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Wednesday,23 November 2022 at 17:18

Halfords, the motoring and bicycle business, has warned that full-year profits will be at the lower end of forecasts amid higher costs and consumers spending less on non-essential items.
The company is rapidly expanding its car servicing operation, Autocentre, and said this arm was performing strongly, but its retail outlets have been hit by the cost of living squeeze.
Pre-tax profit in the six months to September 30 was £29 million, down from £57.9 million a year ago.
U.K. & European markets closed higher as investors digested euro zone economic data.
U.S. stocks were higher with the Nasdaq gaining more than 1% on the final full trading day of the week for U.S. investors.
Oil prices fell as the G7 nations looked at a price cap on Russian oil above where the crude grade is currently trading.
Gold priced higher.

At the close
FTSE 100 7,465 +0.17%
FTSE 250 19,500 +0.40%
DAX 14,427 +0.04%
At 17:15
Dow Jones 34,038 (-0.17%)
S&P 500 4,006 +0.06%
NASDAQ 11,208 +0.30%
Fixed Income
UK 10-YR YIELD 3.010
Exchange Rates
GBP/USD 1.204
GBP/EUR 1.161
Gold $1,742 +0.25%
Brent $84.25 (-4.58%)
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.

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