FTSE 100 Lifted by Travel, Energy and Bank Shares
15 Oktober 2021 - 10:31AM
Dow Jones News
FTSE 100 Lifted by Travel, Energy and Bank Shares
0759 GMT - The FTSE 100 rises to a 19-month high of 7242 points,
according to FactSet, lifted by travel, energy and bank stocks.
Travel stocks gain following an easing of coronavirus testing rules
for travelers returning to England. Energy shares rise on higher
oil prices while U.K. banks rally after strong earnings from U.S.
rivals. Hargreaves Lansdown climbs 0.2% after posting a rise in
first-quarter assets under management. Pearson declines 4.1% after
the education group said enrolments at U.S. community colleges had
been hit by a surge in coronavirus cases and a strong jobs market
tempting students away. Rio Tinto drops 1.8% after the miner cut
its forecasts for iron-ore shipments this year.
(renae.dyer@wsj.com)
Companies News:
Rio Tinto Cuts 2021 Projection for Iron-Ore Shipments, Copper
Output
Rio Tinto said it expects to ship less iron ore than previously
anticipated from its Australian mining operations this year because
of delays to projects caused by labor shortages in the country's
west.
---
Pearson Sees 2021 in Line With Market Views
Pearson PLC said Friday that it has made good strategic progress
in the first nine months of the year, and that it was in line with
full-year adjusted operating profit market consensus.
---
Hargreaves Lansdown 1Q 2022 Assets Under Administration Rose
Hargreaves Lansdown PLC said on Friday that assets under
administration rose during the first quarter of fiscal 2022, and
that its client retention rate remained solid at 93%.
---
Iofina Says Iodine Production Remains in Line With Guidance
Iofina PLC said Friday that it remains on track to meets its
second-half crystalline iodine production target of 260-275 metric
tons.
---
Loungers Sales Up Since Start of Indoor Trading
Loungers PLC said on Friday that its like-for-like sales grew
27% in the 20 weeks to Oct. 3, when compared to the year-prior
period, and that its performance since May 17, the start of indoor
trading in the U.K., has been maintained.
---
K3 Capital Says FY 2022 Performance Remains in Line With Market
Views
K3 Capital Group PLC said Friday that its performance remains in
line with market expectations, and that it will report
higher-than-anticipated revenue and earnings for the year that
ended May 31 after an accounting review.
---
Mediclinic International Says 1H Revenue, Ebitda Margin Rose
Mediclinic International PLC said Friday that revenue rose in
the first half of fiscal 2022, and that its Ebitda margin improved
notably.
---
CPPGroup Expects FY2021 Performance to Meet Market
Expectations
CPPGroup PLC said on Friday that it is confident it will perform
in line with market expectations for the year 2021 on the back of
recovery of its business in India.
---
Hostmore to Float in London on Nov. 2
Hostmore PLC said Friday that it expects its shares to be
admitted to trading on the London Stock Exchange on Nov. 2,
following its separation from Electra Private Equity PLC.
---
Compass Group Sets Raft of Net-Zero Commitments
Compass Group PLC said Friday that it has made a commitment to
reach carbon neutrality in its own operations by 2030 and net zero
greenhouse gas emissions across its operations and value chain by
2050.
Market Talk:
Aviation, Travel Stocks Rise on Lateral Flow Test News
0800 GMT - Shares in U.K.-listed aviation and travel groups rose
on Friday on news that the U.K. government would allow fully
vaccinated international passengers arriving in England from
countries not on the government's red list to use lateral flow
tests--which are cheaper than PCR tests--from Oct. 24. Shares in
IAG--which houses carriers British Airways and Iberia among
others--were up 2.1% at 180.84 pence. Low cost carrier easyJet was
up 2.35% at 645.40 pence, with Ryanair was up 1.4% at EUR17.18.
German travel group TUI was up 0.6%, at 267.70 pence with
eastern-Europe-focused Wizz Air up 1.8% at 4,664 pence.
Leisure-travel group Jet2 was also up: 26.50 pence, or 2.1%, at
1,301.50 pence. (anthony.orunagoriainoff@dowjones.com)
Pearson's Nine-Month Update Seen as Solid but Unremarkable
0724 GMT - Pearson's nine-month performance update was in line
with expectations, reiterating guidance--though it does leave a
slight sense of what might have been, Citi says. The FTSE 100
education company's performance was solid enough, but had community
college enrolments in the U.S. been a little more robust, the
conversation around the company would surely have been about
consensus upgrades, the U.S. bank says. "We expect limited change
to consensus forecasts at this stage with downward pressure on
[U.S. Higher Education Courseware] offset by upward pressure to
Assessments," the bank says. Citi retains its buy rating and target
price of 930.0 pence. Shares are down 2.5% at 711.0 pence.
(joseph.hoppe@wsj.com)
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones
Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
October 15, 2021 04:16 ET (08:16 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
FTSE 100
Index Chart
Von Feb 2024 bis Mär 2024
FTSE 100
Index Chart
Von Mär 2023 bis Mär 2024