FTSE 100 Tipped To Edge Higher After Mixed Asia Trading

0634 GMT - The FTSE 100 is expected to open 10 points higher at 7227, according to CMC Markets, after mixed trading in Asia and a higher close on Wall Street. Stocks in mainland China are lower, but markets in Hong Kong and Japan gain. The Dow Jones closed 0.6% higher Tuesday. "Rising inflation expectations have been driving the market lately and Wednesday could provide some interesting insights into that story," Danske Bank says. "Today, we get details from September HICP release in the euro area, giving more clues as to what drove the surge in core inflation to 1.9%. Also in the U.K., CPI inflation for September will attract attention, given Bank of England hawkishness," Danske says. (philip.waller@wsj.com)

 
Companies News: 

Segro Third-Quarter Rental Income Rose

Segro PLC said Wednesday that the rental income it contracted during the third quarter of 2021 rose 63%, and its vacancy rate declined further on the back of strong demand for space.

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Antofagasta Expects Copper Production to Fall in 2022

Antofagasta PLC on Wednesday forecast lower copper production for 2022, reflecting a lack of rainfall and lower grades at its Centinela Concentrates operation.

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Avast 3Q Revenue, Adjusted Ebitda Rose; Reaffirms FY Outlook

Avast PLC said Wednesday that its adjusted Ebitda and revenue for the third quarter of 2021 increased when compared with the year-earlier period, and reiterated its full-year outlook.

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Deliveroo 3Q Orders, Gross Transaction Value Rose; Raises Full-Year Transaction Value Guidance

Deliveroo PLC said Wednesday that it saw a rise in orders and gross transaction value in the third quarter of 2021, and raised its guidance for gross transaction value for the year.

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Burberry Appoints Versace's Jonathan Akeroyd as New CEO

Burberry Group PLC said Wednesday that it has appointed Jonathan Akeroyd, currently Gianni Versace SpA's chief executive, as its new CEO.

 

Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com

(END) Dow Jones Newswires

October 20, 2021 02:59 ET (06:59 GMT)

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