Home news FTSE 100 up as sterling's slide continues

FTSE 100 up as sterling's slide continues


The pound continued to fall on Friday as uncertainty over Theresa May’s future as prime minister hit the currency.After sliding by nearly 1% against the dollar on Thursday, sterling fell a further 0.3% to $1.3077. Against the euro, the pound fell 0.1% to €1.1190.The FTSE 100 share index rose 12.14 points in early trade to 7,520.13.Shares in EasyJet fell 0.9% despite the airline saying its full-year profits would be at the upper end of forecasts. It expects to report profits of between £405m and £410m for the year to 30 September. The carrier described this as “a good performance” in a “rapidly evolving” market.NMC Health was the biggest riser on the FTSE 100, climbing 2% after analysts at Berenberg gave the private healthcare provider a “buy” rating.
Source: BBC