Mktrep, Rep, Basmtl, Bısv, Bısv08, Com, Cppr, Fın, Fıns, Fıns08, Fund, Hot, Invbıs, Invm, Invs08, Metl, Pve, Pve08, Stx, Uk, Gb, Weu, Europ, Cmpny, Drıl, Ener, Enff, Enqsvc, Expro, Oılg, Refı, Refı1

Mktrep, Rep

FTSE 100 sees best week since April on recovery hopes; M&A chatter boosts Meggitt

FTSE 100 sees best week since April on recovery hopes; M&A chatter boosts Meggitt

5/7/2021 12:35:00 PM

FTSE 100 sees best week since April on recovery hopes; M&A chatter boosts Meggitt

London's FTSE 100 rose on Friday and was on track for its best week in a month, as hopes of a stronger economic recovery boosted commodity and industrial stocks, while Meggitt shares soared on a takeover report.

jumped tracking crude and metal prices.Globally, investor sentiment was also bolstered by a batch of upbeat economic data from the United States and China amid concerns over surging coronavirus cases in parts of Asia."This year is all about balance where we do want exposure to cyclical and value equities. The UK is a very good market to buy those, particularly given the fact on a forward earnings basis, it is still one of the cheapest globally," said Edward Park, chief investment officer at Brooks Macdonald.

BTS Tops Artist 100 Chart, John Mayer & Pop Smoke Return to Top Five BP Launches Environmental Campaign Pledging To Clean Up Oil Polluting Earth’s Interior Capitol police officer says Jan. 6 rioters used N-word against him, others

"There's a degree of optimism now that is looking through some of the near-term uncertainty around COVID-19 and the market base case certainly is that as vaccination programmes roll out, the risk of COVID-19 reduces."The FTSE 100 has gained nearly 10% year-to-date as investors flocked to energy, materials and banking stocks that are seen benefiting the most from a stronger economic recovery due to speedy COVID-19 vaccine rollouts and government policy support.

Read more: Reuters Top News »

July 2021: The Next Full Moon is the Buck Moon

The next full Moon goes by many names including the Buck Moon.

100 Quotes On Business From The 100 Greatest Living Business MindsSelections from essays authored by entrepreneurs, visionaries and thinkers for Forbes' centennial. CryptoWhale

Nikola May Snag Order For 100 Battery, Hydrogen Big Rigs From Los Angeles Ports TruckerThe Phoenix-based company, which intends to deliver its first electric trucks later this year, will work with Total Transportation Services Inc., a drayage company whose trucks haul loads in and out of the ports of Los Angeles and Long Beach, to evaluate the performance of its Nikola Tre in its d... Please listen it

Biden hits 100-day school reopening goal, but reopening difficulties persistThe data also underscores the administration’s myriad challenges: repairing racial disparities, reopening schools and reassuring parents that classroom learning is safe.

How Chanel's Fragrance Has Stayed Iconic for 100 YearsThe most famous scent in the world has been around for a century and remains one of the most mysterious. Yes please

Authorities arrest man accused of stealing 100 vials of COVID-19 vaccineA man has been arrested for allegedly stealing 100 vials of a COVID-19 vaccine and other property in Washington state, authorities said. Wow really why would you steal this, people are really getting stupid these days i cant believe im seeing this since covid started i think people are getting stupider or there just bored and got nothing else to do but steal What is he going to do with all of that?