FTSE 100 Rises In Cautious Trade
(RTTNews) - U.K. stocks eked out modest gains in cautious trade on Tuesday as investors eagerly await the U.S. presidential election result as well as interest-rate decisions from the Bank of England and the Federal Reserve later this week.
The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,208 after finishing marginally higher on Monday.
Associated British Foods rallied 2.7 percent as the Primark owner reported strong financial results for the year ending 14 September 2024, driven by revenues growth in its retail and foods businesses.
Fashion retailer ASOS slumped 7.5 percent after reporting a widened pretax loss for fiscal 2024.
Asset manager Schroders plummeted almost 12 percent after it reported £2.3 billion ($3 billion) of quarterly outflows and warned of more to come.
Infrastructure group Balfour Beatty gained 1 percent on winning a $746 million (£575 million) Texas Interstate contract.
Canadian Dollar Eases Against Most Majors
Swiss Market Ends On Weak Note; Pharma Stocks Among Major Losers
European Markets Close Mostly Flat
Canadian Market Drifts Lower On Profit Taking
U.S. Consumer Sentiment Deteriorates Much More Than Expected In September
UK Economy Flatlines In July
Bay Street Likely To Open On Mixed Note
