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FTSE 100 Live: Stocks called higher ahead of retail sales

Published 17/11/2023, 07:00
© Reuters.  FTSE 100 Live: Stocks called higher ahead of retail sales
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Proactive Investors - The FTSE 100 is expected to open higher on Friday ahead of retail figures which are expecte to show modest growth.

Spread betting companies are calling London's lead index up by around 16 points after closing 75.94 points, 1.0%, at 7,410.97 on Thursday.

Retail sales are expected to have grown 0.3% growth on a monthly basis, compared to a 0.9% decline in September, when figures are released.

In New York, Wall Street closed little changed with the Dow Jones Industrial Average down 0.1%, the S&P 500 up 0.1% and the Nasdaq Composite up 0.1%.

Back in London, and with the corporate diary looking fairly quiet, London Stock Exchange Group (LON:LSEG) will attract early attention as its Capital Markets Day event moves into its second day.

After the London close Thursday, the firm unveiled plans for a £1 billion share buyback in 2024 alongside expectations for higher growth.

Read more on Proactive Investors UK

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