UKX FTSE 100 Index

FTSE 100 Set to Open Lower After Asia, US Stocks Drop

The FTSE 100 is expected to open 38 points lower at 7525, according to CMC Markets, after downbeat trading in Asia and on Wall Street. Shares in mainland China are flat and markets in Hong Kong and Japan drop after the Dow closed 0.5% adrift Thursday. Still, the price of a barrel of Brent crude gains 0.4% to $84.81 a barrel. "As a result of the weakness in U.S. and Asia markets, today's European open looks set to be a weaker one, with the focus on U.S. retail sales for December, where we'll see how much of an impact the Omicron outbreak has had on consumer demand before Christmas," CMC analyst Michael Hewson says.

 
Companies News: 

Aston Martin Poaches Vivo Energy CFO Doug Lafferty

Aston Martin Lagonda Global Holdings PLC said Friday that it has appointed Vivo Energy PLC's Chief Financial Officer Doug Lafferty as its chief financial officer.

---

B&M European Value Retail Investors Sell 40 Mln Shares, Goldman Sachs Says

Goldman Sachs said Friday it has sold 40 million shares in B&M European Value Retail SA on behalf of SSA Investments Sarl, raising 234 million pounds ($320.7 million).

---

Experian 3Q Organic Revenue Grew; Raises Guidance

Experian PLC said Friday that organic revenue grew 11% at constant exchange rates and 14% at actual exchange rates in the third quarter of fiscal 2022, and raised its full-year guidance.

---

Senior Says 2021 Performance Was In Line With Expectations

Senior PLC said Friday that its 2021 performance was in line with expectations, with revenue likely to be around 659 million pounds ($903.1 million).

---

Currys Says Christmas Performance was Challenging, Revenue Declined

Currys PLC said Friday that its performance during its peak Christmas period was hurt by lower demand and that it expects to post a decline in adjusted pretax profit for the financial year.

---

Cineworld Generates Positive 4Q Cash Flow on Improved Revenue

Cineworld Group PLC said Friday that it generated a positive cash flow in the fourth quarter of 2021, on the back of an improvement in revenue and cost measures.

---

Tower Resources Raises GBP1.5 Mln Towards Portfolio, Working Capital

Tower Resources PLC said Friday that it has raised 1.5 million pounds ($2.1 million) via a share placing and subscription, and will use the money towards its portfolio and for working capital purposes.

---

Team17 Raises GBP78.6 Mln via Share Placing to Fund Entertainment GmbH Buy

Team17 Group PLC said Friday that it has now raised 78.6 million pounds ($107.7 million) via the share placing first announced late Thursday.

---

Quiz December Revenue Rose

Quiz PLC said Friday that revenue from its channels rose during December when compared with the same period a year ago, marked by significant growth in U.K. stores and concessions.

---

Smartspace Software Expects FY 2022 Results in Line With Market Views

Smartspace Software PLC said Friday it anticipates its fiscal 2022 results being in line with market expectations.

---

Bonhill Sees 2021 Revenue, Ebitda to Slightly Miss Expectations

Bonhill Group PLC said Friday that it expects revenue and earnings before interest, taxes, depreciation, and amortization for 2021 to slightly miss market expectations after Omicron coronavirus variant disruption, but 2022 has begun well.

---

Cornerstone FS Sees 2021 Revenue Increase Boosted by New Asia Team

Cornerstone FS PLC said Friday that it expects to report increased revenue for 2021, boosted by its new Asia team.

Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka Halas at sarka.halas@wsj.com

(END) Dow Jones Newswires

January 14, 2022 03:11 ET (08:11 GMT)

FTSE 100
Index Chart
From Mar 2024 to Apr 2024

FTSE 100
Index Chart
From Apr 2023 to Apr 2024