FTSE 100 to Open Higher
December 03 2021 - 03:28AM
Dow Jones News
London Stocks Seen Opening Higher
The FTSE 100 is expected to open 39.7 points higher, according
to IG, having closed Thursday at 7129.21, helped by the
anticipation that the Omicron variant of Covid-19 will be mild and
less dangerous. Concerns linger about prospects that the Federal
Reserve will tighten monetary policy quicker than previously
anticipated, however, after comments by Fed Chair Jerome Powell
earlier this week. "Volatility remains high," Ipek Ozkardeskaya at
Swissquote says. U.S. nonfarm payrolls data due at 1330 GMT might
not attract as much attention as usual, given the Fed looks focused
on concerns about inflation, she says. Strong jobs data "should be
perceived as good news for stock prices...a strong number would at
least mean that the economy needs less help."
Companies News:
Duke Royalty 1H Pretax Profit Increased; Sees Full-Year
Performance Beating Market Views
Duke Royalty Ltd. on Friday reported a higher pretax profit for
the first half of fiscal 2022, and said it is on track to exceed
market expectations for the full year.
---
UK High Court Dismisses UGC's Claim Against Petropavlovsk
Petropavlovsk PLC said Friday that the U.K. High Court has
dismissed the claim made by shareholder JSC Uzhuralzoloto Group of
Companies against the company and its directors.
---
Kenmare Resources Names Andrew Webb as Incoming Chairman in
2022
Kenmare Resources PLC said Friday that it has appointed Andrew
Webb as chairman designate and nonexecutive director, and will
succeed current chairman Steven McTiernan after the company's
annual general meeting in 2022.
---
Hochschild's Rare Earths Project Secures $96 Mln Raise for TSX
IPO
Hochschild Mining PLC said Friday that Aclara Resources Inc.,
the holding company for its rare-earths project in Chile, has
secured 123.5 million Canadian dollars ($96.4 million) for its
initial public offering on the Toronto Stock Exchange.
---
Industrials REIT 1H Profit, Revenue Rose
Industrials REIT Ltd. said Friday that its first-half revenue
and profit rose, and that it expects positive performance trends to
continue into the second half.
---
UK Regulator Won't Refer Thermo Fisher's Acquisition of PPD for
Further Review
The U.K. Competition and Markets Authority said Friday that it
has decided it won't refer Thermo Fisher Scientific Inc.'s planned
$17.4 billion acquisition of pharmaceutical-testing company PPD
Inc. to a phase 2 investigation.
---
Hargreaves Lansdown Poaches Virgin Group CFO Amy Stirling
Hargreaves Lansdown PLC said Friday that it has appointed Amy
Stirling as its incoming chief financial officer, effective from
Feb. 21.
Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka
Halas at sarka.halas@wsj.com
(END) Dow Jones Newswires
December 03, 2021 03:13 ET (08:13 GMT)
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