.png)
The FTSE 100 index closed Tuesday on a two-week high, boosted by China’s stamp duty cut on share dealing and Wall Street’s calm reaction to the Federal Reserve chair Jerome Powell’s speech on Friday. "It all adds up to U.K. stocks returning from the August bank holiday with a lot more vim and vigor," AJ Bell investment director Russ Mould said. Housebuilders gain on the U.K. government’s decision to scrap EU water pollution rules, as Persimmon and Johnson Matthey were among the top risers, up 5.3% and 4.7% respectively. The index finished up 1.7% at 7,464.99 points. COMPANIES NEWS: Standard Chartered to Sell Aviation Finance Business for $700 Mln Standard Chartered agreed to sell its global aviation finance leasing business for an initial $700 million in cash to Aircraft Leasing Company, or AviLease. — Bunzl 1H Pretax Profit Rose; Lifts 2023 Views on Operating Profit Growth Bunzl raised its interim dividend and upgraded its full-year expectations after its first-half pretax profit rose, supported by operating profit growth. — 88 Energy to Raise Up to GBP4.5 Mln via Discounted Conditional Placing 88 Energy will raise up to 4.5 million pounds ($5.7 million) via a discounted conditional placing of up to […]
CamTrader offers a preview only. View original article. www.morningstar.com
