FTSE 100 Seen Sharply Lower as Coronavirus Uncertainty Continues

12/02/2021 | 03:11am

FTSE 100 Tipped to Fall Amid Coronavirus Uncertainty

0732 GMT - The FTSE 100 is expected to open 70 points lower at 7,098, according to CMC Markets, after mixed trading in Asia and a lower close on Wall Street. Markets in mainland China and Japan fall, though stocks in Hong Kong are higher, as uncertainty about coronavirus variants continues to weigh on sentiment. "While stock markets continue to fluctuate between hope and fear, bond markets are also chopping around in anticipation of what the Federal Reserve's next move on monetary policy might be," CMC analyst Michael Hewson says. "Against this backdrop, it is then perhaps not surprising that we're set to see a negative European open later this morning." (philip.waller@wsj.com)

Companies News: 

Halfords to Raise Up to GBP64 Mln for Axle Group Acquisition

Halfords Group PLC said Wednesday that it intends to launch a share placing to raise up to around 64 million pounds ($85.1 million) to fund the acquisition of Axle Group Holdings Ltd, as well as maintain balance sheet flexibility.


Aston Martin CFO Kenneth Gregor to Step Down for Personal Reasons

Aston Martin Lagonda Global Holdings PLC said Thursday that Chief Financial Officer Kenneth Gregor will step down from the role and as a director by the end of June for personal reasons.


Serco Group Expects 2022 Revenue to Be Lower Than 2021; Backs 2021 Guidance

Serco Group PLC said Thursday that it expects revenue for 2022 to be around 6% lower than the 4.4 billion pounds ($5.84 billion) expected for 2021, and backed its guidance for 2021.


Seeen PLC 3Q Revenue Rose 8%

Seeen PLC said Thursday that its revenue grew 8% in the third quarter of 2021, and that adjusted pretax profit remains in line with expectations.


Ryanair November Traffic Fell on Month to 10.2 Mln

Ryanair Holdings PLC on Thursday reported lower guests for November compared with the previous month, although the load factor was higher.


Wizz Air November Passenger Numbers Rose on Year

Wizz Air Holdings PLC said Thursday that it carried more passengers in November than in the same month a year earlier.


Eckoh 1H Pretax Profit, Revenue Fell

Eckoh PLC said Thursday that pretax profit fell in the first half of fiscal 2022 as revenue declined, and it expects full-year profit to match fiscal 2021, assuming there are no further lockdowns in its markets.


Tharisa FY 2021 Profit Doubled on Higher Prices, Production

Tharisa PLC on Thursday reported that its profit more than doubled in the year ended Sept. 30, reflecting higher prices and production.

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

(END) Dow Jones Newswires

12-02-21 0310ET

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