🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

London's FTSE 100 rebounds on Vodafone signal

Published 07/26/2019, 03:23 PM
Updated 07/26/2019, 03:30 PM
London's FTSE 100 rebounds on Vodafone signal
UK100
-
VOD
-
AAL
-
PSON
-
FTNMX551030
-

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* FTSE 100 up 0.2%, FTSE 250 about flat
* Vodafone up on plans to create European mobile mast co
* Trading update lifts education company Pearson

July 26 (Reuters) - London's FTSE 100 recovered on Friday as
Vodafone jumped on plans to create a separate European tower
company and education firm Pearson gained after an upbeat
trading update.
Meanwhile Anglo American slumped after billionaire Anil
Agarwal said he would divest his stake.
The FTSE 100 index .FTSE added 0.2% by 0710 GMT, while the
midcaps were largely unchanged.
Vodafone VOD.L surged 8% after laying out plans to
separate its mobile mast infrastructure in 10 European markets
into a new organisation that it potentially could list.

Pearson PSON.L , the world's biggest education company,
climbed nearly 7% after saying it had traded well in the first
half of 2019 as its strategy to shift away from textbooks
towards digital begins to pay off. Miners .FTNMX1770 , however, weighed on the main bourse
with a 4% drop in Anglo American AAL.L after its biggest
shareholder Agarwal said he was divesting the nearly 20% stake,
and as copper prices fell after comments from the European
Central Bank dampened rate cut hopes.

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.