We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|
41.34 | 0.51% | 8,213.49 | 8,248.73 | 8,172.15 | 8,172.15 | 0 | 16:35:30 |
By Carla Mozee, MarketWatch
FTSE 100 on course for July rise
U.K. stocks flipped in and out of losses on Friday, with investors sifting through corporate earnings reports as they received word of a slump in U.K. consumer confidence.
The FTSE 100 was up 0.2% at 6,733.16, setting the blue-chip index on track for a 3.5% monthly gain. That would mark a second straight monthly rise.
For the week, the gauge was poised for a 0.1% advance that would extend its weekly winning run into a sixth week.
Movers: Shares of Barclays PLC (BCS) (BCS) topped the FTSE 100 by rising 4.2%. The banking heavyweight reassured investors about its course of business in the wake of the U.K.'s Brexit referendum, including plans to close "as soon as possible" non-core assets.
"We remain confident that it is the right plan for Barclays, and see no reason to adjust it, or the pace of delivery, in light of the vote by the UK last month to exit the EU," said Barclays Chief Executive Jes Staley, in a statement.
Total income at Barclays fell 9% to GBP11 billion (http://www.marketwatch.com/story/barclays-profit-takes-hit-from-asset-sales-2016-07-29-24853442)($14.49 billion) in the first six months of the year.
But Pearson PLC shares (PSON.LN) sank to the bottom of the benchmark, losing 4.5% as the education specialist said half-year adjusted sales fell 7% from a year ago (http://www.marketwatch.com/story/pearson-books-loss-as-sales-fall-holds-dividend-2016-07-29). Pearson left its dividend unchanged at 18 pence.
Also losing ground was Reckitt Benckiser Group PLC (RB.LN) , whose consumer brands include Lysol and Scholl, as shares fell 2.2%. First-half profit fell 19% (http://www.marketwatch.com/story/reckitt-benckiser-profit-falls-sees-no-brexit-hit-2016-07-29), largely because of a charge related to the South Korean market. The company added that its "global footprint means we expect no tangible impact from uncertainty over Brexit."
But U.K. consumer confidence appears to have taken a hit in July following the Brexit vote. Market research firm GfK said its consumer confidence gauge fell 11 points between June and July (http://www.marketwatch.com/story/uk-consumer-confidence-sinks-post-brexit-2016-07-28), the largest month-on-month drop since 1990.
(END) Dow Jones Newswires
July 29, 2016 04:24 ET (08:24 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year FTSE 100 Chart |
1 Month FTSE 100 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions