FTSE 100 Closes Up Supported by Basic Resources, Energy Stocks - News Summed Up

FTSE 100 Closes Up Supported by Basic Resources, Energy Stocks


The bluechip index's positive performance was helped by resilience in basic resources and energy, with Shell stock reaching a new record high at 2,750.50 pence. ---TPXImpact Holdings Backs Fiscal 2024 View After In-Line Revenue Growth in 1HTPXImpact Holdings said it backs it full-year targets as it expects to report strong revenue growth in the first half of year, in line with its expectations. ---Tristel Reports Growth on Strong International SalesTristel has reported much improved first-half earnings on strong revenue growth from continuing products--well ahead of market expectations--and sustained by higher overseas sales. ---Scirocco Energy Shares Rose After Ruvuma Stake SaleShares in Scirocco Energy rose on Monday after the group completed the sale of its 25% stake in the Ruvuma gas project in Tanzania for a consideration of $2.54 million. The Stoxx Europe 600 trades flat and the DAX and CAC 40 drop 0.1%, though the FTSE 100 gains 0.4% as oil and mining stocks rise.


Source: Wall Street Journal October 16, 2023 16:14 UTC



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