Earnings boost FTSE 100 as oil falls back

EarningsCommodity
โดย Alliance News·Read original
Summary · why it matters

The FTSE 100 rose 0.8% on Tuesday, lifted by strong earnings and a drop in oil prices that offset concerns from a chip-sector sell-off in Asia. The blue-chip index closed up 89.27 points at 10,871.02, while the FTSE 250 added 0.5% and the AIM All-Share fell 0.5%. Unilever and Croda both surged 8.0% after well-received results, and GSK advanced 3.5% on better-than-expected second-quarter profit, but Barclays dropped 4.8% following what analysts called a messy set of numbers. Brent oil fell to 84.87 dollars a barrel from 89.71 dollars, and the pound was little changed at 1.3306 dollars ahead of the Federal Reserve's interest rate decision.

Impact on stocks 8

Financials · 2 stocks
Barclays PLC
BARC
▼ NegativeCapitalrelevance

Analysts called Barclays' results messy, causing a 4.8% drop.

Consumer Staples · 2 stocks
Unilever PLC
UNLYD
▲ PositiveCapitalrelevance

Well-received results drove Unilever shares up 8.0%.

Synthetic Biology (non-pharma) · 1 stocks
Biotech & Genomic Medicine · 1 stocks
GSK plc
GSK
▲ PositiveCapitalrelevance

Better-than-expected Q2 profit boosted GSK shares 3.5%.

Semiconductors · 1 stocks
Communication Services · 1 stocks