FTSE 100 Closed Higher on Expected Rise in Fed Interest Rates - News Summed Up

FTSE 100 Closed Higher on Expected Rise in Fed Interest Rates


The FTSE 100 closed up 1.20% on Wednesday as the market anticipates a rise in interest rates by the U.S. Federal Reserve at their meeting later today. ---Tatton Asset Management FY 2022 Pretax Profit, Revenue RoseTatton Asset Management PLC said Tuesday that its pretax profit, revenue and assets under management grew in fiscal 2022. ---Dewhurst 1H Pretax Profit RoseDewhurst Group PLC said Wednesday that first-half pretax profit rose and reported revenue was slightly lower in a challenging market environment. ---Eckoh FY 2022 Pretax Profit Fell; Sees Higher FY 2023 Revenue, ProfitEckoh PLC said Wednesday that fiscal 2022 pretax profit fell after booking higher costs, and that it expects a significant rise in revenue and profit in fiscal 2023. Here's what the London-listed onshore hydrocarbon producer had to say:---Castings FY 2022 Pretax Profit, Revenue RoseCastings PLC said Wednesday that pretax profit and revenue rose for fiscal 2022.


Source: Wall Street Journal June 16, 2022 04:30 UTC



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