159.60p+4.30 (+2.77%)16 Aug 2022, 17:53
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Market report: ASOS and Ocado enjoy contrasting fortunes, Ferrexpo slides on results delay

The markets seem to be taking the latest Brexit chaos in their stride, familiarity breeding contempt perhaps, with sterling settling after yesterday’s volatility and the FTSE 100 advancing 0.4% to 7,329.01. Online grocery retailer Ocado (OCDO) gains 2.9%, despite confirming that a fire at its Andover robotic warehouse in Hampshire last month had slowed revenue growth to 11.2% in its fiscal ...

Market report: IT firm Softcat storms past forecasts, TP ICAP slumps on warning, Ocado losses hit £9m

UK computer services and software reseller Softcat (SCT) is among the biggest risers across the FTSE All Share index in early trade on Tuesday after telling investors it will beat current forecasts. The FTSE 250 firm said its full year adjusted operating profit would be well ahead of its prior expectations, helped by favourable market conditions. Shares in the near-£1.5bn business are running ...
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