FTSE 100 Seen Down; Government Won't End 45% Tax Rate
03 Ottobre 2022 - 9:16AM
Dow Jones News
FTSE 100 Poised to Fall After Mixed Asia Trading
0641 GMT - The FTSE 100 Index looks set to open 62 points lower
at 6831, according to IG futures data, after mixed Asia trading and
a lower close on Wall Street on Friday. Markets in Australia and
Hong Kong drop, though Japanese stocks rise. The Dow closed Friday
1.7% down. "Today, we will get the final September manufacturing
PMIs," Danske Bank analyst Jens Peter Sorensen writes. "Indices are
broadly expected to stay below the 50 level, reflecting a slowdown
in global manufacturing activity. Otherwise, markets will continue
to keep a close eye on the quickly-evolving European security
landscape and on EU leaders as they push for an eighth batch of
sanctions against Russia," he says. (philip.waller@wsj.com)
Top News:
UK Government Won't End 45% Top Rate Of Income Tax -- WSJ
The U.K. government Monday said it won't proceed with the
removal of a 45% top rate of income tax, removing a key element of
the mini-budget unveiled late last month that triggered turmoil in
the country's financial markets and an intervention by the Bank of
England.
Companies News:
James Halstead FY 2022 Pretax Profit, Revenue Rose; New Year
Started Well
James Halstead PLC said Monday that its fiscal 2022 pretax
profit and revenue rose on sales growth and despite increased
costs, and the new year has begun well.
---
Halma Acquires IZI Medical Products in US
Halma PLC said Monday that it has acquired IZI Medical Products,
a designer, manufacturer and distributor of medical consumable
devices headquartered in Maryland in the U.S., for an initial
consideration of $153.5 million in cash.
---
QinetiQ to Buy Air Affairs for $33.9 Mln; To Sell Belgian
Division for $31.4 Mln
QinetiQ Group PLC said Monday that it has agreed to buy Air
Affairs (Australia) Pty for 53 million Australian dollars ($33.9
million) in cash, and that it will sell QinetiQ Space NV for 32
million euros ($31.4 million) in cash.
---
Argentex Expects Higher 1H Revenue
Argentex Group PLC said Monday that it expects to report a rise
in revenue for the first half and the board is confident the
company will exceed current market expectations for the year.
Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
October 03, 2022 03:01 ET (07:01 GMT)
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