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11 March 2021 | 16:36pm StockMarketWire.com - A strong start to the trading day in the US helped the FTSE 100 erase its lunchtime losses to trade 0.2% higher at 6,736.96 by the close. At 4.30pm UK time the S&P 500 was up 1.4% to 3,954.48 as yesterday s weaker than expected inflation number and the passing of a big US stimulus package helped boost sentiment. Morrisons has seen pre-tax profits fall more than 60% in 2020, with a £290 million hit relating to Covid costs , despite a rise in sales and revenue for the high street supermarket chain. Its shares ticked dipped 1% to 175.25p. Rolls Royce has said its performance in 2020 has been significantly affected by the Covid-19 pandemic as it reported a fall in revenue to £11.8 billion. It advanced 0.8% to 113.9p. ....
10 February 2021 | 12:00pm StockMarketWire.com - The FTSE 100 made steady gains on Wednesday, up 0.3% to 6,548.39 by midday supported by strength in the mining sector as investors looked towards a recovery from the pandemic. Sentiment was also supported by the new record highs marked by US and Asian stocks overnight. Housebuilder Persimmon dipped 0.3% to £27.74 after it identified unsafe cladding materials in high-rise buildings and flagged a £75 million charge to pay for replacement work. Persimmon s review comes in the wake of the Grenfell Tower disaster in 2017, which saw a high-rise residential building catch fire, killing 72 people. Permission had found 26 buildings that it had developed that may need work. ....