The UK benchmark index looks set to open higher this morning, building on the previous session’s gain, with sentiment remaining upbeat in the wake of the first round of France’s election over the weekend which saw centrist Emmanuel Macron come on top. The earnings season meanwhile will continue with Costa Coffee and Premier Inn owner Whitbread (LON:WTB).
Alternative Investment Company Aquila Capital has acquired six run-of-river hydro power plants from the Norwegian energy company BKK AS. The power plants, located near Bergen, produce approximately 70 gigawatt hours (GWh) of electricity per year.
The UK benchmark index looks set to open higher this morning, with oil prices gaining ground amid supply concerns. Tesco (LON:TSCO) will stay in focus as Nisa’s boss warned of ‘enormous pain’ as a result of the group’s proposed takeover of wholesaler Booker.
After a disappointing day yesterday the FTSE100 has bounced back buoyed by a recovery in basic resource stocks, and a slide in the value of the pound, while broader European markets have lagged behind as investors stay cautious about political risk in Europe.