AGL 5.75 Increased By ▲ 0.05 (0.88%)
ANL 9.08 Decreased By ▼ -0.02 (-0.22%)
AVN 78.90 Decreased By ▼ -0.26 (-0.33%)
BOP 5.22 Increased By ▲ 0.01 (0.19%)
CNERGY 4.69 Decreased By ▼ -0.04 (-0.85%)
EFERT 81.50 Increased By ▲ 0.39 (0.48%)
EPCL 50.85 Increased By ▲ 0.10 (0.2%)
FCCL 13.49 Decreased By ▼ -0.03 (-0.22%)
FFL 5.83 Increased By ▲ 0.07 (1.22%)
FLYNG 7.21 Decreased By ▼ -0.08 (-1.1%)
FNEL 4.84 No Change ▼ 0.00 (0%)
GGGL 8.88 Decreased By ▼ -0.01 (-0.11%)
GGL 15.85 Increased By ▲ 0.05 (0.32%)
HUMNL 5.75 Decreased By ▼ -0.08 (-1.37%)
KEL 2.61 Increased By ▲ 0.02 (0.77%)
LOTCHEM 29.65 Decreased By ▼ -0.15 (-0.5%)
MLCF 25.05 Decreased By ▼ -0.10 (-0.4%)
OGDC 72.40 Decreased By ▼ -0.30 (-0.41%)
PAEL 15.38 Decreased By ▼ -0.09 (-0.58%)
PIBTL 5.19 Increased By ▲ 0.06 (1.17%)
PRL 16.30 Decreased By ▼ -0.20 (-1.21%)
SILK 1.07 Decreased By ▼ -0.03 (-2.73%)
TELE 9.50 Decreased By ▼ -0.05 (-0.52%)
TPL 7.40 Increased By ▲ 0.07 (0.95%)
TPLP 19.16 Decreased By ▼ -0.10 (-0.52%)
TREET 22.00 Increased By ▲ 0.16 (0.73%)
TRG 142.00 Decreased By ▼ -2.10 (-1.46%)
UNITY 17.26 Decreased By ▼ -0.26 (-1.48%)
WAVES 10.15 Increased By ▲ 0.15 (1.5%)
WTL 1.37 No Change ▼ 0.00 (0%)
BR100 4,248 Decreased By -10.4 (-0.24%)
BR30 15,771 Decreased By -70.7 (-0.45%)
KSE100 42,340 Decreased By -33.9 (-0.08%)
KSE30 15,631 Decreased By -34.4 (-0.22%)
Follow us

LONDON: UK’s blue-chip FTSE 100 was unchanged on Wednesday as a stronger pound offset gains in miners that rose after BHP Group’s upbeat output forecast and US stimulus bets, with investors eyeing Joe Biden’s inauguration as US President later in the day.

BHP Group Ltd climbed 1.1% after it forecast record iron ore production for fiscal 2021, helped by high prices for the commodity. Other miners Rio Tinto, Anglo American and Glencore rose between 0.5% and 1%.

The FTSE 100 index slipped 0.1%. Among global markets, Asian shares hit a record high after US Treasury Secretary nominee Janet Yellen’s call for more fiscal support.

The domestically focussed FTSE 250 index added 0.8%.

The FTSE 100 has recorded consistent monthly gains since November, supported by hopes of a vaccine-led economic recovery, but has recently lost steam as tighter business restrictions sparked fears of a slow rebound.

Burberry rose 5% as its underlying sales fell 9% in the three months ended December but the company said it remained confident in the future, buoyed by sales growth of 11% in Asia-Pacific stores.

Global education group Pearson jumped 7.2% after its global online sales grew 18% in 2020, helped by strong enrolments in virtual schools.

WH Smith Plc rose 5.9% to the top of the FTSE 250 index as its trading during Christmas was ahead of its expectations.

Comments

Comments are closed.

FTSE 100 flat; miners jump

At least 3 killed, over 20 injured in suicide blast in Quetta

Intra-day update: rupee records marginal gain against US dollar

November CPI likely to decline marginally

ECC approves Kissan Package: Power tariff for tubewells reduced to Rs13 per unit

Q4FY22 adjustment: KE tariff to go up by Rs1.55/unit

FTO says oil, gas sector ‘strictly’ governed by Ogra

Internet services now operating normally in Pakistan: PTA

FCA for Oct 2022: Nepra approves Rs3.3bn refund

‘Released’ consignments: Customs Adjudication can’t recover short levy, tax: SHC

General election: ECC approves Rs15bn for ECP