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Pin to quick picksFresnillo Share News (FRES)

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LONDON MARKET OPEN: UK job market falters; miners climb on China data

Tue, 18th Apr 2023 09:02

(Alliance News) - Stock prices in London opened higher on Tuesday, after China saw a stronger-than-expected economic rebound at the start of 2023, while data pointed to a softening in the UK labour market.

The FTSE 100 index opened up 20.03 points, 0.3%, at 7,899.54. The FTSE 250 was up 20.98 points, 0.1%, at 19,307.88, and the AIM All-Share was down 0.28 of a point at 833.09.

The Cboe UK 100 was up 0.2% at 790.44, the Cboe UK 250 was up 0.1% at 16,930.64, and the Cboe Small Companies was down 0.1% at 13,241.49.

In European equities, the CAC 40 in Paris and the DAX 40 in Frankfurt were both up 0.3%.

According to the Office for National Statistics, the UK jobless rate was 3.8% in the three months to February. This was higher than FXStreet-cited market consensus, which had expected the reading to remain unchanged from 3.7% in the three months to January.

Vacancies fell by 47,000 on the quarter to 1.1 million in the period from January to March.

In the three months to February, annual growth in average total pay, including bonuses, was 5.9%, unchanged from the upwardly revised figure in the three months to January. However, it was higher than the market consensus of 5.1%.

Excluding bonuses, average earnings rose 6.6%, also unchanged from the upwardly revised figure last month, and higher than the consensus of 6.2%.

Both paces still trail UK consumer price inflation, which stood at 10.4% in February.

"This is likely to be music to the ears of Bank of England policymakers, who want to see evidence that the tight labour market is easing, before taking the pedal off rate hikes," said Hargreaves Lansdown's Susannah Streeter,

"The numbers don't make for great reading for workers," she added.

However, Oanda's Craig Erlam said the BoE is likely to be "frustrated" at the lack of progress on wage inflation. "But if the move higher in unemployment is sustained, the additional slack in the labour market may give them confidence that they will come down"

The pound was stronger, as the dollar softened early exchanges in Europe.

Sterling was quoted at USD1.2418 early Tuesday, higher than USD1.2364 at the London equities close on Monday. The euro traded at USD1.0955, higher than USD1.0919. Against the yen, the dollar was quoted at JPY134.36, down versus JPY134.49.

The market focus for the morning was stronger-than-expected Chinese economic data.

China's economy grew 4.5% year-on-year in the first quarter, ahead of FXStreet-cited market consensus of 4.0%, rebounding after the end of zero-Covid measures late last year, according to data published by the National Bureau of Statistics. In the previous quarter, annual growth was just 2.4%.

The figures were the first snapshot since 2019 of a Chinese economy – the world's second-largest – unencumbered by the strict health measures that helped keep the coronavirus in check but battered businesses and supply chains.

China's retail sales, the main indicator of household consumption, were up 11% year-on-year in March, the biggest bounce since June 2021, accelerating from a 3.5% increase in February. It was higher than FXStreet-cited consensus of 7.4%.

"The data on Tuesday also highlights how uneven the recovery has been. The consumer has been doing a lot of the heavy lifting and it was this outperformance in March...that enabled the large beat in the GDP data," said Oanda's Erlam.

Industrial production in March climbed 3.9% year-on-year, slightly below consensus of 4.0%, but faster than 2.4% in the previous month.

Despite the largely positive Chinese economic data, equities trading in Asia was mixed on Tuesday. In Tokyo, the Nikkei 225 index closed up 0.5%. In China, the Shanghai Composite added 0.2%, while the Hang Seng index in Hong Kong was down 1.0%. The S&P/ASX 200 in Sydney closed down 0.3%.

The prospect of a strong Chinese economy gave a boost to London's big mining stocks, with Antofagasta and Fresnillo up 2.0% and 1.9%, respectively.

Anglo American rose 1.5%, as it announced it has secured environmental approval for the Los Bronces project in Chile, setting up the next phase of development for one of the world's largest copper mines.

This project is an expansion of the open pit within the operating site of the Los Bronces copper mine in central Chile. It is targeting higher-grade ore from a new underground section of the mine.

Following the environmental permit approval, Anglo American said it will continue to progress the project through its pre-feasibility stages towards submission for approval by its board in due course.

Gold was quoted at USD1,999.76 an ounce early Tuesday in London, higher than USD1,990.71 late Monday. Brent oil was trading at USD85.20 a barrel, up from USD84.99.

