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FTSE 100 Notably Higher; Next Slumps After Warning Of Difficult Year
(RTTNews) - U.K. stocks advanced on Wednesday, as banking fears continued to ease and data showed U.K. mortgage approvals rose more than expected in February, despite higher borrowing costs.
The benchmark FTSE 100 was up 48 points, or 0.7 percent, at 7,533 after gaining 0.2 percent on Tuesday.
Oil & gas firm Shell rose 1.1 percent as oil prices rose for a third straight session on industry data showing a drop in U.S. crude inventories.
Next slumped 5.6 percent after the clothing retailer kept its guidance for a 1.5 percent decline in full-price sales and profit of 795 million pounds for 2023-24.
Components and solutions provider Essentra added 1.2 percent after launching a share buyback.
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Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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37 minutos atrás
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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1h 7min atrás
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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1h 22min atrás
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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1h 37min atrás
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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2h 37min atrás
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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4h 5min atrás
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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7h 43min atrás
Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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11h 58min atrás
