The FTSE 100 stormed to a new record high after the strong performance on Wall Street overnight as meme stock fever took hold.
In early trades the Footsie had added 44 points at 8,472, mirroring the big gains seen on all three US indices.
Experian (LSE:EXPN) led the FTSE 100, jumping 7.5% on the back of final results, which boss Brian Cassin boasted were at the top end of expectations. For FY25, he said the company expects further strategic progress and expects to deliver organic revenue growth in the range of 6-8%, adding he is also expecting profit margin expansion.
Cigarette maker Imperial Brands was another riser though its first half was more mixed with price rises and reduced losses from new technologies offset by currency movements. Underlying operating profits of £1.67 billion were in line with the pre-announcement forecasts.
And there might soon be an IPO in London, Raspberry Pi, a pioneer of affordable, high-performance single-board computers, announced an 'expected intention to float', though as yet there is no timetable for the listing or a price tag.
