Proactive - Interviews for investors: FTSE opens higher on soft jobs data, Persimmon slips on lower profit - Market Report

Medicine via myPod

English - March 12, 2024 09:52 - 1 minute - 1.09 MB
Music podcasting Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: getheenspring 3Speak Podcast: Mis huellas en pasos firmes [ESP - ENG]

Next Episode: D.O. or Do Not: The Osteopathic Physician's Journey for Premed & Medical Students: Episode 120: Stella Rubina, DO- Making a Difference in Palliative Care, Philosophies on living your best life and dying with dignity

The FTSE 100 opened sharply higher as soft jobs data prompted hopes that the Bank of England could be reassured that inflation was cooling.

ONS data showed UK unemployment unexpectedly rose to 3.9% in the three months to January, which analysts said could help in encouraging base rate cuts in the coming months.

Among companies, Persimmon shares slipped in early trading after the housebuilder reported that profits more than halved last year on the back of market weakness.

Pets at Home also took a hit, falling on news the CMA was to investigate the veterinary sector over fears customers were often overcharged for the likes of medicines.

And finally, things were little better at pizza chain Domino’s, which underwhelmed the market with upcoming first-quarter sales guidance.

#ProactiveInvestors #marketreport #ftse #ftse100 #footsie #persimmon #petsathome #dominospizza #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Episode: https://proactive-interviews-for-investors.simplecast.com/episodes/ftse-opens-higher-on-soft-jobs-data-persimmon-slips-on-lower-profit-market-report-_tfoUXU_

Podcast: https://proactive-interviews-for-investors.simplecast.com