1. UK listed stocks with Russian links take a hit
While the Russian stock market remains closed, and the country increases the obstacles for investors trying to dump Russian equities, the crisis is reaching into UK and US shares that have built their value on the back of Russian business.
2. BP ditching Rosneft (AIM:ROSN) is a good thing
Blue-chip City brokers reckon the end result of BP PLC’s forced exit from its Rosneft (AIM:ROSN) stake will be a net positive, even though the circumstances are “less than ideal”.
3. Conflict leading to record petrol prices
Petrol prices are at an all-time high in the UK amid the continued fallout from Russia’s invasion of Ukraine.
4. Footsie continues volatility
The FTSE 100 index closed a volatile Monday session 31.21 points or 0.42% lower at 7,458.25 as sentiment on the Russia/Ukraine war held sway.
5. Primark will become increasingly important to AB Foods
Sales and profit are expected to be up 60% like-for-like for the fashion retail branch of the business and, perhaps even more impressively, they are expected to be ahead of pre-Covid levels, benefitting from six months of uninterrupted footfall in most of its stores globally.
A look ahead to some of tomorrow's news
Updates from Abrdn, Intertek, Rotork and many more..