Good morning from London where the FTSE 100 has continued its upward trajectory so far today, and its mining companies leading the charge. Anglo American, Glencore and Antofagasta occupy are the top three risers, with Rio Tinto not far behind.
Plenty going on outside of the mineral space as well - EasyJet shares are down this morning as it warned of the need to mitigate what it calls the “challenging external environment” which including air traffic control disruption and people around the continent not having very much money at the moment.
Royal Mail owner International Distributions Services shares are up after it appointed new chief executive Martin Seidenberg on the back of flat first-quarter revenue. Dunelm is UP after the homeware retailer raised guidance for the year following what it described as a ‘robust’ final quarter in which sales grew by 6%.
Across the Atlantic both Tesla and Netflix fell after-hours as their respective trading updates failed to please investors. Netflix added some 5.9mln subscribers in the second quarter but missed revenue expectations, while Tesla penned record income but was hit with tighter margins. And finally in small caps, Arecor Therapeutics rose after hinting the latter part of the year could see inflexion points and further deal-making.