The London markets traded on a mixed note, reflecting diminishing investor confidence regarding the latest UK GDP data. FTSE 100 traded higher by around 0.52%, as investors are anticipating upcoming earnings result from UK Banks. The UK’s GDP declined by 9.9% during 2020 due to Covid-19 pandemic.
Fuel retailer Vivo Energy had estimated full-year core earnings more than the market expectations. The Company had recommended an FY20 dividend of 3.8 cents per share. Its shares jumped by about 4.99%.