FTSE 100 Slightly Higher In Choppy Trade

RTTNews | 644 dias atrás
Stocktwits
FTSE 100 Slightly Higher In Choppy Trade

(RTTNews) - U.K. stocks edged higher on Thursday, after having opened lower earlier on concerns about inflation and interest rates.

The benchmark FTSE 100 was up 19 points, or 0.3 percent, at 7,445 after losing 0.2 percent on Wednesday.

Miners Anglo American, Antofagasta and Glencore dropped 1-2 percent after China report weak trade data.

Direct Line Insurance Group shares jumped 17 percent after the motor and home insurer posted a first-half operating loss but forecast improved earnings in 2024.

Smurfit Kappa declined 2.4 percent. The packaging giant said it is in discussions to merge with U.S. rival WestRock.

Tobacco firm BAT edged up slightly after selling its Russian and Belarusian businesses to a consortium led by its Russian management team.

In economic releases, the U.K.'s house prices have seen their biggest decline since 2009, with the average home dropping in value by 4.6 percent or £14,000 over the past year, Halifax reported.

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Singapore Bourse May Extend Thursday's Gains

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RTTNews | 31 minutos atrás
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RTTNews | 1h 1min atrás
Win Streak May Continue For South Korea Stock Market

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RTTNews | 1h 31min atrás
New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

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RTTNews | 2h 25min atrás
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Taiwan Shares May Bounce Higher Again On Friday

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RTTNews | 2h 48min atrás
Rebound Anticipated For Japan Stock Market

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The Japan stock market on Thursday ended the four-day winning streak in which it had climbed more than 860 points or 2.5 percent. The Nikkei 225 now sits just beneath the 38,175-point plateau although it may bounce higher again on Friday.
RTTNews | 2h 49min atrás
U.S. Dollar Weakens After Soft PPI Data

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews | 6h 4min atrás
Canadian Market Up Slightly In Cautious Trade

Canadian Market Up Slightly In Cautious Trade

After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors. The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.
RTTNews | 7h 48min atrás
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