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.
Swiss Market Ends Moderately Lower
European Stocks Close Lower Ahead Of Crucial Economic Data
Canadian Market Drifts Lower After Inflation Data
US Consumer Confidence Dips On Weaker Economic Expectations
Spirit Aero Stock Dips On Reports Of Boeing Changing Terms Of Acquisition Offer
Eli Lilly Collaborates With OpenAI To Use Generative AI To Invent Novel Antimicrobials
DuPont To Acquire Donatelle Plastics For Undisclosed Terms
