Al-Sisi, Cypriot president discuss Gaza ceasefire deal, bilateral cooperation    Egypt, EU discuss CBAM impact, green transition cooperation    Egypt's Health Minister showcases Women's Health Initiative at Berlin Innovation Forum    North Korea displays new 'Hwasong-20' ICBM at major military parade    Trump declares 100% tariffs on China, sending global markets tumbling    Egypt's balance of payments shows positive trends in FY 2024/25: CBE    Egypt's net international reserves rise $2.8bn to record $49.5bn in September 2025    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Nobel: The Prize That Honours Conscience, Not Power — and María Corina Machado, Who Changed the Equation    Egypt reconstitutes board of State Information Service    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's Sisi: Gaza ceasefire embodies 'triumph of the will for peace over the logic of war'    URGENT: Egypt's annual core inflation hits 11.3% in Sept – CBE    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Sisi invites Trump to Egypt to sign Gaza peace deal if talks succeed    Egypt's oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE    Egyptian Open Amateur Golf Championship 2025 to see record participation    Egypt to meet IMF next week to set date for fifth, sixth reviews – PM    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Al-Sisi reviews education reforms, orders new teacher bonus starting November    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    URGENT: Egypt's Khaled El-Anany unanimously elected UNESCO director-general    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's Al-Sisi commemorates October War, discusses national security with top brass    Egypt screens 22.9m women in national breast cancer initiative since July 2019    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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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