FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook - Market Report

Proactive - Interviews for investors

Good morning from London where the FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive note, JD Sport pleased the market with an optimistic full-year report, in which it said conditions would improve this year and that it was outperforming rivals. Elsewhere, Spirent Communications soared after accepting a takeover offer from Keysight, which represented a 14% premium on its share price at Wednesday’s close. And finally, ONS figures released on Thursday morning revealed the UK’s technical recession over the second half of last year was slightly less severe than previously thought, with growth flat over the third quarter and down 0.3% in the fourth. #ProactiveInvestors #marketreport #ftse #footsie #ftse100 #jdsport #thameswater #spirentcommunications #ons #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews