Yet another record close
The FTSE 100 closed at yet another record today, finishing the day up 0.5% at 8,354.05.
It hit a new intraday high of 8364 in the mid-afternoon.
Top risers included airlines IAG and EasyJet, while Ocado and Phoenix were among the big fallers.
The FTSE 100 has now gained almost 550 points since 16 April.
John Wood Group rebuffs takeover offer from Dubai-based rival Sidara
Engineering firm John Wood Group said it has turned down a £1.42 billion buyout offer by Dubai-based rival Sidara on Wednesday.
The FTSE 250 firm, which provides oilfield and engineering services, said in a stock market update that it had rejected the offer because it “undervalued Wood and its future prospects”.
The offer of 205p per share represented a 35.5% premium on Wood’s closing price when it was made on April 30.
Energy bosses call for ‘progressive social tariff’ on bills amid price hikes
The …
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