FTSE 100 Poised to Rise After Upbeat Asia, US Trading
0733 GMT - The FTSE 100 Index looks set to open 21 points higher at 7815, according to IG futures data, after mostly upbeat Asia trading and a positive close on Wall Street. Markets in Australia, mainland China and Hong Kong rise, though Japanese stocks drop. The Dow closed Thursday 0.6% higher. Brent crude retreats 0.2% to $83.84 a barrel. U.S. December CPI inflation data suggested underlying price pressures could be starting to moderate, Danske Bank says. "While we've previously been calling for a 50 basis-point hike in the February meeting, 25bp seems like the clear base case for now," Danske analysts write. "We continue to think easing financial conditions, less negative growth outlook and economic recovery in China create persistent inflation risks." (philip.waller@wsj.com)
Companies News:
Global Ports Holding Reviewing Capital, Financing Structure
Global Ports Holding PLC said Friday that is reviewing the company's capital and financing structure in light of the "significant and exciting opportunities in its cruise business."
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Premier Miton Group Assets Under Management Rose in 1Q
Premier Miton Group PLC said Friday that its assets under management rose in the first quarter of fiscal 2023.
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Taylor Wimpey 2022 Operating Profit Met Views but Sales Rate Fell
Taylor Wimpey PLC said Friday that its 2022 performance met its expectations with higher operating profit, despite lower completions and a lower sales rate on-year.
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Appreciate Group 3Q Revenue Rose, Outlook Remains In Line With Its Views
Appreciate Group PLC on Friday said its third-quarter revenue reflected normal seasonality trends and that its outlook remains aligned with its expectations.
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Card Factory Appoints Matthias Seeger as CFO
Card Factory PLC said Friday that it has appointed Matthias Seeger as chief financial officer with effect expected from May 22.
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888 Holdings 2022 Revenue, Earnings Were In Line; CFO to Leave
888 Holdings PLC said Friday that 2022 revenue and adjusted earnings before interest, taxes, depreciation and amortization were in line with expectations and that Chief Financial Officer and Executive Director Yariv Dafna has agreed to step down.
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M.J. Gleeson 1H Homes Sold Slipped 4%, Order Book Fell
M.J. Gleeson PLC said Friday that the number of homes it sold slipped slightly on year in the first half of fiscal 2023 though selling prices remained stable, and its order book fell.
Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
01-13-23 0251ET
