FTSE 100 Tipped to Open Higher as Asia Gains on Evergrande News
October 22 2021 - 3:15AM
Dow Jones News
FTSE 100 Tipped to Open Higher After Asia Gains
0633 GMT - The FTSE 100 is expected to open 23 points higher at
7213, according to CMC Markets, after upbeat trading in Asia.
Stocks in mainland China, Hong Kong and Japan are all in positive
territory, though the Dow Jones closed flat Thursday. "As we look
towards today's European trading, we can expect to see a positive
open after reports in Asia that Evergrande would be paying the $83
million interest due on its US dollar bond," CMC analyst Michael
Hewson says. (philip.waller@wsj.com)
Companies News:
InterContinental Hotels 3Q Revenue Per Available Room 21% Below
Pre-Pandemic Levels
InterContinental Hotels Group PLC said Friday that its revenue
per available room increased 66% in the third quarter on year, but
that it was 21% below 2019 levels.
---
J Sainsbury Ends Talks to Sell Banking Arm
J Sainsbury PLC said Friday that it has ended talks to sell its
banking arm as it believes the business will deliver better value
for shareholders being kept within the group.
---
London Stock Exchange 3Q Total Income Rose
London Stock Exchange Group PLC said Friday that its performance
in the third quarter of 2021 was marked by income growth across all
its divisions.
---
JD Sports Acquires 80% Stake in Greek Retailer Cosmos Sport
JD Sports Fashion PLC said Friday that it has acquired 80% of
Cosmos Sport SA, a Greek retailer.
---
Hummingbird Resources Sees 2021 Production at Lower End of
Guidance Range, Costs at Higher End
Hummingbird Resources PLC said Friday that its full-year
production will be at the lower end of the guidance range, whereas
costs will be at the upper end.
---
Starcom PLC Raises GBP450,000 via Premium Share Subscription
Starcom PLC said Friday that it has raised 450,000 pounds
($620,730) via a premium share subscription and will use the money
towards its new business pipeline as well as for potential new
contracts.
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones
Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
October 22, 2021 03:00 ET (07:00 GMT)
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