Good results from chemicals group ICI and an upbeat trading statement from Rentokil has given the FTSE 100 an early boost, with gains of 27.1 points, or 0.51%, to 5,385.7.
Tate and Lyle is currently one of the biggest movers this morning with a rise of 27p, or 5.73% to 498p. Rentokil is also high in the leader board with gains of 7.75p, or 5.17%, to 157.75p. After announcing results that beat forecasts, ICI is also riding high with an advance of 14.75p, or 5.02%, to 308.75p, to hit its highest level since July 2002. Elsewhere, Unilever has done little to impress investors as shares in the maker of Dove soap and Hellmann's mayonnaise have fallen 16.5p, or 2.84%, to 564p, after traders said they were disappointed by margins and volume growth at the group. ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
