FTSE boosted by global gains

clock

The FTSE has extended yesterday's gains, adding 0.2% in early trading, as strong corporate earnings and upbeat economic data continue to power the index.

London's leading share index opened 0.21%, or 12 points, higher at 6,034 as yesterday's rally - which saw it break through the 6,000 mark- looks set to continue. Leading the upward charge is TUI Travel, up 1.7%, whilst chip-maker ARM Holdings has edged up 1.6% on the back of solid earnings from the US technology sector. Eurasian Natural Resources and temporary power company Aggreko are also early winners, both advancing over 1%. London's bright start is mirrored across Europe, with Germany's Dax up 0.6% and France's Cac 40 up 0.4%. Meanwhile, Asian stock markets were also higher...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot