Home > World > Weaker pound lifts FTSE 100 ahead of Brexit-related talks

Weaker pound lifts FTSE 100 ahead of Brexit-related talks

Written by Business World, on 14th Oct 2020. Posted in World

article headline

The FTSE 100 rose on Wednesday as a weaker pound lifted shares of exporters, although growing political wrangling over new COVID-19-related restrictions and uncertainty over a Brexit trade deal capped gains.

The blue-chip FTSE 100 climbed 0.2% led by shares of Bunzl Plc, which jumped 5.3% after the company said it expected a slightly higher operating profit margin and stronger revenue growth in the second half of the year.

The mid-cap FTSE 250 also rose 0.2%.

Education group Pearson Plc rose 2.7% after saying it was on course to match market expectations, as demand for online learning helped soften the impact from canceled tests and closed schools due to COVID-19. (Reuters)

Source: www.businessworld.ie

More articles from World

image Description

EU says WHO key to tackle global health crises but wants reforms

Read more
image Description

Germany declares Ireland a virus risk region

Read more
image Description

Sterling holds near new highs as Brexit talks restart

Read more
image Description

New programme to accelerate Irish export growth to the Eurozone

Read more
image Description

FTSE 100 slips as British Airways and virus concerns weigh

Read more