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Friday 25 June 2021

Investment - #FTSE Friday's feeling after US infrastructure bill and UK travel changes gives bourse a boost: Proactive

 

25 June 2021

42K subscribers

 

FTSE 100 opened higher after the US agreed a major infrastructure bill last night and the rumoured green list travel changes were confirmed. London’s leading index advanced 10 points to 7,120 in early trading.

 

 Google (NASDAQ:GOOG) and Amazon Inc (NASDAQ:AMZN) are under scrutiny by the UK Competition and Markets Authority over concerns on fake reviews. The tech giants may have not done enough to protect consumers from fake statements, the watchdog said.

 

UDG Healthcare PLC (LON:UDG) has squeezed a few extra pounds out of private equity firm Clayton, Dubilier & Rice. The provider of services to the pharma industry has asked the bidder to up the offer price to 1,080p per share from 1,023p previously.

 

A test developed by Californian company Grail can find over 50 types of cancer just by using a sample of blood. The NHS will begin a pilot scheme to use it on 140,000 people aged over 50 this year.

 

 Xpediator (LON:XPD) increased its financial guidance for the current year as Covid recovery and Brexit boost boosts trading. The logistics group believes the business can deliver full-year adjusted profit before tax in excess of £8.5mln.

 

Remote Monitored Systems’ (LON:RMS) five-ply version of its Covid-19 anti-viral face mask has been approved by the UK's Regulatory Agency. The mask, developed in collaboration with Volz Filters, has an additional filter after the hydrophobic outer layer.

 

 Strategic Minerals (LON:SML) wants to list its Leigh Creek copper project on the Australian Stock Exchange within a year. Ahead of that, it is looking to raise A$10mln in debt funding to bring the Australian prospect into production in the second half of 2021

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