The FTSE has extended yesterday's gains, adding 0.2% in early trading, as strong corporate earnings and upbeat economic data continue to power the index.
London's leading share index opened 0.21%, or 12 points, higher at 6,034 as yesterday's rally - which saw it break through the 6,000 mark- looks set to continue. Leading the upward charge is TUI Travel, up 1.7%, whilst chip-maker ARM Holdings has edged up 1.6% on the back of solid earnings from the US technology sector. Eurasian Natural Resources and temporary power company Aggreko are also early winners, both advancing over 1%. London's bright start is mirrored across Europe, with Germany's Dax up 0.6% and France's Cac 40 up 0.4%. Meanwhile, Asian stock markets were also higher...
To continue reading this article...
Join Professional Adviser for free
- 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