FTSE 100 to Open Higher But Gains Seen Fragile - News Summed Up

FTSE 100 to Open Higher But Gains Seen Fragile


FTSE 100 Seen Opening Higher But Gains Could be Fragile0636 GMT - The FTSE 100 is seen opening higher with spreadbetting firm IG expecting London's top tier stocks index to rise 73 points following a mixed session for Asian equities. Meanwhile, the U.S. stock market is closed for the Fourth of July holiday so trading volumes will be lower. ---Spirax-Sarco Engineering in Exclusive Talks to Buy Vulcanic for EUR261.7 MlnSpirax-Sarco Engineering PLC said Monday that it is in exclusive talks to buy Vulcanic Group from French private equity company Qualium for 261.7 million euros ($272.8 million). ---Palace Capital Says it Will Focus on ESG Strategy, Will Dispose of Industrial PortfolioPalace Capital PLC said Monday that it is changing its strategy and will refocus to environmental, social, and governance-driven operations. ---H&T Group Buys Swiss Time Services for GBP4.3 MlnH&T Group PLC said Monday that it has acquired the watch servicing and repair center Swiss Time Services Ltd. for 4.3 million pounds ($5.2 million).


Source: Wall Street Journal July 04, 2022 07:26 UTC



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