FTSE 100 Set to Open Flat After Downbeat Asia Trading

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FTSE 100 Set to Open Flat After Downbeat Asia Trading

0635 GMT – The FTSE 100 Index looks set to open broadly flat at around 7029, according to IG data after downbeat trading in Asia. Stocks in Hong Kong and Japan are down 2% and 1%, respectively, with Chinese markets closed. “Asian equities kicked off the week on a mixed note,” Swissquote analyst Ipek Ozkardeskaya says. “Hang Seng stocks slipped more than 2% as trading on China’s Evergrande Group and its property services were halted in Hong Kong following a report revealing that the company agreed to sell a controlling stake in the unit to raise much-needed cash,” Ozkardeskaya says. (philip.waller@wsj.com)

Companies News: 

Compass Group CFO Karen Witts to Step Down; Palmer Brown Named as Successor

Compass Group PLC said Monday that Chief Financial Officer Karen Witts is stepping down from her role on Oct. 31 and that it has appointed Palmer Brown to replace her.

finnCap Sees 1H Revenue Growth of 55%

finnCap Group PLC said Monday that it expects to report 55% revenue growth for the first half of the fiscal year.

FirstGroup Acquires Remaining 50% SPS Shareholding for GBP8.4 Mln

FirstGroup PLC said on Monday that its subsidiary First South West Ltd. has acquired the remaining 50% shareholding in its Somerset Passenger Solutions Ltd. joint venture for 8.4 million pounds ($11.4 million).

Plus500 Says 2021 Revenue, Ebitda Will Beat Current Expectations

Plus500 Ltd. said Monday that it expects 2021 revenue and earnings before interest, taxes, depreciation and amortization to be ahead of current consensus forecasts.

Fletcher King to Raise GBP547,276 via Share Placing With Elliott Bernerd

Fletcher King PLC said Monday that it plans to raise 547,276 pounds ($741,340) via a premium share placing with CM Strategic 613 Ltd., an investment vehicle owned by Elliott Bernerd, and will use the money to fund organic growth.


Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com

(END) Dow Jones Newswires

October 04, 2021 02:58 ET (06:58 GMT)

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