FTSE 100 Seen Opening Higher After Losses
December 08 2022 - 03:12AM
Dow Jones News
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.
(renae.dyer@wsj.com)
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.
---
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.
---
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.
Contact: London NewsPlus, Dow Jones Newswires;
(END) Dow Jones Newswires
December 08, 2022 02:57 ET (07:57 GMT)
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