National Grid shares gain after Joulent AI deal stirs debate over capex impact
National Grid plc traded higher at midday in London on Friday, bucking a lower FTSE 100. The move came as investors weighed its $1.75 billion investment in supplying power to AI data centres for a second time. AJ Bell showed National Grid trading at 1,241.50p/1,242.00p, up 11.50p, or 0.94%. Volume was 1.15 million shares. Hargreaves Lansdown had the FTSE 100 at 10,620.30, down 32.57 points, or 0.31%.