FX.co ★ FTSE 100 Up for 4th Session

The FTSE 100 experienced modest gains on Tuesday, marking its fourth consecutive day of upward movement as investors concentrated on corporate earnings reports. Shares of Greggs surged by more than 8%, following the bakery chain's announcement of improved trading conditions and increased revenue growth. In the first 20 weeks of the year, like-for-like sales increased by 2.9%, while overall sales rose by 7.4%. Vodafone shares displayed volatility as the telecommunications giant reported a robust 5.4% growth in Q4 service revenue on an organic basis, surpassing the anticipated 4.2% growth. Additionally, speculation over mergers and acquisitions re-emerged within the insurance sector, with news suggesting that life insurer and pension consolidator Chesnara is contemplating a bid for HSBC’s UK life insurance arm.