{"id":53118,"date":"2024-11-21T12:41:37","date_gmt":"2024-11-21T12:41:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/11\/21\/ftse-100-gains-on-corporate-sector-outlook\/"},"modified":"2024-11-21T12:41:37","modified_gmt":"2024-11-21T12:41:37","slug":"ftse-100-gains-on-corporate-sector-outlook","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/11\/21\/ftse-100-gains-on-corporate-sector-outlook\/","title":{"rendered":"FTSE 100 Gains On Corporate Sector Outlook"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> A positive outlook on the corporate sector overshadowed concerns about geopolitics and inflation that helped the FTSE 100 record modest gains in Thursday&#8217;s trading.  <\/p>\n<p>FTSE 100 oscillated between 8,120.20 and 8,065.22 as compared with the previous day&#8217;s closing level of 8,085.07. <\/p>\n<p>The benchmark index of the London Stock Exchange is currently trading at 8,119.10, having added 0.42 percent on an overnight basis. <\/p>\n<p>In the 100-scrip index, 70 are trading in the overnight positive zone.   <\/p>\n<p>Halma jumped more than 7 percent after posting strong financial results. Endeavour Mining, Centrica and Beazley, all gained more than 2 percent. Experian as well as Diploma followed with gains of more than 1.5 percent.<\/p>\n<p>JD Sports Fashion tumbled more than 14 percent amidst a profit warning. Vodafone and Frasers, both slipped more than 2 percent. Melrose Industries, National Grid, British Land Co and DCC, all suffered declines in excess of 1 percent.<\/p>\n<p>The GBP\/USD pair slipped 0.09 percent overnight to 1.2639. The sterling ranged between $1.2660 and $1.2623 in the day&#8217;s trade.  The EUR\/GBP pair has declined 0.10 percent to 0.8326. The GBP\/JPY pair has dropped 0.72 percent to 195.25. <\/p>\n<p>Bond yields in the U.K. hardened more than peers as <span class=\"landLinks\">markets<\/span> scaled back rate cut expectations from the Bank of England in the backdrop of higher-than-expected inflation levels. Ten-year bond yields hardened 0.72 percent to 4.5020 percent. The yields ranged between 4.5310 percent and 4.4860 percent over the course of the day. The same was 4.4700 percent a day earlier. <\/p>\n<p>In data released earlier in the day, the Confederation of British Industry&#8217;s Industrial Trends Survey showed manufacturing output volumes fall in the quarter to November, and at a faster pace than in the three months to October. The monthly net balance of new orders stood at -19 in November versus -27 in October. Markets had expected a level of -25. Manufacturers expecting output volumes to rise modestly in the quarter to February lent support to market sentiment. <\/p>\n<\/p>\n<\/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 Gains On Corporate Sector Outlook<\/a><br \/>\n<br \/>2024-11-21 12:41:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A positive outlook on the corporate sector overshadowed concerns about geopolitics and inflation that helped the FTSE 100 record modest gains in Thursday&#8217;s trading. FTSE 100 oscillated between 8,120.20 and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53119,"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-53118","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53118","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=53118"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53119"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}