India suspends all Pakistani imports indefinitely    EGP up against USD at Sunday's close    Egypt-Comoros trade falls in '24    White House to cut NASA budget    Egypt's UHIA launches 1st electronic medical pricing system    Egypt, S. Arabia ink deal to tackle common health challenges    Egypt's c. bank offers EGP 10b T-bonds fixed coupon    Israeli escalation in Gaza amid warnings of humanitarian collapse    Egypt's PM attends Gabon president's inauguration after election win    Egypt's Abdelatty, US Advisor Boulos hold call on Africa, Middle East stability    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Tax revenues surge over 40% without new burdens: ETA chief    Egypt's public-private partnership investments hit EGP 19.8bn in FY 2023/2024: Tahoun Consulting    EU ambassador commends Aswan's public healthcare during official visit    Agricultural Bank of Egypt offers 5-year livestock loans at 5% to support small farmers    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Taiwan GDP surges on tech demand    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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U.K. Stocks Gain Ground; Inflation Data on Deck
Published in Amwal Al Ghad on 18 - 11 - 2014

U.K. stocks rose Tuesday, with gains for Prudential PLC and British Land Co. PLC following trading updates.
The FTSE 100 index UKX, +0.29% rose 0.2% to 6,688, adding to Monday's rise of 0.3%, when the market turned higher on the prospect of further monetary stimulus for the eurozone from the European Central Bank.
Prudential PRU, +0.24% shares climbed 1.7% after the insurer said profit from new business rose 17% in the third quarter and that it's confident about its prospects for the rest of the year.
British Land BLND, +0.73% shares gained 0.9% as the property developer said first-half profit rose on strong demand for commercial real estate in London. Underlying profit before tax rose 6.2% to 155 million pounds ($242.7 million).
Meanwhile, EasyJet PLC EZJ, -2.01% said full-year profit rose 22%, aided in part by strikes at rival carriers, but shares were trading lower by 0.9%.
Investors will look for the release of U.K. inflation data at 9:30 a.m. London time.
Will you be in London on Dec. 3? Then you're invited to our MarketWatch Investing Insights event, "The worse Europe gets, the more you should invest."
Governments are in trouble, reform efforts have stalled, unemployment is climbing. the news from the eurozone is bleak. And investors are fleeing. But that's a mistake: The worse the economic data from Europe get, the more you should be buying. Why? Because actions by the ECB will boost asset prices and the stock market in particular. And, big exporters can grow sales. Lower costs and steady sales translate into higher profits and dividends. Join us for an evening of cocktails and conversation to explore these opportunities.
Our panel will be led by MarketWatch Columnist Matthew Lynn, a renowned financial journalist based in London and the author of "Bust: Greece, the euro and the Sovereign Debt Crisis." He'll be joined by Mark Hulbert, MarketWatch columnist and editor of the Hulbert Financial Digest.
Source: MarketWatch


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