{"id":49019,"date":"2024-07-08T09:23:54","date_gmt":"2024-07-08T09:23:54","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/07\/08\/ftse-100-edges-higher-in-cautious-trade-20\/"},"modified":"2024-07-08T09:23:54","modified_gmt":"2024-07-08T09:23:54","slug":"ftse-100-edges-higher-in-cautious-trade-20","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/07\/08\/ftse-100-edges-higher-in-cautious-trade-20\/","title":{"rendered":"FTSE 100 Edges Higher In Cautious Trade"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks eked out modest gains in cautious trade on Monday as traders digested the unexpected result of France&#8217;s snap election and looked forward to upcoming Congressional testimony by Fed Chair Jerome Powell as well as the release of U.S. CPI data this week for greater clarity on Fed&#8217;s monetary policy path.<\/p>\n<p>The benchmark FTSE 100 was up 15 points, or 0.2 percent, at 8,219 after losing half a percent on Friday. <\/p>\n<p>Britvic jumped 4.6 percent after Danish brewer Carlsberg agreed to acquire the British soft drinks maker for 3.3 billion pounds ($4.23 billion).<\/p>\n<p>Marston&#8217;s surged 16 percent after the pub and hotel operator disposed of its 40 percent stake in its brewing joint venture with Carlsberg.<\/p>\n<p>Energy giant BP Plc fell 1.3 percent and Shell shed 0.7 percent as crude prices slipped after rising for four weeks. <\/p>\n<p>HgCapital Trust rose about 1 percent. The private equity trust has agreed to sell its remaining investment in <span class=\"landLinks\">business<\/span> software company TeamSystem. <\/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 Edges Higher In Cautious Trade<\/a><br \/>\n<br \/>2024-07-08 09:23:54<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks eked out modest gains in cautious trade on Monday as traders digested the unexpected result of France&#8217;s snap election and looked forward to upcoming Congressional testimony by Fed&#8230;<\/p>\n","protected":false},"author":2,"featured_media":49020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-49019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49019","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=49019"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/49019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/49020"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=49019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=49019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=49019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}