FTSE 100 Falls 0.8% as Travel, Retail Stocks Weaken
02 December 2021 - 08:53PM
Dow Jones News
FTSE 100 Falls as Travel, Retail Stocks Drop; Oil Gains
0921 GMT - The FTSE 100 Index drops 0.8% to 7113 as losses for
travel-related stocks, retailers and miners offset gains for oil
majors. Markets in mainland China and Japan fell, though stocks in
Hong Kong were higher. "A mixed session overnight has come despite
another dramatic decline in U.S. indices, with markets reacting to
the first Omicron case in the U.S.," IG analysts say. Carnival,
Intercontinental Hotels Group, JD Sports Fashion and Marks &
Spencer are among the biggest fallers. BP and Royal Dutch Shell are
among a few risers as the price of Brent crude gains 1.3% to $69.78
a barrel. (philip.waller@wsj.com)
Companies News:
Halfords to Raise Up to GBP64 Mln for Axle Group Acquisition
Halfords Group PLC said Wednesday that it intends to launch a
share placing to raise up to around 64 million pounds ($85.1
million) to fund the acquisition of Axle Group Holdings Ltd, as
well as maintain balance sheet flexibility.
---
Aston Martin CFO Kenneth Gregor to Step Down for Personal
Reasons
Aston Martin Lagonda Global Holdings PLC said Thursday that
Chief Financial Officer Kenneth Gregor will step down from the role
and as a director by the end of June for personal reasons.
---
Serco Group Expects 2022 Revenue to Be Lower Than 2021; Backs
2021 Guidance
Serco Group PLC said Thursday that it expects revenue for 2022
to be around 6% lower than the 4.4 billion pounds ($5.84 billion)
expected for 2021, and backed its guidance for 2021.
---
Seeen PLC 3Q Revenue Rose 8%
Seeen PLC said Thursday that its revenue grew 8% in the third
quarter of 2021, and that adjusted pretax profit remains in line
with expectations.
---
Ryanair November Traffic Fell on Month to 10.2 Mln
Ryanair Holdings PLC on Thursday reported lower guests for
November compared with the previous month, although the load factor
was higher.
---
Wizz Air November Passenger Numbers Rose on Year
Wizz Air Holdings PLC said Thursday that it carried more
passengers in November than in the same month a year earlier.
---
Eckoh 1H Pretax Profit, Revenue Fell
Eckoh PLC said Thursday that pretax profit fell in the first
half of fiscal 2022 as revenue declined, and it expects full-year
profit to match fiscal 2021, assuming there are no further
lockdowns in its markets.
---
Tharisa FY 2021 Profit Doubled on Higher Prices, Production
Tharisa PLC on Thursday reported that its profit more than
doubled in the year ended Sept. 30, reflecting higher prices and
production.
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones
Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
December 02, 2021 04:38 ET (09:38 GMT)
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