FTSE100 called to open higher as Greek PM seeks to sell deal


(MENAFN- ProactiveInvestors)FTSE100 is called to open a tad higher on Tuesday after yesterday's momentous third provisional bailout deal for debt-ridden Greece was struck. The UK benchmark is tipped to open around two points higher having closed at 6738 up 65 points on Monday. Footsie rallied along with other global indices as investors hailed the agreement which aims to keep the country in the Eurozone followed lengthy talks finishing up on Monday morning. But the story is very far from over. A bleary eyed PM Alexis Tsipras must now get the agreement signed off by the Greek parliament which may not be that straightforward not least since the concessions made to Euro creditors appear to be worse than previously according to commentators. Then there will no doubt be a host of markers as the rescue package is potentially delivered.. Asian stocks were also buoyed by the news in the main. Japan's Nikkei 225 soared 330 points to 20420 howver China's Shanghai Composite Index eased around 12 points. On Wall Street the Dow Jones closed 218 points ahead at 17978 while the German Dax gained a whopping 168 points. On the corporate front Carillion (LON:CLLN) will announce second quarter sales and revenue in a trading statement. After last week's announcement by Balfour Beatty (LON:BBY) that the company issued yet another profit warning investors will be thanking their lucky stars that the £2bn bid Carillion made for the company was beaten away last year.


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