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Stock impact report

London's FTSE 100 opens higher on miners' boost [Reuters]

Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN) 
Company Research Source: Reuters
Base metal miners (.FTNMX551020) , opens new tab gained 0.9%, propped by upbeat industrial output and retail sales data from top metal consumer China , in turn lifting the resource-heavy FTSE 100 (.FTSE) , opens new tab 0.2% as of 0823 GMT. Shares of Reckitt Benckiser (RKT.L) , opens new tab jumped 5.7% and also boosted the benchmark index after slumping around 14% on Friday. On the flip side, Haleon (HLN.L) , opens new tab was among the worst performers, down 2.3% after U.S. drugmaker and top shareholder Pfizer said it would reduce its stake in the toothpaste maker to about 24%. The mid-cap FTSE 250 (.FTMC) , opens new tab edged 0.2% lower, led by an 11% fall in Marshalls (MSLH.L) , opens new tab as the landscaping and roofing products supplier flagged lower revenue for 2024 on slower-than-expected recovery. Investors' focus this week would be on the domestic inflation data for February due on Wednesday, a day before the Bank of England's interest rate decision. The ce Show less Read more
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