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Social care and education services provider CareTech reported a “robust” financial performance in line with market expectations for the financial year just ended on Thursday, as net debt was reduced to £259m.
US retailer Home Depot posted quarterly profit and revenue beats on Tuesday but also stated that fewer customers had visited its brick and mortar locations during the period than they had a year earlier amid a decline in lockdown-fuelled DIY activity.
London’s FTSE 100 was down 0.4% at 7,191.39 in afternoon trade on Thursday.
London stocks were still in the red by midday on Thursday amid concerns about Chinese property group Evergrande, after it failed to complete a $2.6bn asset sale.
London stocks were set to fall at the open on Thursday amid concerns about Chinese property group Evergrande.
Wall Street futures were in the green ahead of the bell on Thursday after the Dow Jones Industrial Average fell just short of its closing record in the previous session.
Investment platform AJ Bell posted a jump in full-year assets under administration on Thursday as customer numbers grew.
Bitcoin reached new record highs on Wednesday, up to around $67,000, which is where an area of resistance resides according to the technical patterns projected by the Onyze team. Its founder, Alvaro Rubio, had already warned in statements to 'Bolsamania' that the price would run into this level in its ascent to $100,000. Experts 'blame' the debut of the ProShares 'crypto' US ETF on Wall Street. The consensus of all the analysts consulted points to an extension of the rally, despite a warning of a possible profit-taking move.
Barclays reported a record £6.9bn of profit for the first nine months of 2021 as the bank released bad debt provisions made earlier in the pandemic.
Africa-focussed fuel and lubricant retailer Vivo Energy reported a 4% improvement in gross cash profit year-on-year for its third quarter on Thursday, to $195m (£141.37m), as strong site openings saw it raise its forecasts.