FTSE 100 Seen Flat as Fed Rate Fears Counterbalance China Covid Hopes
05 Diciembre 2022 - 2:24AM
Noticias Dow Jones
London Stocks Seen Opening Flat
0751 GMT - The FTSE 100 index is expected to open little
changed, according to IG, having closed on Friday at 7556.23, with
sentiment helped by China loosening some of its Covid-19
restrictions. However, the effects of Friday's
stronger-than-expected U.S. jobs report, which suggested that a
pause in U.S. interest-rate rises isn't yet in sight, still linger.
"Asian markets rose as China eased some Covid measures, helping to
offset the strong payrolls report on Friday that dented hopes of a
sustained cooling of the Fed's tightening policy," IG analysts say
in a note. Vodafone will be in focus after it announced its CEO
Nick Read will step down at the end of the year.
(jessica.fleetham@wsj.com)
Companies News:
Wentworth Resources Agrees to GBP61.7M Takeover by
Etablissements Maurel Et Prom
Wentworth Resources PLC said Monday that it has agreed to a 61.7
million pound ($75.9 million) cash takeover from Etablissements
Maurel et Prom S.A.
---
Avon Protection to Sell Lexington Facility Assets for 'Modest'
Sum
Avon Protection PLC said Monday that it is selling the assets of
its Lexington facility in the U.S. for "a modest cash
consideration" to advanced ceramics-materials manufacturer CoorsTek
Inc.
---
Keywords Studios to Buy Helpshift for Up to $75 Mln
Keywords Studios PLC said Monday that it has agreed to buy
Helpshift, Inc. for up to $75 million to expand its player support
and engagement capability.
---
Condor Gold Seeking to Raise up to GBP4.0 Mln via Open Offer
Condor Gold PLC said Monday that it is seeking to raise up to
4.0 million pounds ($4.9 million) via an open offer to
shareholders, as first flagged last week.
---
RBG Holdings Sees Adjusted Ebitda Behind Views After LionFish
Losses
RBG Holdings PLC said Monday that it now expects adjusted Ebitda
to be materially behind market consensus expectations for 2022
after losses at its litigation finance subsidiary LionFish.
---
A.G. Barr Buys Boost Drinks for Up to GBP32 Mln
A.G. Barr PLC said Monday that it has bought beverage group
Boost Drinks Holdings Ltd. for up to 32 million pounds ($39.3
million).
---
Equals Group Expects to Beat 2022 Market Views
Equals Group PLC on Monday said it expects its full-year result
to come ahead of current market expectations, boosted by an
increase in revenue.
---
National Express Appoints James Stamp as Permanent CFO
National Express Group PLC said Monday that it has appointed
James Stamp as group chief financial officer with immediate effect,
having held the role on an interim basis since Nov. 1.
Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
December 05, 2022 03:09 ET (08:09 GMT)
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