Name Symbol Market Type
FTSE 100 Index FTSE:UKX FTSE Indices Index
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -14.56 -0.19% 7,558.49 7,599.70 7,552.29 7,573.05 0 16:35:30

FTSE 100 to Open Lower After Losses in US, Asia

02/08/2022 8:22am

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FTSE 100 Seen Opening Lower After Declines in US, Asia

0638 GMT - The FTSE 100 is seen opening lower following declines in Asia and U.S. stocks overnight as U.S.-China tensions rise over reports U.S. House of Representatives Speaker Nancy Pelosi will visit Taiwan. "These reports prompted some dark threats from China that the People's Liberation Army would not stand idly if she attempted to visit what is considered by China their sovereign territory without permission," CMC Markets analyst Michael Hewson writes. "These tensions have spilled over into today's Asia session, as we look ahead to a lower European open," Hewson says. The FTSE 100 is expected to open 37 points lower, according to IG. (

Companies News: 

Domino's Pizza Group 1H Pretax Profit Fell; Launches Share Buyback Program

Domino's Pizza Group PLC reported on Tuesday a fall in pretax profit for the half year driven by the time lag in passing higher costs to its franchisees, and announced a share buyback program.


Travis Perkins 1H Pretax Profit Slips, Revenue Rose; Backs Outlook

Travis Perkins PLC said Tuesday that its first half pretax profit slipped though revenue rose, and backed its full-year outlook.


Rio Tinto Completes Sale of Cortez Gold Royalty for $525 Mln

Rio Tinto PLC said Tuesday that it has completed the sale of a gold royalty on an area including the Cortez mine operational area and the Fourmile development project in Nevada to RG Royalties LLC for $525 million in cash.


Greggs Appoints Matthew Davies to Succeed Chairman Ian Durant

Greggs PLC said Tuesday that it has appointed Matthew Davies as chairman designate.


Man Group's 2021 Pretax Profit, Assets Under Management Rose

Man Group PLC reported on Tuesday a significant rise in pretax profit for 2021 and said that it is entering the second half with high performance fee potential and a good level of client engagement.


Capita to Sell Real Estate, Infrastructure Consultancy Businesses for GBP60 Mln

Capita PLC said Tuesday that it has agreed to sell its real estate and infrastructure consultancy businesses to WSP for 60 million pounds ($73.5 million) on a cash-free, debt-free basis.


Direct Line Insurance 1H Pretax Profit Fell, Backs 2022 Views

Direct Line Insurance Group PLC on Tuesday reported a fall in first-half pretax and operating profit but reiterated its short and medium-term guidance while maintaining its dividend payout.


Fresnillo 1H Pretax Profit Fell on Lower Revenue

Fresnillo PLC said Tuesday pretax profit sharply fell and revenue slipped for the first half of 2022, and that it was on track to meet its 2022 production guidance.


BP 2Q Profit Rose Again, Beating Expectations

BP PLC on Tuesday reported that its profits rose further in the second quarter of the year, and increased both the dividend and the quarterly share buyback.


Sage Group Sees FY 2022 Organic Recurring Revenue Growth at Top End of Guidance

Sage Group PLC said Tuesday that it now expects fiscal 2022 organic recurring revenue growth to be toward the top end of guidance after posting a strong performance for the first nine months of its year.


JD Sports Fashion Appoints Regis Schultz as New CEO

JD Sports Fashion PLC said Tuesday that Regis Schultz has been appointed as its new chief executive, succeeding Kath Smith.


Telecom Italia Says Conditions to Complete Sale of Inwit Stake Are Met

Telecom Italia SpA said late on Monday that all the conditions to complete the sale of its stake in Infrastrutture Wireless Italiane SpA--also known as Inwit--have been fulfilled.


Contact: London NewsPlus, Dow Jones Newswires;


(END) Dow Jones Newswires

August 02, 2022 03:07 ET (07:07 GMT)

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