Elsewhere in the FTSE 100, Entain was up 2.2%.

The Ladbrokes betting shops owner welcomed a "strong start" to 2023. Total group net gaming revenue, excluding the US, rose 15% year-on-year.

Entain said total online revenue rose 16%, with gaming up 25% and sports betting rising 8%. Retail rose 14%. Including revenue from its US joint venture BetMGM, total net gaming revenue rose 22%, Entain said. BetMGM revenue was up 94% to around USD470 million in the quarter, in line with the guidance of USD1.8 billion to USD2.0 billion for all of 2023.

"We are delivering both financially and strategically, with a record number of active customers enjoying our products, and we are executing on growth opportunities to further diversify and expand across regulated markets," said CEO Jette Nygaard-Andersen.

In London's midcap index, Mitie Group jumped 10%, as it announced a new GBP50 million share buyback.

For the year ended March 31, the facilities manager raised annual pre-exceptional operating profit guidance to at least GBP155 million from previous guidance of at least GBP145 million. Revenue is expected to be "slightly above" the GBP4.00 billion in the prior year.

"We are entering the new financial year with a strong order book and a healthy pipeline," Mitie said.

Budget airline carrier easyJet added 2.8%.

It expects loss before tax to have narrowed to around GBP415 million from GBP545 million a year before, as revenue climbed 80% to GBP2.69 billion from GBP1.50 billion. Load factor, passenger numbers and seats flown continued to improve during the second quarter.

easyJet noted "strong booking momentum" heading into the summer, with consumers prioritising travel spending and opting for the "best value and destination mix".

Elsewhere, THG shares were down 7.3%, returning some of the 32% gained on Monday on confirmation of a buyout proposal from Apollo Global.

The e-commerce retailer on Tuesday said revenue edged up 2.7% to GBP2.24 billion in 2022 from GBP2.18 billion in 2021, but pretax loss ballooned to GBP549.7 million from GBP186.3 million. Adjusted Ebitda of GBP64.1 million was in line with guidance but more than halved from GBP161.3 million the year before.

In the first quarter of 2023, revenue from continuing operations fell 5.6% to GBP457.4 million, with total revenue down 8.6% to GBP469.4 million.

"Whilst sales growth was negative during the period this was largely as planned, as a result of prioritising higher margin sales," THG said. It provided no update on the Apollo takeover proposal.

New York ended in the green on Monday after a see-saw session, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all closing up 0.3%.

"Investors remain on guard ahead of a flurry of earnings results expected across the economy this week," noted Stephen Innes, SPI Asset Management.

In the US on Tuesday, there will be results from Goldman Sachs and Bank of America. Away from the banking sector, pharmaceutical and consumer goods firm Johnson & Johnson and streaming service Netflix release quarterly earnings.

Still to come on Tuesday's economic calendar, there's the latest German ZEW economic sentiment reading at 1000 BST.

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
26 Jul 2023 08:56

Fresnillo confirms full-year guidance on solid quarterly production

(Alliance News) - Fresnillo PLC on Wednesday firmed its full-year guidance, after recording higher silver production and increased production levels overall during the first half.

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26 Jul 2023 07:41

Fresnillo maintains guidance after second-quarter silver surge

(Sharecast News) - Fresnillo reported significant increases in silver production in the second quarter and the first half on Wednesday, driven by the ramp-up of the Juanicipio project, while gold production faced challenges amid operational issues at some of its mines.

