London open The FTSE 100 is expected to open 18 points higher on Thursday, having closed up 0. 33% at 7,166. 50 on Wednesday.
London stocks were set to edge lower at the open on Thursday as investors eye trade talks between the US and China later in the day.
Prosecutors for the Serious Fraud Office (SFO) say attempts by former Barclays bank bosses to show advisory services provided by Qatar were merely a “smoke-screen” to try to “legitimise” fraudulent payments to the Gulf state in 2008. A jury at the Old Bailey in London heard that former banking executives tried to gather evidence that would show that payments to Qatar were made in exchange for genuine advisory services, rather than a way of disguising illegitimate fees worth £322m.
Galliford Try said it had won contracts with two water companies worth around £340m to the company.
US stocks closed higher on Wednesday after reports circulated that Beijing was open to a partial trade deal with Washington.