FTSE 100 Seen Opening Higher After Losses

FTSE 100 Seen Opening Higher After Losses

0735 GMT - The FTSE 100 is expected to open slightly higher after closing lower in the previous session when energy and oil stocks fell following downbeat Chinese trade data. IG futures data show the London index of blue-chip stocks opening up 6 points after closing down 32 points on Wednesday. "There appears to be little in the way of significant direction in markets at the moment, hardly surprising given next week's looming central bank decisions, and we will probably continue to see further scratchiness in the upcoming days," CMC Markets analyst Michael Hewson writes. The Federal Reserve announces its policy decision on Dec. 14 followed by the Bank of England and European Central Bank on Dec. 15. ([e-mail])

 
Companies News: 

British American Tobacco Backs 2022 Views Supported by New Category Products

British American Tobacco PLC backed its 2022 guidance on Thursday after a robust performance from its vaping and oral tobacco business, despite inflation hitting its supply chain.

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DS Smith 1H Pretax Profit, Revenue Rose as Selling Prices Increase

DS Smith PLC said Thursday that pretax profit jumped and revenue rose for the first half of fiscal 2023, driven by higher average selling prices reflecting a recovery of paper and other input costs.

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Frasers Group Backs FY 2023 Guidance After 1H Pretax Profit Rose on Higher Sales

Frasers Group PLC on Thursday reported a rise in pretax profit for the first half of fiscal 2023 as it benefited from higher sales from its acquired brands, and backed its full-year guidance.

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(END) Dow Jones Newswires

December 08, 2022 02:57 ET (07:57 GMT)

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