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FTSE 100 closes higher, bolstered by resource stocks
The premier index of leading shares added around 27 points to finish at 6,968
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LON:DGE
Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits,wine and beer categories.
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Investments and investor services
The premier index of leading shares added around 27 points to finish at 6,968
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Aside from the tide of blue-chip results, some big second line news will also flow on Thursday from the likes of Britvic, Dairy Crest, Premier Oil, Rank Group, and Renishaw
Investments and investor services
A deceptively dull start by the Footsie gradually turned into something a bit more dramatic
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The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
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Some companies stand to gain more than others over the festive season, and with the help of The Share Centre, we’ve picked a handful of stocks to take a look at this year
Among the brands included in the transaction are Seagram's VO, Seagram's 83, Seagram's Five Star, Parrot Bay, Romana Sambuca, Popov, Yukon Jack, Goldschlager, Black Haus, Booth's and John Begg
"The year has started well and performance is in line with our expectations,” Diageo chief executive Ivan Menezes said.
The UK's premier index closed up around 36 points at 7,367.
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Diageo and Lamprell are expected to be among the names under focus in Thursday's schedule.
FTSE 100 closed down nearly two points on the day at 7,302
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Aside from the UK data and the retail updates, the Week Ahead will also bring news from the likes of Diageo, Dairy Crest, Smiths Group, Lamprell, and SIG
Analysts at the investment bank said the owner of brands such as Guinness and Smirnoff could derive “incremental value creation” through its beer ranges
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The day ahead sees Cineworld and Legal & General report their first-half results
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Aside from HSBC's numbers, Prudential, L&G, Standard Life Aberdeen, and Hargreaves Lansdown are all on the results docket in the coming week
Moet Hennessy was singled out as the laggard in the drinks maker’s portfolio
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
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Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
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In London, FTSE 100 shed 23 points to 7,655, while FTSE 250 shed over 155 points at 20,770
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Over the five sessions in the Week Ahead, around 20% of the FTSE 100 index will report results or issue a trading update, with about half that number due on Thursday alone
Investments and investor services
We have a deluge of earnings statements from some of Britain's biggest businesses. Below we discuss the themes likely to emerge from the mid-term reporting season