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Stock impact report

UK shares rise on hopes of coronavirus crisis easing [Reuters (UK)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
UK shares rise on hopes of coronavirus crisis easing - Reuters 4 Min Read (Reuters) - Britain’s stock markets looked set to post weekly gains on Thursday, as investors pinned hopes on the COVID-19 crisis nearing a peak. The blue-chip index .FTSE rose 0.67%. Shares in Just Eat Takeaway ( JETJ.L ), an online food ordering and delivery company, surged 9% to the top of the index after saying total orders for the group jumped 50% in the first quarter. Stock markets globally have gained this week amid signs that coronavirus death toll was levelling off in the U.S. hotspot of New York and receding in hard-hit regions of Europe. New York state set another single-day record of COVID-19 deaths on Wednesday, but officials pointed to a drop in new hospitalizations as evidence that social-distancing curbs were “bending the curve.” “The market is taking generous view of the situation even in the face of what is growing to be an employment crisis in the United States,” said Connor Campbell, financi Show less Read more
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