Johnson Matthey surges after China clears Honeywell deal, cash return now in play
The London Stock Exchange closed for the weekend following its usual Friday trading, with normal hours between 8:00 a.m. and 4:30 p.m. BST. Johnson Matthey Plc goes into Monday’s session above 2,000p, as a rally late in the week lifted the shares. Johnson Matthey closed Friday at 2,014p, up 95p, after Honeywell International Inc got clearance from China’s market regulator for its Catalyst Technologies deal. The move sent shares to their highest close since June 25 and left them up nearly 10 times the FTSE 250’s 0.5% gain.
