Markets Wrap: Shares at Penny’s owner soar as US tech stocks boom

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Associated British Foods ended the day 6.7 per cent higher

Penny’s owner Associated British Foods rose 6.7 per cent on Tuesday after a strong trading update, while across the Atlantic technology stocks look set to hit their longest winning run in two years.

The British food and retail giant, which is listed on the London stock exchange, reported a 5 per cent increase in adjusted operating profits to £1.5 billion for the 12 months to September 16.

 

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:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines