• UK stock market morning note (September 18, 2015)

    The FTSE 100 is called to open flat to slightly lower this morning following the mixed overnight performances on Wall Street and in Asia after the US Federal Reserve left interest rates unchanged citing global economic and financial developments and noting that the risks to the US economy remained nearly balanced for its decision. There is no major economic data due for release today as we end a busy week. Commodity prices are weaker and on the foreign exchanges, the pound is mixed against the dollar and the euro but all the key currencies are within narrow trading ranges. It is also a quiet day for major corporate news.

    Company Announcements


    The company has welcomed the decision today by the Competition and Markets Authority to give full clearance on its proposed acquisition of 99p Stores and will now move to complete the deal by the end of September. It added that further information on its plans for 99p Stores will be given with the Interim Results due out on 19 November 2015.

    Contributed by SVS Securities
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