FTSE 100 to Fall Despite Broadly Positive Asian Session

FTSE 100 Set to Fall; Asia Stocks Rise

0634 GMT – The FTSE 100 is expected to open 13 points lower at 7110, according to CMC Markets, despite mostly upbeat trading in Asia. Markets in mainland China, Hong Kong and India gain, while South Korea stocks are lower. “Asia stocks have started the week on the front foot, as investors there play catch-up on Friday’s U.S. payroll gains,” CMC’s Michael Hewson says.(philip.waller@wsj.com)

 
Companies News:

Philip Morris Raises Offer for Vectura to $1.42 Bln

Philip Morris International Inc. said Monday that it has increased its offer for Vectura Group PLC to 1.02 billion pounds ($1.42 billion), trumping Friday’s offer from Carlyle Europe Partners V for the U.K. pharmaceutical company.

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Hargreaves Lansdown FY 2021 Assets Under Administration Rose

Hargreaves Lansdown PLC on Monday reported a rise in assets under administration for fiscal 2021, and said it delivered a record performance in the year as a whole.

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U.K. Takeover Panel Extends Clayton Dubilier Bid Deadline for Wm. Morrison

The U.K. Takeover Panel said Monday that it has extended the deadline for Clayton Dubilier & Rice LLC to make an offer for U.K. grocer Wm. Morrison Supermarkets PLC in light of the latest offer by SoftBank Group Corp.’s Fortress Investment Group Ltd.

Contact: London NewsPlus, Dow Jones Newswires; +44-20-7842-931

(END) Dow Jones Newswires

August 09, 2021 02:51 ET (06:51 GMT)

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