Home / Articles / FTSE 100 opens higher as ITV gains

FTSE 100 opens higher as ITV gains

ITV led the FTSE 100 share index higher after Barclays upgraded its rating on the broadcaster to “overweight”.Shares in ITV were up 2.3% in early trade, with the FTSE 100 rising 18.19 points to 7,341.01.Mining firms also bolstered the index, with Glencore shares up 1.6% and Anglo American 1.4% higher.Outside the top 100 companies, troubled building and services firm Carillion fell 9% after it reported huge losses and cut its revenue outlook.The firm reported a first-half loss of £1.15bn as it took further charges, and cut its full-year revenue forecast to £4.6bn-£4.8bn, down from a previous expectation of £4.8bn-£5bn.Shares in Lloyd’s of London insurer Beazley rose 3%, despite the company saying that losses from the impact of hurricanes Harvey, Irma and Maria, and earthquakes in Mexico, would cut its earnings this year by about $150m.On the currency markets, the pound fell 0.25% against the dollar to $1.3407, and dropped 0.4% against the euro to €1.1356.
Source: BBC News

About Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups. I am an author of various websites including Franchise UK https://www.franchise-uk.co.uk

Check Also

Scotsman and i rebel to seek board's ousting

A battle for control of the publisher of The Scotsman and i newspapers will …

Free Franchise Guide

Free Franchising Guide

 

Interested in buying a franchise? The our FREE Franchise Guide is a must! The guide contains lots of information to help you decide if franchising is right for you.

 

To claim your Free Franchise Guide click here