Upbeat earnings help FTSE 100 rebound

The UK’s FTSE 100 rose on Monday after upbeat earnings reports from Associated British Foods and Bunzl helped pull the index up from last week’s battering on worries about high U.S. interest rates.

The blue-chip FTSE 100 (.FTSE) rose 0.8%, after recording its worst weekly performance so far this year as hotter-than-expected U.S. consumer spending data on Friday sparked a selloff on both sides of the Atlantic.

Bunzl (BNZL.L) gained 1.8% after the business supplies distributor raised its annual dividend and reported a higher full-year profit.

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

Mining momentum lifts FTSE as market eyes tariff clarity

Investor confidence edged higher as heavyweight miners surged, pushing the FTSE 100 into positive territory. All eyes remain on upcoming inflation figures and the latest from Washington, where tariff policy updates could stir global markets. The

Fidelity Special Values

FTSE 100 gains as EU strikes back against US tariffs

European markets edged higher on Wednesday morning as the EU took swift action against the newly implemented US tariffs on steel and aluminium. The move, which removes all country exemptions, signals rising tensions with key trading