FTSE 100 Live 27 June: Currys upbeat amid AI potential, Halfords in profit reverse
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2024
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Source: Yahoo Finance
- Moonpig Shares Surge: Moonpig shares rose by 10% after the company reported a significant increase in profits and strong trading.
- Retail Sector Focus: The retail sector, including companies like Halfords, Currys, and Watches of Switzerland, is in focus due to recent results.
- FTSE 100 Performance: The FTSE 100 index saw cautious trading amid interest rate uncertainty, with some retailers struggling while others surged.
- Amazon Hits $2 Trillion: Amazon's market value surpassed $2 trillion for the first time, contributing to a positive Wall Street session.
- Halfords Annual Profit Decline: Halfords reported an 8% drop in annual profit, citing struggles in cycling and consumer tires markets post-pandemic.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
