FTSE 100 Little Changed In Directionless Trade
(RTTNews) - U.K. stocks were little changed on Monday after new data showed U.K. workers are earning more and producing less.
The Resolution Foundation said in a report that the link between productivity and wage growth has been temporarily severed because of falling pension costs and import prices.
The benchmark FTSE 100 was marginally higher at 8,434 after rising 0.6 percent on Friday.
In corporate news, Diploma shares jumped 5 percent after the technical products supplier reported a good set of half-year results and raised its sales and earnings forecasts.
Victrex added 1.3 percent. The high-performance polymers group forecast improvement in the second half after underlying profits dropped by a third in the first half.
Mission Group surged 5.2 percent. The digital marketing agency rejected a takeover proposal from rival Brave Bison.
Canadian Dollar Rises; BoC Governor Says Canadian Economy Is On Track For A Soft Landing
Australia Consumer Sentiment Rises In June: Westpac
Canadian Dollar Rises Against Majors
European Economic News Preview: Spain Final GDP Data Due
Novo Nordisk Plans $4.1 Bln NC Facility To Boost Obesity Drug Supply
European Shares Likely To Open On Tepid Note Amid Political Jitters
Sensex, Nifty Modestly Higher In Early Trade
