UK stocks open higher on Bunzl

London stocks opened higher on Tuesday following an extended weekend as miners rose on optimism over fresh policy support from top consumer China, while Bunzl advanced on upbeat annual profit outlook.

The blue-chip FTSE 100 index surged 1.3% in early trade, while the FTSE 250 rose nearly 1%.

The FTSE 100 outpaced its regional peers, with the broader pan-European STOXX 600 up 0.6%.

The London Stock Exchange was closed on Monday due to a summer bank holiday.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity Special Values

More articles like this

Fidelity Special Values

FTSE 100 edges higher as UK jobs market cools

The FTSE 100 made a modest gain of 0.1% this morning, supported by gains in the industrial sector and signs of a cooling UK jobs market, providing a positive outlook for UK equities. This small rise

Fidelity Special Values

Investor sentiment shifts in favour of UK equities

For the first time in over three years, investors who are optimistic about UK equities now outnumber those who are more pessimistic. This shift is a significant development, reflecting a more favourable outlook for British stocks.

Fidelity Special Values

UK inflation hits 2% target boosting market confidence

UK inflation reached the Bank of England’s 2% target for the first time in nearly three years, offering some relief to markets. The Office for National Statistics (ONS) reported that the Consumer Prices Index (CPI) fell

Fidelity Special Values

FTSE 100 holds strong after a week of gains

On Friday, the UK’s FTSE 100 experienced a slight dip, declining by 0.2% by 0716 GMT. This drop followed five consecutive days of gains, setting the stage for a solid weekly performance. Despite the minor setback,

Fidelity Special Values

Britain’s economy shows stronger growth in 2022

Britain’s economy experienced stronger growth in 2022 than initially estimated, according to revised data from the Office for National Statistics (ONS). This revised data attributes the improvement to the oil and gas sector, which benefitted from

Fidelity Special Values

British stocks surge on interest rate cut speculation

Britain’s domestically-focused stocks have reached a two-year high as traders bet on the Bank of England cutting interest rates for the first time in four years. The midcap FTSE 250 index climbed by 0.6% to 21,486.01,

Fidelity Special Values

UK dividends reach record high in Q2 2024

In the second quarter of 2024, UK dividends reached a new record, according to Computershare’s latest dividend monitor. Total payouts, bolstered by special dividends, increased by 11.2% year-on-year, hitting an all-time quarterly high of £36.7bn. The

Fidelity Special Values

UK markets show renewed appeal amid global uncertainty

Investors are increasingly viewing UK markets as a potential haven amidst rising political uncertainty in the U.S. and other parts of Europe. This shift could mark a significant turnaround for a country that seemed to have

Fidelity Special Values

London stocks rise with precious metal miners leading gains

London stocks experienced a rise on Wednesday, largely due to gains from precious metal miners. Meanwhile, hawkish comments from the Bank of England’s Chief Economist, Huw Pill, reduced expectations of an interest rate cut in August.