{"id":12800,"date":"2021-08-11T09:28:59","date_gmt":"2021-08-11T09:28:59","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/11\/ftse-100-rises-on-avast-deal\/"},"modified":"2021-08-11T09:28:59","modified_gmt":"2021-08-11T09:28:59","slug":"ftse-100-rises-on-avast-deal","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/11\/ftse-100-rises-on-avast-deal\/","title":{"rendered":"FTSE 100 Rises On Avast Deal"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks advanced on Wednesday, with optimism about a gradual economic recovery from the <span class=\"landLinks\">coronavirus<\/span> pandemic and an $8.6 billion buyout deal for software security firm Avast boosting sentiment.<\/p>\n<p>The benchmark FTSE 100 rose 30 points, or 0.4 percent, to 7,191 after rising 0.4 percent on Tuesday. <\/p>\n<p>Avast climbed 2.7 percent after U.S. cybersecurity company NortonLifeLock Inc agreed to buy its London-listed rival for up to $8.6 billion to create a leader in consumer security software.<\/p>\n<p>Food delivery company Deliveroo slumped 4.6 percent despite the value of orders on its platform more than doubling in the first half.<\/p>\n<p>Life insurer Phoenix declined 1.6 percent after it swung to a pre-tax interim loss.<\/p>\n<p>Provident Financial surged 6.3 percent. The consumer finance company reported that its first-half loss before tax was 44.2 million pounds, compared to loss of 28.1 million pounds a year ago. The results include losses related to the planned closure of Consumer Credit Division or CCD. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Rises On Avast Deal<\/a><br \/>\n<br \/>2021-08-11 09:28:59<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks advanced on Wednesday, with optimism about a gradual economic recovery from the coronavirus pandemic and an $8.6 billion buyout deal for software security firm Avast boosting sentiment. The&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12800","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=12800"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12801"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}