{"id":57458,"date":"2025-03-17T11:28:35","date_gmt":"2025-03-17T11:28:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/17\/ftse-up-marginally-in-cautious-trade-phoenix-group-rises-on-results\/"},"modified":"2025-03-17T11:28:35","modified_gmt":"2025-03-17T11:28:35","slug":"ftse-up-marginally-in-cautious-trade-phoenix-group-rises-on-results","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/17\/ftse-up-marginally-in-cautious-trade-phoenix-group-rises-on-results\/","title":{"rendered":"FTSE Up Marginally In Cautious Trade; Phoenix Group Rises On Results"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The U.K. market is up marginally Monday morning with investors largely making cautious moves ahead of crucial central bank meetings and political events. <\/p>\n<p>The Bank of England, the Federal Reserve and the Bank of Japan are scheduled to make their monetary policy announcements this week. In Germany, a vote on a crucial spending plan is taking place on Tuesday. Ukraine peace talks are also on the agenda this week.<\/p>\n<p>The benchmark FTSE 100 is up 13.37 points or 0.15% at 8,645.70.<\/p>\n<p>Phoenix Group Holdings shares are rising nearly 7%. The British insurer reported a better-than-expected rise in full-year adjusted operating profit and total cash. The group said IFRS adjusted operating profit increased 31% to 825 million pounds in 2024.<\/p>\n<p>The Group said that it is now targeting approximately 1.1 billion pounds of IFRS adjusted operating profit in 2026, increased from a previous target of 900 million pounds. The Board recommended a 2.6% increase in the final 2024 dividend to 27.35 pence per share.<\/p>\n<p>IAG, JD Sports Fashion, Rio Tinto, Beazley, Shell, Antofagasta, Mondi, Natwest Group, Smith &amp; Nephew, Aviva and Coca-Cola HBC are up 1 to 2%.<\/p>\n<p>Tesco is down by about 2.5%. Marks &amp; Spencer is declining 2.1%. AstraZeneca is down more than 1% after it agreed to acquire Belgian biotechnology firm EsoBiotec for up to $1 billion.<\/p>\n<p>Intermediate Capital Group, Games Workshop, Melrose Industries, Halma and Sainsbury (J) are down 1 to 1.7%. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Marginally In Cautious Trade; Phoenix Group Rises On Results<\/a><br \/>\n<br \/>2025-03-17 11:28:35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.K. market is up marginally Monday morning with investors largely making cautious moves ahead of crucial central bank meetings and political events. The Bank of England, the Federal Reserve&#8230;<\/p>\n","protected":false},"author":2,"featured_media":57459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-57458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57458","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=57458"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/57458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/57459"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=57458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=57458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=57458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}