Good morning from London where the FTSE 100 is off to a positive start despite some fear for the oil price and growing tension in the Middle East.
Here in the UK though, Next PLC is the big gainer so far today, with its share price benefiting from news that it plans to acquire rival high street fashion company FatFace. Boohoo shares also opened higher on news Mike Ashley’s Frasers had once again increased its holding in the company, which now sits at just over 15.1%.
Software firm Cerillion shares climbing as well after signalling profits should come in ahead of expectations thanks to strong second-half trading.
GSK was among those falling early on though, as news that its endometrial cancer drug Jerperli was recommended for approval in Europe failed to sway investors.
Also opening lower was Audioboom, which signalled lower revenue and a loss for the first nine months of the year.
And finally in small caps, Helium One Global shares rose early on after telling investors drilling was back underway at its Tanzanian project after a rig repair.