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25 Jul 2023 15:46

UK earnings, trading statements calendar - next 7 days

Wednesday 26 July 
Aptitude Software Group PLCHalf Year Results
Aston Martin Lagonda Global Holdings PLCHalf Year Results
Breedon Group PLCHalf Year Results
British American Tobacco PLCHalf Year Results
Centamin PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
CyanConnode Holdings PLCFull Year Results
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
FDM Group PLCHalf Year Results
FRP Advisory Group PLCFull Year Results
Gresham Technologies PLCHalf Year Results
GSK PLCHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Rathbones Group PLCHalf Year Results
Reckitt Benckiser Group PLCHalf Year Results
Revolution Bars Group PLCTrading Statement
Rio Tinto PLCHalf Year Results
Science Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
Thursday 27 July 
Allianz Technology Trust PLCHalf Year Results
Airtel Africa PLCQ1 Results
Anglo American PLCHalf Year Results
Antofagasta PLCHalf Year Results
Beazley PLCTrading Statement
Capital & Regional PLCHalf Year Results
Card Factory PLCTrading Statement
Centrica PLCHalf Year Results
Checkit PLCTrading Statement
Drax Group PLCHalf Year Results
Deliveroo PLCHalf Year Results
Derwent London PLCHalf Year Results
DP Eurasia NVTrading Statement
Entain PLCHalf Year Results
Greencoat UK Wind PLCHalf Year Results
Global Connectivity PLCHalf Year Results
Hostelworld Group PLCHalf Year Results
HydrogenOne Capital Growth PLCTrading Statement
Lancashire Holdings LtdHalf Year Results
Mitchells & Butlers PLCTrading Statement
OSB Group PLCHalf Year Results
Persimmon PLCHalf Year Results
Redcentric PLCFull Year Results
RELX PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
S&U PLCTrading Statement
Sage Group PLCTrading Statement
Savills PLCHalf Year Results
Secure Trust Bank PLCHalf Year Results
SEGRO PLCHalf Year Results
Spirax-Sarco Engineering PLCHalf Year Results
Videndum PLCHalf Year Results
Wheaton Precious Metals CorpHalf Year Results
Friday 28 July 
AIB Group PLCHalf Year Results
GCP Infrastructure Investments LtdTrading Statement
International Consolidated Airlines Group SAHalf Year Results
Intertek Group PLCHalf Year Results
Jardine Matheson Holdings LtdHalf Year Results
NatWest Group PLCHalf Year Results
PayPoint PLCFull Year Results
PayPoint PLCTrading Statement
Standard Chartered PLCHalf Year Results
YouGov PLCTrading Statement
Monday 31 July 
Bank of Ireland Group PLCHalf Year Results
GlobalData PLCHalf Year Results
Hutchmed (China) LtdHalf Year Results
Pearson PLCHalf Year Results
Pod Point Group Holdings PLCHalf Year Results
Quartix Technologies PLCHalf Year Results
Ricardo PLCTrading Statement
Senior PLCHalf Year Results
Spectris PLCHalf Year Results
Tuesday 1 August 
BP PLCHalf Year Results
Coats Group PLCHalf Year Results
Diageo PLCFull Year Results
Domino's Pizza Group PLCHalf Year Results
Filtronic PLCFull Year Results
Fresnillo PLCHalf Year Results
Greggs PLCHalf Year Results
HSBC Holdings PLCHalf Year Results
International Personal Finance PLCHalf Year Results
Keller Group PLCHalf Year Results
Man Group PLCHalf Year Results
Metro Bank PLCHalf Year Results
NWF Group PLCFull Year Results
Robert Walters PLCHalf Year Results
Staffline Group PLCHalf Year Results
System1 Group PLCFull Year Results
Travis Perkins PLCHalf Year Results
Virgin Wines UK PLCTrading Statement
Weir Group PLCHalf Year Results
XP Power LtdHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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19 Jul 2023 14:35

UK earnings, trading statements calendar - next 7 days

Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Foods PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
Friday 21 July 
Close Brothers PLCTrading Statement
Glencore PLCTrading Statement
Petershill Partners PLCTrading Statement
Thruvision Group PLCFull Year Results
Monday 24 July 
discoverIE Group PLCTrading Statement
Cranswick PLCTrading Statement
Glantus Holdings PLCTrading Statement
MoneySupermarket.com PLCHalf Year Results
Ryanair Holdings PLCQ1 Results
Science Group PLCHalf Year Results
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 25 July 
City of London Investment Group PLCTrading Statement
Compass Group PLCTrading Statement
Croda International PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Greencore Group PLCTrading Statement
Hummingbird Resources PLCTrading Statement
MITIE Group PLCTrading Statement
Paragon Banking Group PLCTrading Statement
Reach PLCHalf Year Results
Smart Metering Systems PLCTrading Statement
Tristel PLCTrading Statement
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Unite Group PLCHalf Year Results
Wednesday 26 July 
Aptitude Software Group PLCHalf Year Results
Breedon Group PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
FRP Advisory Group PLCFull Year Results
Gresham Technologies PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Rathbones Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Science Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
12 Jul 2023 17:04

LONDON MARKET CLOSE: FTSE 100 soars as US inflation ebbs in June

(Alliance News) - Stock prices in London closed sharply higher on Wednesday, as US inflation cooled more than expected in June, boosting investor confidence.

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11 Jul 2023 17:09

LONDON MARKET CLOSE: Pay data lifts pound; China cheer boosts stocks

(Alliance News) - Stock prices in London closed largely higher on Tuesday, despite the FTSE 100 spending most of the day in the red, weighed down by a UK jobs data-boosted pound.

