FTSE 100 Set to Rise After US Gains; Asia Trades Mixed
0629 GMT - The FTSE 100 looks set to open 23 points higher at 7696, according to IG futures data, after a higher close on Wall Street Monday, though Asia trades mixed. Markets in Australia, Japan and South Korea rise, though stocks in mainland China and Hong Kong fall. The Dow closed Monday about 1% higher. Brent crude advances 0.4% to $85.30 a barrel. "In a holiday-shortened week, the main focus is set to remain very much on the Friday U.S. payrolls report, with market reaction having to wait until after Easter," CMC Markets analyst Michael Hewson writes. (philip.waller@wsj.com)
COMPANIES NEWS:
Light Science Technologies Raises GBP1.5 Mln for Product Development, Working Capital
Light Science Technologies Holdings PLC said Tuesday that it has conditionally raised 1.5 million pounds ($1.9 million) in a discounted placing, with the proceeds to be used for product development and intellectual-property protection in its CEA division, as well as for general working capital purposes.
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Ramsdens 1H Beat Expectations; Sees Higher FY 2023 Profit
Ramsdens Holdings PLC said Tuesday that its performance for the first half of fiscal 2023 was ahead of its expectations, and it sees full-year pretax profit rising on year.
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Red Rock Resources Raises GBP223,000 via Discounted Placing
Red Rock Resources PLC said Tuesday that First Equity Ltd. has raised 223,000 pounds ($276,899) for the company by placing 123.9 million new ordinary shares at a discounted price of 0.18 pence a share.
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Saga FY 2023 Pretax Loss Widened on Higher Impairments, Sees Lower Insurance Sales
Saga PLC said Tuesday that its fiscal 2023 pretax loss widened after booking higher asset impairment charges, and that it expects lower sales in its motor and home insurance business.
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Ascent Resources Settles Some JV Claims; Raises GBP400,000 in New Funding
Ascent Resources PLC said Tuesday that it has agreed to settle some claims against Slovenian joint-venture partners, and it has raised 400,000 pounds ($496,680) in new funding through a share issue.
Contact: London NewsPlus, Dow Jones Newswires;
(END) Dow Jones Newswires
04-04-23 0254ET
