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Pin to quick picksWPP Share News (WPP)

Share Price Information for WPP (WPP)

London Stock Exchange
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Share Price: 812.60
Bid: 814.00
Ask: 814.40
Change: 8.40 (1.04%)
Spread: 0.40 (0.049%)
Open: 804.20
High: 821.60
Low: 804.20
Prev. Close: 804.20
WPP Live PriceLast checked at -

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London pre-open: FTSE to jump after Scotland votes against independence

Fri, 19th Sep 2014 07:44

London-listed stocks are set to jump at Friday's opening bell following Scotland's decision to vote against independence.City sources predict the FTSE 100 will open around 70 points than Thursday's close of 6,819.29.Scotland has decided against leaving the UK as the pro-union campaign won the independence referendum by a comfortable margin, with 55% voting 'no' and 45% voting 'yes'.Edinburgh returned a resounding victory for those in favour of keeping Scotland in Britain, with 61% voting 'no', while 'no' won by a similar margin in Aberdeenshire, securing 60.4% of the votes and in Argyll and Bute, where it clinched 58.5% of the preferences.There were, however, notable successes for the pro-independence campaign, which succeeded in Glasgow by 53% to 47%, won 54% in West Dunbartonshire and landed a convincing 57% win in Dundee."European markets are waking up to a historic decision by Scotland to reject independence, bringing with it a guarantee of a stable UK and a reduction in the likeliness that Europe will see a raft of breakaway states form," said Alpari market analyst Joshua Mahony."This boost has returned the certainty to the markets for what is expected to be the strongest growing western economy in 2014, and because of this we are seeing European futures point towards a buoyant open."Meanwhile, US stocks ended Thursday's session on a positive note, thanks to renewed optimism generated by the less-aggressive-than-expected policy statement from the Federal Reserve on Wednesday, as well as the release of a mixed batch of data.Late on Thursday it was reported that Chinese electronic commerce giant Alibaba has set the price for its US initial public offering at $68 per share — at the top end of the expected range, with trading in the shares on the New York Stock Exchange expected to take place on Friday. The initial range for the stock´s price was between $60 and $66.Back in the UK, Advertising, media and communications giant WPP said its subsidiary Y&R Advertising has acquired Mongolian creative agency MCS Holding LLC. The agency will change its name to Y&R Mongolia and affiliate its business to WPP's global research consultancy TNS. WPP expects to raise its revenues by 45% in the next five years by investing in fast-growth markets and new media.Domino Printing has said that sales in the 10 months to the end of August were up 4% on last year, with underlying growth in the core business 9% higher.
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