London stocks set to rise after mixed trade in Asia



FTSE 100 set to climb after mixed trade in Asia

The FTSE 100 index is expected to open eight more points at 7,133, according to IG data, after mixed trading in Asia and a positive close on Wall Street. Mainland China and Hong Kong markets are down, but the Japanese Nikkei is up 0.3%. The Dow Jones closed 0.4% ahead. “After a few quiet sessions, and despite the looming payroll report, Wall Street regained its upward momentum on Thursday with the S&P 500 advancing 0.5% to a new record,” said Chris Scicluna of Daiwa Capital Markets. Elsewhere, crude rose more than 2% with WTI futures above $ 75 a barrel as the OPEC + meeting ended with no deal to increase production. The greenback was slightly higher. firmer. ”

Companies News: 

QinetiQ CFO David Smith Retires; Carol Borg appointed replacement

QinetiQ Group PLC announced Friday that CFO David Smith will retire on November 30, to be replaced by Carol Borg on December 1.

Gym Group raises £ 31.2million through share placement

Gym Group PLC said on Friday it had raised 31.2 million pounds ($ 42.9 million) through the stock offering first announced Thursday night.

New loans in the first half of Distribution Finance increased considerably

Distribution Finance Capital Holdings PLC said on Friday that its second quarter performance was strong, but that it expects growth to normalize in the second half.

Kazatomprom plans to extend 20% production reduction until 2023

NAC Kazatomprom JSC said on Friday that it plans to keep 2023 production at a level similar to 2022, extending a 20% production cut.

GYG deadline for Harwood Capital offer extended again

GYG PLC said on Friday that the UK Takeover Panel had extended until July 23 the deadline for its second shareholder Harwood Capital to give its firm intention to make an offer or withdraw. raises £ 27.3million on London IPO Ltd. said on Friday it was raising £ 27.3million ($ 37.6million) as part of its IPO on London junior AIM.

LungLife AI raises £ 17million on London IPO

LungLife AI said on Friday it had raised £ 17million ($ 23.4million) as part of its IPO on London junior AIM.

The number of Wizz Air passengers in June has increased year on year

Wizz Air Holdings PLC said on Friday it carried more passengers in June compared to the same month a year earlier.


Contact: London NewsPlus, Dow Jones Newswires; + 44-20-7842-931

(END) Dow Jones Newswires

July 02, 2021 03:13 ET (07:13 GMT)

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