Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
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
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

FTSE 100 opens higher; Direct Line soars on Aviva advance as Dr Martens also gains - Market Report

FTSE 100 opens higher; Direct Line soars on Aviva advance as Dr Martens also gains - Market Report

London's FTSE 100 started the day on the front foot, ticking up 15 points to 8,290.

Dr Martens soared early on as investors appeared confident in the shoemaker’s pledges to turn around fortunes despite news it had swung to a loss over the first half.

THG also gained as trading got underway after detailing plans for the demerger of its Ingenuity business, which it said would slash debt for the remaining company.

Ocado moved lower in the meantime following plans to boost capacity for its grocery venture by axing distribution to partner Morrisons from its Erith site.

And finally, takeover bids were in focus, with Direct Line soaring after rejecting an advance from Aviva and Loungers jumping on an accepted bid from US-based Fortress Investment.

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