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22 February 2021 | 16:38pm StockMarketWire.com - Details of the UK s reopening plan helped give the FTSE 100 a lift on Monday afternoon with the index recovering earlier heavier losses to trade down just 0.18% at 6,612.24. Hospitality, retail and travel stocks all rallied with pubs group JD Wetherspoon up 8.7% to £13.43, budget airline Jet2 rising 7.2% to £13.14 and WH Smith gaining 6% to £17.85. By 4.30pm UK time the S&P 500 was down 0.6% to 3,884.42. Security group G4S slumped 9.8% to 242.6p after private equity firm GardaWorld said it wouldn t raise its 235p offer for the company, cooling hopes of a bidding war. G4S had rejected GardaWorld s offer in favour of 245p bid from Allied Universal. ....
22 February 2021 | 12:05pm StockMarketWire.com - The FTSE 100 made a partial recovery on Monday despite investors continuing to fret about inflation risks. By midday the index had recovered around half of its initial losses to trade 0.45% lower at 6,594.41. Some support to sentiment was provided by mounting evidence of the efficacy of vaccines ahead of the UK reopening plan set to be announced later. Security group G4S slumped 9.8% to 242.6p after private equity firm GardaWorld said it wouldn t raise its 235p offer for the company, cooling hopes of a bidding war. G4S had rejected GardaWorld s offer in favour of 245p bid from Allied Universal. ....