FTSE 100 opened higher as investors await the minutes from the latest Federal Reserve meeting and England’s Euros semi-final this evening. London’s leading index surged 36 points to 7,136 in early trading.
International payments group Wise PLC (WISE) has been admitted to trade in London via a direct listing, the first of its kind in the UK. It’s considered a test of the City as Europe’s fintech hub as final pricing is due later based on demand.
Vistry Group PLC (LON:VTY) and Redrow PLC (LON:RDW) both reported that housing demand continues to be strong. House prices dipped 0.5% last month after the stamp duty holiday started to be phased out.
JD Wetherspoon PLC (LON:JDW) posted weak sales even though most of its pubs have reopened. The group expects to make a loss in the financial year ending this month and is not televising the football either.
Coro Energy Ltd (LON:CORA) was a bright spot in early deals, surging 37.5% to 11p after the company said it had hit a “world class intersection” during drilling at its Sanankoro gold project in Southern Mali.
Ariana Resources PLC (LON:AAU) meanwhile said first hole results confirmed indications of gold at the Magellan project in Cyprus. The average grade of the mineralised zone returned 128 metres at 0.5% copper and 0.55 grammes a tonne gold.
Seeing Machines Limited (LON:SEE) has signed an agreement with Airservices Australia which will see its technology integrated into the Air Traffic Control (ATC) environment. The AIM-listed firm said the initial programme is valued at around A$250,000.