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11 Jul 2023 08:56

LONDON MARKET OPEN: FTSE 100 lower as pound strengthens; miners rise

(Alliance News) - Stock prices in London opened mixed on Tuesday, as investors digested conflicting UK unemployment data.

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10 Jul 2023 09:27

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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7 Jul 2023 09:31

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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5 Jun 2023 09:00

LONDON MARKET OPEN: Shell and BP rise after Opec+ cuts oil output

(Alliance News) - Stock prices in London made a strong start on Monday, as announced cuts in oil production supported the price of Brent crude and the shares of oil majors

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19 May 2023 15:50

UK dividends calendar - next 7 days

Monday 22 May 
HgCapital Trust PLCdividend payment date
Quilter PLCdividend payment date
Savills PLCdividend payment date
Savills PLCspecial dividend payment date
Tuesday 23 May 
abrdn Asian Income Fund Ltddividend payment date
Bridgepoint Group PLCdividend payment date
Central Asia Metals PLCdividend payment date
Lloyds Banking Group PLCdividend payment date
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TP ICAP Group PLCdividend payment date
Wednesday 24 May 
Genuit Group PLCdividend payment date
Harbour Energy PLCdividend payment date
JPMorgan Asia Growth & Income PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
Reckitt Benckiser Group PLCdividend payment date
Softcat PLCdividend payment date
Thursday 25 May 
abrdn Asia Focus PLCex-dividend payment date
abrdn Equity Income Trust PLCex-dividend payment date
Alfa Financial Software Holdings PLCex-dividend payment date
Andrews Sykes Group PLCex-dividend payment date
Aptitude Software Group PLCex-dividend payment date
Atlantis Japan Growth Fund Ltdex-dividend payment date
Bellway PLCex-dividend payment date
Britvic PLCex-dividend payment date
Burford Capital Ltdex-dividend payment date
Cardiff Property PLCex-dividend payment date
Coats Group PLCdividend payment date
Coca-Cola Europacific Partners PLCdividend payment date
ConvaTec Group PLCdividend payment date
DCC PLCex-dividend payment date
DFS Furniture PLCdividend payment date
Diploma PLCex-dividend payment date
Diversified Energy Co PLCex-dividend payment date
Grainger PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
Intertek Group PLCex-dividend payment date
IP Group PLCex-dividend payment date
ITV PLCdividend payment date
Kingfisher PLCex-dividend payment date
LMS Capital PLCex-dividend payment date
Secure Trust Bank PLCdividend payment date
Spire Healthcare Group PLCex-dividend payment date
TI Fluid Systems PLCex-dividend payment date
Tritax EuroBox PLCex-dividend payment date
Victrex PLCex-dividend payment date
Whitbread PLCex-dividend payment date
Friday 26 May 
Alternative Income REIT PLCdividend payment date
Atrato Onsite Energy PLCdividend payment date
Axiom European Financial Debt Fund Ltddividend payment date
Centaur Media PLCdividend payment date
Chesnara PLCdividend payment date
Clarkson PLCdividend payment date
CQS Natural Resources Growth & Income PLCdividend payment date
CQS New City High Yield Fund Ltddividend payment date
Croda International PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Fresnillo PLCdividend payment date
Greencoat UK Wind PLCdividend payment date
Greggs PLCdividend payment date
Gresham House PLCdividend payment date
Gresham Technologies PLCdividend payment date
Harworth Group PLCdividend payment date
Henderson Far East Income Ltddividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
Merchants Trust PLCdividend payment date
PRS REIT PLCdividend payment date
Rightmove PLCdividend payment date
Robert Walters PLCdividend payment date
Senior PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
Supermarket Income REIT PLCdividend payment date
Target Healthcare REIT PLCdividend payment date
TT Electronics PLCdividend payment date
Tyman PLCdividend payment date
Unite Group PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 May 2023 15:53

