FTSE 100 Extends Record Winning Run On Earnings
(RTTNews) - U.K. stocks rose on Thursday to hit a record high for a third session in a row, with upbeat earnings and news of a takeover approach for Anglo American boosting investor sentiment.
The benchmark FTSE 100 was up 47 points, or 0.6 percent, at 8,087 after finishing marginally lower on Wednesday.
Barclays surged 4.2 percent after the lender reported a smaller-than-expected drop in first-quarter profit.
Unilever rallied 5.3 percent. The consumer goods giant beat first-quarter sales forecasts and kept its full-year guidance for underlying sales growth within its multi-year range of 3-5 percent.
Anglo American soared 12.5 percent after mining giant BHP Group proposed a takeover of the rival in a deal that seeks to create world's biggest copper miner with around 10 percent of global output.
Housebuilder Persimmon rose about 1 percent after reaffirming its annual home-build targets.
European Stocks Close Weak
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
U.S. Pending Home Sales Fall More Than Expected In July
Eurozone Economic Confidence Weakens In August
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
U.S. Economy Surges More Than Previously Estimated In Q2
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
