FTSE 100 Edges Higher On Earnings Boost

RTTNews | vor 980 Tagen
FTSE 100 Edges Higher On Earnings Boost

(RTTNews) - U.K. stocks eked out modest gains on Thursday after clothing retailer Next Plc raised its pre-tax profit forecast for the current year, defying gloom about weakening consumption and the U.K.'s cost-of-living crisis.

Next Plc shares jumped 7.5 percent, while the benchmark FTSE 100 was up 23 points, or 0.3 percent, at 7,607.

Bakery chain Greggs gained about 1 percent after reporting strong double-digit growth in its fourth-quarter sales.

Galliford Try Holdings fell 1.5 percent. The construction group said it has won a £95mln contract to deliver a new prison facility at HMP Rye Hill, near Rugby in Warwickshire.

B&M European Value Retail advanced 1.3 percent. The variety discounter announced a special dividend after reporting an uptick in sales in its third quarter.

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RTTNews | vor 55 Minuten
European Economic News Preview: ECB To Hold Key Rates

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RTTNews | vor 1Std 49 Minuten
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RTTNews | vor 3Std 55 Minuten
Australian Market Maintains Early Losses In Mid-market

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RTTNews | vor 5Std 13 Minuten
Asian Markets Trade Mixed

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RTTNews | vor 5Std 38 Minuten
Sensex, Nifty Set For Muted Start

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Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
RTTNews | vor 5Std 59 Minuten