Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

FTSE 100 bounces back, Experian's outlook helps main board

Published 11/12/2019, 04:25 PM
Updated 11/12/2019, 04:32 PM
FTSE 100 bounces back, Experian's outlook helps main board
UK100
-
AVV
-
FTMC
-
EXPN
-
BMEB
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 up 0.4%, FTSE 250 up 0.1%
* Data provider Experian tops main index
* Discounter B&M weighs on midcap

Nov 12 (Reuters) - UK blue-chip stocks edged higher on
Tuesday, attempting to recover after being hit by escalating
Hong Kong tensions and downbeat trade rhetoric in the previous
session, while credit data firm Experian boosted the main board
after it upgraded its revenue target.
The FTSE 100 .FTSE was up 0.4% as at 0805 GMT, and the
midcap index .FTMC rose 0.1%, a day after Brexit Party leader
Nigel Farage gave Tories a massive boost by saying he would not
contest in the Dec. 12 election.
Among blue-chips, Experian EXPN.L climbed nearly 3% after
it upgraded organic revenue growth target on the back of strong
business in its main North American market, while industrial
software company AVEVA AVV.L added 2.7% after upbeat results.
Discounter B&M European Value Retail BMEB.L weighed on the
midcap index with a 10% drop, after it said it was undertaking a
review of its German unit to decide the future of the poorly
performing business.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.