AVN 54.75 Decreased By ▼ -0.72 (-1.3%)
BOP 10.65 Increased By ▲ 0.44 (4.31%)
CHCC 127.00 Decreased By ▼ -2.20 (-1.7%)
DCL 8.97 Decreased By ▼ -0.13 (-1.43%)
DGKC 102.98 Decreased By ▼ -1.77 (-1.69%)
EFERT 66.80 Decreased By ▼ -0.25 (-0.37%)
EPCL 31.25 Decreased By ▼ -0.50 (-1.57%)
FCCL 21.10 Decreased By ▼ -0.05 (-0.24%)
FFL 13.66 Increased By ▲ 0.51 (3.88%)
HASCOL 14.12 Increased By ▲ 0.48 (3.52%)
HBL 129.53 Decreased By ▼ -0.21 (-0.16%)
HUBC 81.90 Decreased By ▼ -0.70 (-0.85%)
HUMNL 9.48 Decreased By ▼ -0.03 (-0.32%)
JSCL 15.85 Increased By ▲ 0.17 (1.08%)
KAPCO 24.70 Increased By ▲ 0.35 (1.44%)
KEL 3.54 Decreased By ▼ -0.06 (-1.67%)
LOTCHEM 12.92 Decreased By ▼ -0.04 (-0.31%)
MLCF 33.00 No Change ▼ 0.00 (0%)
OGDC 112.29 Decreased By ▼ -1.26 (-1.11%)
PAEL 33.05 Decreased By ▼ -0.30 (-0.9%)
PIBTL 11.07 Decreased By ▼ -0.03 (-0.27%)
PIOC 81.00 Increased By ▲ 0.94 (1.17%)
POWER 9.11 Increased By ▲ 0.37 (4.24%)
PPL 99.25 Decreased By ▼ -0.05 (-0.05%)
PSO 181.42 Decreased By ▼ -2.10 (-1.14%)
SNGP 55.43 Decreased By ▼ -0.42 (-0.75%)
STPL 11.77 Increased By ▲ 0.22 (1.9%)
TRG 50.16 Increased By ▲ 1.81 (3.74%)
UNITY 12.60 Increased By ▲ 0.03 (0.24%)
WTL 1.05 Increased By ▲ 0.08 (8.25%)
BR100 4,150 Increased By ▲ 53 (1.28%)
BR30 21,301 Increased By ▲ 403 (1.93%)
KSE100 39,883 Increased By ▲ 305 (0.77%)
KSE30 17,298 Increased By ▲ 140 (0.82%)
COVID-19 TOTAL DAILY
CASES 281,136 675
DEATHS 6,014 15
Sindh 122,016 Cases
Punjab 93,571 Cases
Balochistan 11,780 Cases
Islamabad 15,122 Cases
KP 34,324 Cases
Markets

London's FTSE 100 rebounds on Vodafone signal

London's FTSE 100 recovered on Friday as Vodafone jumped on plans to create a separate European tower company and educat

26 Jul 2019

London's FTSE 100 recovered on Friday as Vodafone jumped on plans to create a separate European tower company and education firm Pearson gained after an upbeat trading update.

Meanwhile Anglo American slumped after billionaire Anil Agarwal said he would divest his stake.

The FTSE 100 index added 0.2% by 0710 GMT, while the midcaps were largely unchanged.

Vodafone surged 8% after laying out plans to separate its mobile mast infrastructure in 10 European markets into a new organisation that it potentially could list.

Pearson, the world's biggest education company, climbed nearly 7% after saying it had traded well in the first half of 2019 as its strategy to shift away from textbooks towards digital begins to pay off.

Miners, however, weighed on the main bourse with a 4% drop in Anglo American after its biggest shareholder Agarwal said he was divesting the nearly 20% stake, and as copper prices fell after comments from the European Central Bank dampened rate cut hopes.

Copyright Reuters, 2019