• FTSE 100 edges higher; Vistry gains on buybacks while ASOS soars - Market Report

  • Sep 5 2024
  • Duración: 1 m
  • Podcast

FTSE 100 edges higher; Vistry gains on buybacks while ASOS soars - Market Report

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  • London's FTSE 100 just ticked up on Thursday morning, following a steady decline so far this week. A busier day in London brought several reports, including from ABF, which led the FTSE 100’s fallers early on after revealing subsidiary Primark faced a drop in first-half sales. Housebuilder Vistry climbed in the meantime, having announced £130 million worth of buybacks on the back of a jump in sales and profit over the first half. Currys slipped after reporting enthusiasm around AI-enabled products was growing in the UK and Ireland, but subdued conditions remained in the Nordics. And finally, news that ASOS was to create a joint venture and offload a majority stake in its Topshop and Topman brands to the parent of Denmark’s Bestseller saw shares soar as the market opened. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #abf #primark #vistry #currys #asos #topshop #topman #bestseller #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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