London's blue chip index ended the week slightly lower after another quiet session with low volatility. The FTSE 100 index closed 0.06% higher at 7,488.20 points on Friday. Trading lacked the usual direction provided by Wall Street given U.S. markets were closed for the half day, with the index hovering in the red for most of the session. ---Mothercare Pretax Profit Rose on Lower Cost; Revenue FellMothercare said that pretax profit rose on lower costs, despite a slip in revenue. Sales are expected to increase 14% to GBP9.3 billion in the 12 months to September 2024, while pretax profit is expected to rise to GBP608 million from around GBP447 million, the brokerage says.

Source: Wall Street Journal November 25, 2023 09:47 UTC