FTSE 100 Seen Opening Higher After Losses in Previous Session

FTSE 100 Seen Opening Higher After Losses in Previous Session

0732 GMT - The FTSE 100 is expected to open higher following declines in the previous session as sterling falls after U.K. retail sales data trailed expectations. IG futures data show the London index of blue-chip stocks rising 43 points at the open. "As we look ahead to today's European open, we look set for a modest rebound after the steep losses of yesterday, however it's hard to see how we won't give back some of this year's gains, after surging out of the blocks in the first two weeks of this year," CMC Markets analyst Michael Hewson writes. Data on Friday showed U.K. retail sales fell 1.0% on month in December, versus expectations for 0.3% growth in a WSJ survey of economists. ([e-mail])

 
Companies News: 

UnitedHealth's EMIS Group Acquisition Faces UK Competition Probe

The U.K. Competition and Markets Authority will investigate the acquisition of EMIS Group PLC by UnitedHealth Group Inc., it said Friday.

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SSE Raises FY 2023 Adjusted EPS Guidance to More than 150p

SSE PLC said Friday that it has raised fiscal 2023 adjusted earnings per share expectations to more than 150 pence ($1.86) from at least 120 pence, reflecting the strength of its business mix and certainty from strong operational performance.

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Spirent Sees 2022 Revenue Growth, Adjusted Operating Profit Ahead of Market Views

Spirent Communications PLC said Friday that it expects its 2022 results to meet expectations, with full-year revenue growth and an adjusted operating profit slightly ahead of market views.

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(END) Dow Jones Newswires

01-20-23 0249ET