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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FTSE 100 up ahead of fresh interest rate calls - Market Report

FTSE 100 up ahead of fresh interest rate calls - Market Report

Good morning from London where the FTSE 100 is up in early trading, ahead of interest rate calls in the US and UK expected in the coming days.

Shares in B&Q owner Kingfisher PLC (LSE:KGF) certainly not pulling their weight early on, after they slumped on news that of lower profit guidance for the full year.

A better start came for both Ocado Group PLC (LSE:OCDO) and Marks and Spencer Group PLC (LSE:MKS) though, with each rising on reports of growing revenue and customer numbers at their joint venture Ocado Retail Ltd.

The good news spread to TUI AG (LSE:TUI) and the holiday sector too, as the travel group reported strong summer trading, with bookings at 96% of pre-pandemic figures.

Hargreaves Lansdown PLC (LSE:HL.) overcame poor investor sentiment and tough trading to report growth in both revenue and profit in the year to June, and finally in small caps, shares in Scancell soared as data from the biopharma company’s latest melanoma trial surpassed its expectations.

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