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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

Pharma & Biotech

FTSE 100 to amble higher

Results from WPP and the LSE both showed strong top-line growth

The Footsie is set to continue yesterday afternoon's revival, albeit with an element of caution ahead of US jobs figures today.

Spread betting quotes point to the FTSE 100 opening at around 6,157, after closing at 6,130 last night.

US markets were firmer overnight, with the S&P 500 rising 0.4% to 1,993 and the Dow Jones average up 0.3% at 16,944, though the Nasdaq Composite barely finished in positive territory, up four points at 4,707.

Heading into the last hour of trading Asian markets were mostly on the up. In Japan, the Nikkei 250 was up 35 points at 17,015 while in Hong Kong the Hang Seng was 145 points higher at 20,087.

In the UK, advertising and marketing colossus WPP (LON:WPP) reported another record year with reported revenue up 6.1% at £12.24bn in 2015.

Bid target London Stock Exchange (LON:LSE) reported revenue in 2015 was up 11% year-on-year on a continuing operations basis.

Passenger statistics for February from easyJet (LON:EZJ) showed a 9.8% year-on-year increase in passengers carried, although the load factor – a measure of how full the aircraft are – eased to 90.5% from 90.9%.

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