UK shareholder meetings calendar - next 7 days

Wednesday 17 May 
Alpha Group International PLCAGM
Aptitude Software Group PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Baillie Gifford Shin Nippon PLCAGM
Cenkos Securities PLCGM re all-share merger between Cenkos and finnCap
Coats Group PLCAGM
Coca-Cola HBC AGAGM
Computacenter PLCAGM
Conduit Holdings LtdAGM
EKF Diagnostics Holdings PLCAGM
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Gamma Communications PLCAGM
Georgia Capital PLCAGM
Greggs PLCAGM
HgCapital Trust PLCAGM
Highcroft Investments PLCAGM
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LMS Capital PLCAGM
Mpac Group PLCAGM
Savills PLCAGM
Tortilla Mexican Grill PLCAGM
TP ICAP Group PLCAGM
WPP PLCAGM
Thursday 18 May 
Ascential PLCAGM
Asimilar Group PLCAGM
Belvoir Group PLCAGM
Bridgepoint Group PLCAGM
Capital LtdAGM
Central Asia Metals PLCAGM
Ceres Power Holdings PLCAGM
ConvaTec Group PLCAGM
Diaceutics PLCAGM
Digital 9 Infrastructure PLCAGM
Energean PLCAGM
European Assets Trust PLCAGM
Fintel PLCAGM
Genuit Group PLCAGM
Inchcape PLCAGM
Invesco Asia Trust PLCAGM
JPMorgan American Investment Trust PLCAGM
Legal & General Group PLCAGM
Lloyds Banking Group PLCAGM
Merchants Trust PLCAGM
Michelmersh Brick Holdings PLCAGM
musicMagpie PLCAGM
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Network International Holdings PLCAGM
NIOX Group PLCAGM
PensionBee Group PLCAGM
Public Policy Holding Co IncAGM
Quilter PLCAGM
Riverstone Energy LtdAGM
Safestyle UK PLCAGM
Science Group PLCAGM
Secure Trust Bank PLCAGM
Smart Metering Systems PLCAGM
Somero Enterprises IncAGM
St James's Place PLCAGM
Tyman PLCAGM
Unite Group PLCAGM
Vesuvius PLCAGM
Vistry Group PLCAGM
Yu Group PLCAGM
Friday 19 May 
Bank of Georgia Group PLCAGM
Permanent TSB Group Holdings PLCAGM
Sancus Lending Group LtdAGM
Monday 22 May 
Blackrock Latin American Investment Trust PLCAGM
Crossword Cybersecurity PLCAGM
Judges Scientific PLCAGM
Stelrad Group PLCAGM
Venture Life Group PLCAGM
Tuesday 23 May 
888 Holdings PLCAGM
Access Intelligence PLCAGM
Arix Bioscience PLCAGM
Bank of Ireland Group PLCAGM
Big Technologies PLCAGM
Bigblu Broadband PLCAGM
Centamin PLCAGM
CT Private Equity Trust PLCAGM
Empresaria Group PLCAGM
Epwin Group PLCAGM
Forterra PLCAGM
Fresnillo PLCAGM
Fulcrum Utility Services LtdGM re issue of conversion shares
Gresham Technologies PLCAGM
Harworth Group PLCAGM
Hilton Food Group PLCAGM
hVIVO PLCAGM
HydrogenOne Capital Growth PLCAGM
IQ-AI LtdAGM
JTC PLCAGM
K3 Business Technology Group PLCAGM
Pebble Group PLCAGM
Portmeirion Group PLCAGM
PPHE Hotel Group LtdAGM
Restaurant Group PLCAGM
Shell PLCAGM
Sherborne Investors (Guernsey) C LtdAGM
TMT Investments PLCAGM
Triple Point Income VCT PLCAGM
Triple Point Social Housing REIT PLCAGM
Trustpilot Group PLCAGM
Twentyfour Income Fund LtdAGM
Wickes Group PLCAGM
Xeros Technology Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 May 2023 09:30

Fresnillo says Herradura mine operations temporarily blocked by strike

(Alliance News) - Fresnillo PLC on Monday said operations at the Herradura mine in Mexico were temporarily halted by an illegal stoppage from a "very small group" of unionised workers at its wholly-owned subsidiary, Minera Penmont.

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9 May 2023 09:07

IN BRIEF: Fresnillo operations unaffected by Mexico mining law reforms

Fresnillo PLC - London-based precious metals group operating in Mexico - says reform to Mexico's federal mining law will have no material impact on current operations or advance exploration projects. Says company has all necessary concessions in place to permit ongoing operations. No significant adverse impact expected for deposit of tailings or industrial residues. Says parts of law may require additional clarification from regulator, and will continue engaging with relevant stakeholders to ensure all legal requirements are met. Fresnillo will continue to review any potential aspects of the new law which may merit legal analysis.

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9 May 2023 08:00

LONDON BRIEFING: Stocks called higher; UK house prices slip in April

(Alliance News) - Stocks in London are expected to open higher on Tuesday, as financial markets reopen after the long weekend and after a mixed day of trading over in Asia.

Read more

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