FTSE 100 to Open Higher After Record Gains on Wall Street
2021年10月26日 - 04:18PM
Dow Jones News
FTSE 100 Seen Opening Higher After Record Gains on Wall
Street
The FTSE 100 is expected to start trading higher following gains
on Wall Street overnight with the S&P 500 and Dow Jones closing
at record highs. Spreadbetting firm IG sees the London index
opening up 10 points after closing 18 points higher on Monday. "The
continued resilience in stock markets is happening despite a
backdrop of rising concern about increasing Covid cases in Asia,
and the prospect of action by some central banks to rein back on
stimulus," CMC Markets analyst Michael Hewson says. "The move
higher is being helped by rising oil prices driving gains in the
oil and gas sector," Hewson says.
Companies News:
Bunzl Says 3Q Revenue Rose; Sees Positive Closure to 2021
Bunzl PLC said Tuesday that revenue for the third quarter rose
13% in constant exchange rates, adding that it expects to close the
year with a slight underlying revenue growth when compared with the
previous year.
---
Reckitt Benckiser 3Q Like-for-like Revenue Rose, Raises 2021
Guidance
Reckitt Benckiser Group PLC said Tuesday that its third-quarter
revenue rose on a like-for-like basis but slipped on a reported
basis, and raised its full-year revenue guidance.
---
Whitbread 1H 2022 Pretax Loss Narrowed
Whitbread PLC said Tuesday that its pretax loss narrowed for the
first half of fiscal 2022 as revenue rose, and that the board was
confident in returning to prepandemic U.K. profit margins.
---
Polymetal 3Q Gold Equivalent Production Fell 8% to 437,000
Ounces
Polymetal International PLC on Tuesday reported an 8% fall in
third-quarter production, in line with expectations, and backed its
full-year guidance.
---
Franchise Brands' Willow Pumps Business Slow to Recover During
3Q; 2021 in Line With Views
Franchise Brands PLC said Tuesday that in the third quarter, its
Willow Pumps business has been slower to recover from the reduced
Covid-19-related volumes of 2020, but that the board was confident
in meeting 2021 market expectations.
Market Talk:
Rio Tinto Bull Disheartened by Investor Day
J.P. Morgan was disappointed by Rio Tinto's recent investor day,
especially the outlook for its Australian iron-ore business, with
the miner having backed away from a 360-million-ton target in the
medium term. "Our previous view was that Rio's iron-ore division
was a short-term turnaround story," JPM says. "We no longer view it
this way, with our medium-term estimates now reflective of 2H21
performance." The bank cuts its target on the stock to A$113/share
from A$143/share, although it keeps an overweight rating because of
Rio's relatively low price-to-NPV, 10% yield and net cash balance.
Rio is down 0.8% in Sydney at A$95.685/share.
---
Rio Tinto's Carbon Plan Looks Aggressive, Highlights Industry
Challenge
Rio Tinto's US$7.5 billion plan to slash its carbon emissions is
aggressive and ahead of its peers, Citi says. "Others will likely
have to follow suit," it says. The bank cuts its target on Rio's
Australian stock to A$115/share from A$120/share, following a
capital markets day that centered on the miner's pricey
decarbonization plans. "Rio set an ambitious plan to reduce
emissions and set its operations up to be competitive in a carbon
constrained world," Citi says. However, Rio's plans also
highlighted an industrywide challenge, as its rivals will also need
to bear decarbonization-linked costs or be faced with a broad-based
carbon tax. Rio is down 0.6% at A$95.90/share.
Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka
Halas at sarka.halas@wsj.com
(END) Dow Jones Newswires
October 26, 2021 03:03 ET (07:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
FTSE 100
指数チャート
から 2 2024 まで 3 2024
FTSE 100
指数チャート
から 3 2023 まで 3 2024