The market opened little modified however shares in Carpetright took a beating after it reported falling earnings.
The FTSE 100 share index was up simply 2.four factors in early commerce at 6,892.82.
Nevertheless, there was extra motion exterior the highest index. Carpetright shares fell 7.5% after it reported a 42% drop in half-year earnings to £four.1m.
The retailer admitted it had suffered a “difficult” first half, with shopper demand “uneven” and the autumn within the pound elevating the price of imports.
Nevertheless, Carpetright mentioned the second half of its monetary 12 months had seen a “promising begin”, with like-for-like gross sales up 2.6%.
Shares in NCC Group dived practically 14% after the cyber safety agency issued a revenue warning.
NCC – a FTSE 250 firm – had mentioned in October that three contracts had been cancelled and one deferred, and in its newest replace it mentioned it did “not anticipate to make up this profitability within the present monetary 12 months”.
It’s now predicting a 5% rise in full-year earnings to £45.5m-£47.5m, beneath earlier expectations.