London Stocks Seen Opening Flat

0751 GMT - The FTSE 100 index is expected to open little changed, according to IG, having closed on Friday at 7556.23, with sentiment helped by China loosening some of its Covid-19 restrictions. However, the effects of Friday's stronger-than-expected U.S. jobs report, which suggested that a pause in U.S. interest-rate rises isn't yet in sight, still linger. "Asian markets rose as China eased some Covid measures, helping to offset the strong payrolls report on Friday that dented hopes of a sustained cooling of the Fed's tightening policy," IG analysts say in a note. Vodafone will be in focus after it announced its CEO Nick Read will step down at the end of the year. (jessica.fleetham@wsj.com)

 
Companies News: 

Wentworth Resources Agrees to GBP61.7M Takeover by Etablissements Maurel Et Prom

Wentworth Resources PLC said Monday that it has agreed to a 61.7 million pound ($75.9 million) cash takeover from Etablissements Maurel et Prom S.A.

---

Avon Protection to Sell Lexington Facility Assets for 'Modest' Sum

Avon Protection PLC said Monday that it is selling the assets of its Lexington facility in the U.S. for "a modest cash consideration" to advanced ceramics-materials manufacturer CoorsTek Inc.

---

Keywords Studios to Buy Helpshift for Up to $75 Mln

Keywords Studios PLC said Monday that it has agreed to buy Helpshift, Inc. for up to $75 million to expand its player support and engagement capability.

---

Condor Gold Seeking to Raise up to GBP4.0 Mln via Open Offer

Condor Gold PLC said Monday that it is seeking to raise up to 4.0 million pounds ($4.9 million) via an open offer to shareholders, as first flagged last week.

---

RBG Holdings Sees Adjusted Ebitda Behind Views After LionFish Losses

RBG Holdings PLC said Monday that it now expects adjusted Ebitda to be materially behind market consensus expectations for 2022 after losses at its litigation finance subsidiary LionFish.

---

A.G. Barr Buys Boost Drinks for Up to GBP32 Mln

A.G. Barr PLC said Monday that it has bought beverage group Boost Drinks Holdings Ltd. for up to 32 million pounds ($39.3 million).

---

Equals Group Expects to Beat 2022 Market Views

Equals Group PLC on Monday said it expects its full-year result to come ahead of current market expectations, boosted by an increase in revenue.

---

National Express Appoints James Stamp as Permanent CFO

National Express Group PLC said Monday that it has appointed James Stamp as group chief financial officer with immediate effect, having held the role on an interim basis since Nov. 1.

 

Contact: London NewsPlus; paul.larkins@wsj.com

(END) Dow Jones Newswires

December 05, 2022 03:09 ET (08:09 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Grafico Indice FTSE 100

Da Dic 2022 a Gen 2023 Clicca qui per i Grafici di FTSE 100
Grafico Indice FTSE 100

Da Gen 2022 a Gen 2023 Clicca qui per i Grafici di FTSE 100