{"id":56092,"date":"2025-02-11T12:06:29","date_gmt":"2025-02-11T12:06:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/11\/ftse-up-slightly-in-cautious-trade-entain-tanks-10\/"},"modified":"2025-02-11T12:06:29","modified_gmt":"2025-02-11T12:06:29","slug":"ftse-up-slightly-in-cautious-trade-entain-tanks-10","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/11\/ftse-up-slightly-in-cautious-trade-entain-tanks-10\/","title":{"rendered":"FTSE Up Slightly In Cautious Trade; Entain Tanks 10%"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration&#8217;s tariff moves and how they could reshape international trade dynamics.<\/p>\n<p>It is feared that the new tariffs on steel and aluminium might lead to higher inflation and slower economic growth.<\/p>\n<p>Investors are also digesting a report showing an increase in U.K.&#8217;s retail sales in the month of January.<\/p>\n<p>The benchmark FTSE 100, moving in a tight band between 8,759.38 and 8,791.45, was up 6.84 points or 0.08% at 8,774.64 a few minutes ago.<\/p>\n<p>Shares of sports betting firm Entain are down 10% as Chief Executive Officer Gavin Isaacs stepped down with immediate effect after less than six months in the role.<\/p>\n<p>British oil major BP Plc is down nearly 1% after reporting a steep drop in profits for the fiscal quarter of last year. BP posted a fourth quarter loss to shareholders of $1.96 billion compared to profit of $371 million, a year ago. Loss per share in the fourth quarter was 12.33 cents. <\/p>\n<p>EasyJet is down nearly 4% and Anglo American Plc is declining 3.2%. Vistry Group, Whitbread, Glencore, Antofagasta, Vodafone Group and Legal &amp; General are down 2 to 3%.<\/p>\n<p>IAG, Barratt Redrow, Persimmon, Rio Tinto, Croda International, Fresnillo, AstraZeneca and ICP are lower by 1 to 1.9%.<\/p>\n<p>Intertek is gaining nearly 3%. Diploma, Hikma Pharmaceuticals, Smiths Group, Haleon, Natwest Group, Tesco, Standard Chartered, Severn Trent, Compass Group, Experian and Smith &amp; Nephew are climbing up 1 to 2%.<\/p>\n<p>A report from the British Retail Consortium said UK retail sales increased in January on robust food and non-food turnover despite rising cost pressures. Retail sales grew 2.6% on a yearly basis in January. This was the second consecutive rise but the pace of growth softened from 3.2% in December.<\/p>\n<p>Sales were above the three-month average growth of 1.1% and the twelve month average of 0.8%.<\/p>\n<p>Growth in food sales accelerated to 2.8% in January from 1.7% in the prior month. Meanwhile, non-food sales growth slowed to 2.5% from 4.4%. <\/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 Up Slightly In Cautious Trade; Entain Tanks 10%<\/a><br \/>\n<br \/>2025-02-11 12:06:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration&#8217;s tariff moves and how they could reshape&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56093,"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-56092","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56092","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=56092"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56093"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}