Despite strong trading in the US overnight the FTSE 100 opens broadly flat on Thursday morning as traders await July's retail sales figures. The index is down 2.16 points at 7,430.37.
DIY retailer Kingfisher (KGF) falls 3.6% to 298p as sales fall 1.9% in the second quarter and the owner of B&Q and Screwfix remained cautious on the outlook in its key markets - the UK and France - for the remainder of the year.
Copper miner KAZ Minerals (KAZ) reports revenue more than doubled in the six months to 30 June to $837m driven by higher volumes and commodity prices. Net debt is also lower falling to $2.44bn. The shares are up 3.4% to 718.7p
Generic pharmaceuticals specialist Hikma Pharmaceuticals (HIK) dives 8.2% to £12.20 as it reports a 6% fall in first half earnings per share despite rising sales. The company also trims full year revenue guidance from $2bn to $2.1 bn to 'around $2bn' thanks to tougher market conditions.
Technology commercialisation specialist Allied Minds (ALM) falls 6.8% to 15op as first half numbers reveal a widened loss of $58.2m compared with $52.2m a year earlier.
