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FTSE opens lower; Curry's rallies on JD.com bid - Market Report

FTSE opens lower; Curry's rallies on JD.com bid - Market Report

The FTSE 100 dipped as the trading week got underway.

Leading Monday’s reporters was Moneysupermarket, which unveiled a double-digit rise in revenue, spearheaded by its exposure to the insurance market.

However, it was weekend news which dominated this morning, with Curry’s skyrocketing on now-confirmed rumours that JD.com is readying a takeover offer for the electricals retailer.

Alongside this, Royal Mail parent IDS moved higher on reports the firm could slow delivery of hospital post and legal letters in a cost-saving drive, meanwhile.

And finally elsewhere, AIM-listed KEFI Gold jumped after the firm announced its joint venture partner had made a third discovery in the broader Hawiah district in Saudi Arabia.

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