21 Mins Ago
Associated British Foods trades lower despite lifted 2024 guidance
Associated British Foods was down 0.5% in early trade, despite posting increased revenue for the third quarter and raising its full-year guidance for 2024.
See Chart…
Associated British Food share price.
Low-cost fashion store Primark drove the group’s 15% revenue increase in the retail department, the British conglomerate said, while food was up 18% year to date.
— Hannah Ward-Glenton
43 Mins Ago
European markets open tentatively higher
European markets opened marginally higher Monday in a potential bounce back following a downbeat week.
The pan-European Stoxx 600 index was up 0.1% at market open, with most sectors trading in tentatively positive territory. Oil and gas stocks led marginal gains with a 0.8% uptick, followed by travel and leisure and mining stocks, which each gained 0.4%. Banking stocks dropped 0.5%.
— Hannah Ward-Glenton
Fri, Jun 23 2023 2:14 PM EDT
Apple touches new all-time high, bucking the trend
Apple was higher Friday afternoon, managing to hit new all-time highs even as the major averages declined. Shares were last up by 0.1%.
— Sarah Min, Scott Schnipper
7 Hours Ago
Oil trades higher after aborted Russian mercenary revolt
2 Hours Ago
European markets: Here are the opening calls
European markets are set for a positive open, according to IG data. The FTSE 100 is expected to see an 8.4-point uptick to 7,467.2, and Germany’s DAX is seen gaining 44.5 points to 15,863.7. France’s CAC is expected to rise around 20.6 points to 7,177.4, while Italy’s MIB is seen hitting 27,356.7 with a 19.2-point jump.
— Hannah Ward-Glenton
