The FTSE 100 is down 5.88 points to 7,441,94 following a rare day of poor trading on Wall Street. The markets will be looking at Prime Minister Theresa May’s meeting with EU leaders in Brussels hoping that trade talks can begin.
In corporate news, FTSE 100 communications services company BT (BT.A) gains 1.4% to 277.73p as it announces a deal with Sky (SKY). The company has agreed a multi-year deal to market and sell Sky’s NOW TV service to BT TV customers.
Content management and translation software company SDL (SDL) slides 22.6% to 356p after issuing a profit warning. The company says although its sales pipeline is in line with expectations, the closure of software dals may not be done by its year end on 31 December. This will mean its adjusted EBITDA for the year will be below market expectations.
Online gaming company Gaming Realms (GMR:AIM) sparks up 4.8% to 7.73p after signing a deal with gambling company Jackpotjoy (JPJ). The 10 year deal is for the supply of real money services, including ‘Slingo Originals’ content. The company also has a separate agreement to host jackpothappy.com in its platform.
Broker and wealth manager WH Ireland (WHI:AIM) sheds 4.1% to 117.5p after issuing a profit warning. The company says that while revenue improved during the year, costs associated with transitioning to a new model and regulatory costs impacted profits.