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Friday,05 August 2022 at 15:57
London Stock Exchange
Group has set out a plan to return £750 million to its
shareholders as it posted a rise in first-half profits that was boosted by its
acquisition of the data business Refinitiv.
The FTSE 100 company completed its $27 billion deal for the financial
information business in late January last year in a move that significantly
expanded its presence in data services, a potentially lucrative area as more
trading becomes electronic.
The acquisition has swelled its statutory pre-tax profits, which climbed to
£803 million from £463 million a year earlier.
UK & European markets
closed lower after a key U.S. jobs report showed
unexpected strength in the labour market. U.S. stocksopened lower
following a stronger-than-expected July jobs report.
Oil prices rose.
Gold prices extended
losses to slide more than 1%.
At the close
FTSE 100 7,439 (-0.11%)
FTSE 250 20,051 (-0.52%)
DAX 13,573 (-0.65%)
Dow Jones 32,604 (-0.38%)
S&P 500 4,119 (-0.79%)
NASDAQ 12,560 (-1.26%)
UK 10-YR YIELD 2.058
Gold $1,773 (-0.94%)
Brent $95.67 +2.28%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.