Live coverage of business, economics and financial markets as German contraction confirmed in second quarter
The biggest gainer on the FTSE 100 this morning is Bunzl, which distributes packaging, cleaning products and personal protective equipment.
It may not be the most glamorous name on London’s benchmark index, but it has wowed investors this morning with a big upgrade to its profit forecast thanks to higher profitability.
I am very pleased with the performance of the group during the first half of 2024, with strong growth in adjusted operating profit for the period.
EUROPE’S STOXX 600 UP 0.2%
BRITAIN’S FTSE 100 UP 0.4%
FRANCE’S CAC 40 UP 0.1%; SPAIN’S IBEX FLAT
EURO STOXX INDEX FLAT; EURO ZONE BLUE CHIPS FLAT