FTSE 100 Morning Update
Thursday saw BAE Systems (LON:BA.) soar by 5.89% to 505p after indicating that the disruption caused COVID-19 would have a minimal impact on 2020 profits.
Thursday saw BAE Systems (LON:BA.) soar by 5.89% to 505p after indicating that the disruption caused COVID-19 would have a minimal impact on 2020 profits.
The price of shares in FTSE 100 financial services firm Lloyds slipped by 8.05% after the firm reported a 16% drop in net income for the half year ended 30th June.
Shares in FTSE 250 defence technology firm Ultra Electronics shot 8.59% higher as revenues rose by 5.8% during the six months ended 30th June.
AIM-listed estate agency Belvoir Group saw its share price climb by 10.69% after saying that it had continued to grow despite the UK lockdown.
Wednesday’s top riser was NEXT (LON:NXT) which saw a 7.68% boost to its share price after it beat expectations in its latest results.
The price of shares in FTSE 100 clothes retailer NEXT rose by 5.89% as sales beat the company’s best case scenario during the second quarter.
Shares in FTSE 100 construction firm Taylor Wimpey dropped by 6.09% after the firm announced a 56.4% drop in revenues for the six months ended 28th June.
AIM-listed Hargreaves Services Group saw its share price climb by 9.75% after booking a pre-tax profit for the year.
Pearson (LON:PSON), Berkeley Group (LON:BKG), and Barratt Developments (LON:BDEV) were Tuesday’s top risers on the FTSE 100.
The price of shares in FTSE 100 miner Fresnillo dropped by 3.68% to 1,229.50p after the firm posted results for the first half of 2020.