London stocks rise on strong earning reports; BoE decision in focus

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Market News

Oct 30 - Britain's benchmark FTSE 100 climbed on Monday, on track for the biggest gains in three weeks, as hopes of a rate pause by the Bank of England in its upcoming policy meeting bolstered investor sentiment, while information and analytics firm Ascential lifted midcap stocks on the sale of its units in a $1.70-billion deal.

Ascential soared 34.2% to the top of FTSE 250 after it announced the sale of its digital commerce and consumer research units for a combined enterprise value of 1.4 billion pounds . "Interest rates look set to remain on hold in the UK and the US following the ECB's decision last week to keep rates unchanged for the first time in over a year," said Victoria Scholar, head of investment, at Interactive Investor.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In the Market-Treasury market braces for seismic SEC ruleExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »