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Associated British Foods PLC Shares News & Articles

Associated British Foods’ shares soften despite record Primark sales and surprise dividend return

Shares in Primark owner Associated British Foods (ABF) cheapened 2.2% to £24.07 on Tuesday despite the fashion-to-foods conglomerate surprising investors with a return to the dividend list and flagging record sales for its discount fashion chain over the past week. While Primark enjoyed a stunning reopening last week, Associated British Foods ‘continues to expect the profit for Primark to ...

FTSE finishes lower following weak Wall Street open, GameStop builds on stunning gains

London’s FTSE 100 closed down 0.1% at 6,651.96 on Thursday, giving up earlier gains as a weak open on Wall Street unnerved investors. The S&P 500 was trading 0.9% lower at 3,889.41 as at 4.30pm UK time as strong durable goods orders helped stoke inflation fears. There was also some renewed signs of the Reddit-inspired volatility from January as the heavily shorted Texan computer games ...

Volatile FTSE 100 reverses at lunchtime, Lloyds latest bank to resume dividends

The FTSE 100 was enduring a bumpy ride on Wednesday, reversing morning declines to post modest gains at lunchtime. Fears of a return of meaningful inflation pushing interest rates higher and the strong pound hitting exporters acting as a drag during the early session wore thin as optimism gathered on hopes that tourists may be able to head off on holidays if the lockdown restrictions are eased ...
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