Blockbuster, £1 billion Spirent bid helps FTSE 250 rise
The latest major bid for a London-listed company had helped the City’s second-tier stock index rise overall in morning trade.
London’s FTSE 250 is outperforming the top-tier index, with the FTSE 100 flat in morning trade.
A blockbuster £1 billion bid for Spirent is helping keep the FTSE 250 positive in London, outperforming the top-tier index, with the FTSE 100 flat.
The FTSE 250 is up almost 53 points overall at 19,301.91, a rise of 0.3%, while the FTSE 100 is flatlining.
A 60% surge for transatlantic takeover target Spirent is making the difference. The Crawley-based telecoms testing firm is up at 172.4p on the brink of the cash offer’s price of 175p per share, including a dividend payout.
Overall, the FTSE 250 fell 48 points to 19,200.87.
Financial stocks are under pressure in opening trade as the FTSE 100 continues to drift lower, with traders looking ahead to tomorrow’s Budget for a full sense of direction.
The main London stock index started the day down 22 points at 7618.75, a slip of 0.3%.
Financial stocks and miners stood out on the list of fallers. Barclays was down 1.8p, or 1.1%, to 169p. Prudential fell 8p to 765p, also a drop of 1%.
Fresnillo, the Mexican silver miner, was up 21p, or 1.5% at 478p.
The above is the detailed content of Blockbuster, £1 billion Spirent bid helps FTSE 250 rise. For more information, please follow other related articles on the PHP Chinese website!

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

The cryptocurrency market offers numerous investment opportunities, with Dogecoin (DOGE) and Shiba Inu (SHIB) being popular options among meme coins.

Bitcoin's trajectory has captured the imagination of investors, with ARK Invest's latest research update painting a transformative picture for the cryptocurrency's future.

Jed McCaleb's 2014 departure from Ripple sparked rumors, but was likely part of a strategy.

What if the next meme coin to make serious waves isn't trending yet, but hiding in the shadows of Telegram chats and crypto Twitter threads?

A clear underdog coming into the series thanks to injuries to Miro Heiskanen and Jason Robertson

The virtual currency market continues to display impressive recovery, with alternative cryptocurrencies gaining ground, driven by Bitcoin's recent resurgence.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

SublimeText3 English version
Recommended: Win version, supports code prompts!

SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

Dreamweaver Mac version
Visual web development tools

Notepad++7.3.1
Easy-to-use and free code editor

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool
