- FTSE 100 up 25 points
- JD Sports gets boost from Nike results
- Malta tightens rules for UK arrivals
1.40pm: JD Sports leads big-cap risers after record Nike results
The FTSE 100 took a decisive direction for the first time on Friday, surging 25 points to 7,135 in the early afternoon.
() was the lead riser in the index, jumping 3% to 944.2p, after sportwear giant Nike posted record results.
Quarterly sales slam-dunked the US$12bn mark for the first time in the Beaverton, Oregon company’s 50-year history, up 96% on the pandemic hit period a year ago to US$12.3bn and 21% higher than two years ago.
The ‘athleisure’ retailer, however, is still set for a controversial AGM next week amid criticism for the £4.3mln worth bonuses awarded to executive chairman Peter Cowgill.
It doesn’t sit right with many advisory groups as the company has received government support during the pandemic.
12.50pm: Malta to let travellers from UK skip quarantine if fully vaccinated
The FTSE 100 was treading water at lunchtime, adding 12 points to 7,122.
UK travellers will be able…
