FTSE 100 Poised to Fall; U.S. Data Back in Focus

FTSE 100 Poised to Fall After Mixed Asia, US Trading

0735 GMT - The FTSE 100 looks set to open 25 points lower at 7904 after mixed trading in Asia and on Wall Street. Markets in Australia and Japan rise, but stocks in Hong Kong, mainland China and South Korea fall. The Dow closed 0.2% lower Wednesday, though the S&P 500 and Nasdaq rose. Brent crude drops 0.1% to $82.60 a barrel. "After Fed chair Powell's testimony, U.S. macro data releases are back in focus to gauge the risk of a re-acceleration in the hiking pace," Danske Bank analysts say in a note. "Today initial jobless claims are on the agenda, ahead of the big labor-market report Friday." ([e-mail])

 
Companies News: 

ConvaTec Group 2022 Pretax Profit Fell on Higher Charges; Revenue Rose

ConvaTec Group PLC said Thursday that pretax profit fell in 2022 on higher expenses and charges, despite higher revenue, and raised its dividend payout.

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Aviva Swung to 2022 Pretax Loss; Launches GBP300 Mln Buyback

Aviva PLC on Thursday posted a swing to pretax loss for 2022 as it was hit by adverse market movements and launched a 300 million-pound ($355.3 million) share buyback.

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DS Smith Says Positive 1H Trends Have Continued Into 2H

DS Smith PLC said Thursday that positive trends experienced in the first half of the year have continued into the second, and performance has been in line with the board's expectations.

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Informa 2022 Pretax Profit, Revenue Rose; Buys Tarsus for $940 Mln

Informa PLC said Thursday that pretax profit and revenue rose for 2022 and that it was buying Tarsus for $940 million.

Contact: London NewsPlus; [e-mail]

(END) Dow Jones Newswires

03-09-23 0253ET