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FTSE 100 edges higher; Vistry gains on buybacks while ASOS soars - Market Report

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Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
London's FTSE 100 just ticked up on Thursday morning, following a steady decline so far this week. A busier day in London brought several reports, including from ABF, which led the FTSE 100’s fallers early on after revealing subsidiary Primark faced a drop in first-half sales. Housebuilder Vistry climbed in the meantime, having announced £130 million worth of buybacks on the back of a jump in sales and profit over the first half. Currys slipped after reporting enthusiasm around AI-enabled products was growing in the UK and Ireland, but subdued conditions remained in the Nordics. And finally, news that ASOS was to create a joint venture and offload a majority stake in its Topshop and Topman brands to the parent of Denmark’s Bestseller saw shares soar as the market opened. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #abf #primark #vistry #currys #asos #topshop #topman #bestseller #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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606 episoade

Artwork
iconDistribuie
 
Manage episode 438270914 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
London's FTSE 100 just ticked up on Thursday morning, following a steady decline so far this week. A busier day in London brought several reports, including from ABF, which led the FTSE 100’s fallers early on after revealing subsidiary Primark faced a drop in first-half sales. Housebuilder Vistry climbed in the meantime, having announced £130 million worth of buybacks on the back of a jump in sales and profit over the first half. Currys slipped after reporting enthusiasm around AI-enabled products was growing in the UK and Ireland, but subdued conditions remained in the Nordics. And finally, news that ASOS was to create a joint venture and offload a majority stake in its Topshop and Topman brands to the parent of Denmark’s Bestseller saw shares soar as the market opened. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #abf #primark #vistry #currys #asos #topshop #topman #bestseller #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
  continue reading

606 episoade

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