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FTSE 100 rallies early on as Moderna vaccine roll-out inspires renewed reopening optimism

The UK’s major stocks started strongly on Wednesday as the nation starts its Moderna vaccine rollout, the third approved for Brits, reigniting reopening optimism among investors. With the UK’s lockdown set for another round of easing next Monday, businesses are gearing up for a resumption of trading that saw a flash PMI reading surge last month. Later today investors will get an idea of the ...

FTSE firms on virus slowdown hopes, embattled Cineworld rallies, Homeserve sees strong growth

London’s FTSE 100 made substantial gains in early trading on Tuesday, bid up 165.73 points or 2.97% to 5,748.12 amid continued hopes that the spread of coronavirus may be levelling out in major hotspots in Europe and the US. Embattled Cineworld (CINE) rallied 17.3% to 46.45p after the cinema operator suspended dividends in a bid to strengthen liquidity, having shuttered all its cinemas ...

Market report: Galliford Try gallops ahead, JD Sports jumps on record results

London’s FTSE 100 shed 20.1 points to trade at 7,215.7 early on Tuesday. Markets were mixed as Chinese shares slipped on the back of weak producer price data and investors lost their appetite for the pharma, tobacco and utilities sectors. On the currency markets, the pound eased back against the dollar, falling 0.16% to $1.236. In corporate news, Galliford Try (GFRD) galloped 15.6% higher to ...
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