Archived article
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Wednesday 16 December 2015
The headline index extended yesterday’s strong gains as global markets rallied ahead of today's US Federal Reserve interest rate decision with investors expecting a first rise in more than nine years.
“Dixons Carphone (LSE:DC.) headed the blue chip index after it beat first half forecasts with profits up 23%,” says AJ Bell Investment Director Russ Mould.
“The group outperformed its rivals with like-for-like growth in a broadly flat market overall and against very strong comparatives. Investors will be particularly heartened by the group’s strong Black Friday results which has given it a great start to Christmas.
“Domino’s Pizza Group (LSE:DOM) was one of the FTSE 250’s top risers following the launch of a joint venture to acquire Joey’s Pizza, Germany’s biggest pizza chain. Joey’s Pizza has 212 stores in German with annual sales of €143m.
“Heavyweight miners BHP Billiton (LSE:BLT) and Anglo American (LSE:AAL) moved in opposite directions after broker reports. BHP Billiton benefited from an upgrade to move to near the top of the blue chip index in early trading while Anglo American found itself at the foot of the table after a downgrade.”
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