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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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FIVE at FIVE: Birkenstock floats; Luton Airport chaos; FTSE 100; Gold steadies; Exxon mega-deal

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Birkenstock floats

The German sandal maker IPO-ed on the New York Stock Exchange at US$46, valuing the company at US$8.64 billion.

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2. Airlines cancel flights after Luton fire

At least 140 flights are said to have been cancelled and some 25,000 passengers affected after the airport suspended flights on Wednesday.

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3. FTSE 100 closed lower after strong US wholesale price inflation figures

At the close, London's lead index was down 8.18 points, 0.1%, at 7,620.03 while the FTSE 250 was down 91.43 points, 0.5%, at 17,876.24

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4. Gold steadies on Middle East chaos and short-covering

Should gold bulls really be getting twitchy if gold edges back towards US$1,850 or even US$1,800 per ounce?

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5. ExxonMobil seals $59.5 billion swoop for Pioneer

The all-stock transaction values each Pioneer share at $253 and more than doubles Exxon's Permian footprint.

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The Markets
by Proactive
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Small-cap coverage continues on .com
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