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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: Flutter, Ocado impress; ASOS sales slip; FTSE 100 flat; Cocoa crisis

1. Paddy Power owner Flutter hails accelerating US growth as full NYSE move looms

“I was proud to see Flutter shares trading for the first time on the NYSE on January 29, 2024 and we have been encouraged by the increased focus from new US investors as a result of our US listing,” said chief executive Peter Jackson.

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2. Ocado up 3% as retail starts to deliver

Ocado Retail CEO Hannah Gibson said the shopping offering was "resonating well" with customers.

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3. ASOS follows the trend with sales slumping 18%

ASOS kept its full-year guidance unchanged, forecasting a 5-15% sales decline, positive adjusted EBITDA, inventory back to pre-COVID levels, and positive cash generation, reducing net debt.

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4. FTSE 100 closes higher

FTSE 100 closes 13 points at 7,930

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5. Cocoa price surge makes chocolate 'the new luxury item'

Futures prices for cocoa today bubbled up above $10,000 per tonne for the first time, following a 130% increase so far this year - more than Nvidia's 95% gain.

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