This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34255127
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
FTSE 100 steady in early trade | FTSE 100 steady in early trade |
(34 minutes later) | |
(Open): UK shares opened slightly higher, with investors expected to remain cautious ahead of the US rate decision later this week. | (Open): UK shares opened slightly higher, with investors expected to remain cautious ahead of the US rate decision later this week. |
On Thursday, the Federal Reserve will decide on whether to raise US rates for the first time in nine years. | |
In early morning trade, the FTSE 100 was 6.92 points higher at 6,091.51. | |
Top riser on the index was credit checking agency Experian, which climbed 1.3% after HSBC raised its rating on the stock to "buy". | |
B&Q and Screwfix owner Kingfisher dropped 2.3% after the firm announced a slight dip in half-year profits. | |
The company also announced it was considering a big expansion of its Screwfix chain, with potential for another 200 stores. | |
In the FTSE 250, shares in online grocer Ocado rose 3.1% after investors welcomed its latest sales figures. | |
The firm reported gross retail sales of £252m in the 12 weeks to 9 August, up 15.3% from a year earlier. | The firm reported gross retail sales of £252m in the 12 weeks to 9 August, up 15.3% from a year earlier. |
On the currency markets, the pound edged up 0.1% against the dollar to $1.5444 and rose 0.24% against the euro to €1.3663. |