leadf
logo-loader
viewRio Tinto PLC
(
LSE:RIO
)

Market report: FTSE Friday feeling as UK economy grows for a third month in a row

The FTSE’s got that Friday feeling today - after news the UK economy grew by 6.6% in July, up for a third month in a row that the economy has expanded - although that is far below pre-pandemic levels and now that more restrictions are coming back into place, it’s not yet time celebrate.

Elsewhere there’s still plenty of caution as we head into the weekend, with Brexit tensions continuing as talks over a trade deal with the EU are looking uncertain due to fears the UK could override part of the Brexit withdrawal agreement which would then mean facing legal action from the EU. But relations are better with Japan after the UK and Japan agreed a post-Brexit trade deal.

Rio Tinto (LON:RIO) is one of the biggest movers today after the news that chief executive officer will step down after the The Anglo-Australian company has faced widespread criticism for the loss of the ancient indigenous rock shelters Western Australia.

BlueRock Diamonds PLC (LON:BRD) has announced that it has recovered a 9.7 carat diamond with an initial independent valuation estimate of $75,000. 

Chaarat Gold Holdings Limited (LON:CGH) has said it is “on track” to deliver its full year production guidance for its Kapan gold mine in Armenia.

And Belvoir Group PLC (LON:BLV) has announced that its former chairman is looking to sell up to 2mln ordinary shares to institutional investors.

Quick facts: Rio Tinto PLC

Follow
LSE:RIO

Price: 4792 GBX

Market Cap: £77.51 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Mirriad Advertising half-year top-line results up 27% driven by a stronger...

Mirriad Advertising PLC (AIM:MIRI, FRA:8WQ, OTCQX:MMDDF) CEO Stephan Beringer talks to Proactive about the in-content advertising company's half-year results for the six months ended 30 June 2021. Beringer says revenue increased by 27% to £1.2M driven by its focus on the US, including signing...

1 hour, 26 minutes ago

2 min read