{"id":15168,"date":"2021-10-19T09:33:50","date_gmt":"2021-10-19T09:33:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/19\/ftse-100-little-changed-in-directionless-trade\/"},"modified":"2021-10-19T09:33:50","modified_gmt":"2021-10-19T09:33:50","slug":"ftse-100-little-changed-in-directionless-trade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/19\/ftse-100-little-changed-in-directionless-trade\/","title":{"rendered":"FTSE 100 Little Changed In Directionless Trade"},"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 were little changed in directionless trade on Tuesday as the pound hit a four-week high versus the dollar on expectations the Bank of England could hike rates towards the end of this year.<\/p>\n<p>Investors await the release of U.K. inflation data on Wednesday for cues on further price pressures.<\/p>\n<p>The benchmark FTSE 100 was marginally higher at 7,205 after closing 0.4 percent lower on Monday.<\/p>\n<p>Homebuilder Bellway advanced 1.7 percent after its profits more than doubled in the year to end July.<\/p>\n<p>Miners Anglo American and Antofagasta rose over 1 percent as copper prices rose. <\/p>\n<p>British Airways owner IAG tumbled 3 percent after brokerage Berenberg downgraded the stock rating and cut its target price on the stock. <\/p>\n<p>Providence Resources, an Irish oil and gas exploration company, slumped as much as 8 percent. The company announced resignation of Alan Linn, its chief executive officer with effect from October 18, to pursue other <span class=\"landLinks\">business<\/span> interests.<\/p>\n<p>Hochschild Mining jumped 6 percent. The company announced its plan to demerge shares representing 80 percent of the entire issued share capital of indirect subsidiary Aclara, a development-stage rare earth mineral resources company. <\/p>\n<\/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 Little Changed In Directionless Trade<\/a><br \/>\n<br \/>2021-10-19 09:33:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were little changed in directionless trade on Tuesday as the pound hit a four-week high versus the dollar on expectations the Bank of England could hike rates towards&#8230;<\/p>\n","protected":false},"author":2,"featured_media":15169,"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-15168","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15168","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=15168"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/15169"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=15168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=15168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=15168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}