FTSE 100 Gains As Commodity Stocks Rise

RTTNews | Před 486 dny
FTSE 100 Gains As Commodity Stocks Rise

(RTTNews) - U.K. stocks advanced on Monday as higher commodity prices lifted mining and energy stocks.

The benchmark FTSE 100 was up 19 points, or 0.2 percent, at 8,439 after losing 0.2 percent on Friday.

Miner Antofagasta rose half a percent and Glencore added 1.3 percent as copper prices surged to record highs in the wake of fresh Chinese stimulus measures to help boost the country's property market.

Oil & gas giant BP Plc climbed 0.8 percent and Shell added half a percent as oil prices rose amid uncertainty in major producing countries.

Shares of Keywords Studios jumped 62 percent after the company said that it is in talks with European private equity company EQT Group over a possible cash offer worth 2,550 pence a share.

British Land fell about 1 percent after selling its stake in the Meadowhall Shopping Centre in Sheffield, U.K. for 360 million pounds to Norges Bank Investment Management.

read more
Major European Markets Close On Firm Note

Major European Markets Close On Firm Note

The major European markets closed higher on Thursday, with investors reacting positively to the Federal Reserve's rate cut and its comments suggesting more easing this year. The Bank of England left interest rates unchanged, as widely expected.
RTTNews | Před 14 minutami
Technology Stocks Shine; TSX Up Nearly 0.5%

Technology Stocks Shine; TSX Up Nearly 0.5%

After opening marginally up, the Canadian market moved ahead Thursday morning, and remains firmly in positive territory a little before noon. Technology stocks have recovered from previous session's losses, contributing significantly to market's upmove.
RTTNews | Před 2 h 5 min
U.S. Leading Economic Index Falls Much More Than Expected In August

U.S. Leading Economic Index Falls Much More Than Expected In August

Leading U.S. economic indicators fell by much more than expected in the month of August, according to a report released by the Conference Board on Thursday. The Conference Board said its leading economic index slid by 0.5 percent in August after inching up by a revised 0.1 percent in July. Economists had expected the leading economic index to edge down by 0.1 percent.
RTTNews | Před 3 h 11 min
Philly Fed Index Surges To Eight-Month High In September

Philly Fed Index Surges To Eight-Month High In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.
RTTNews | Před 3 h 52 min
Bank Of England Holds Key Rate; Slows Quantitative Tightening

Bank Of England Holds Key Rate; Slows Quantitative Tightening

The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.
RTTNews | Před 3 h 53 min
U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | Před 3 h 57 min
U.S. Weekly Jobless Claims Pull Back More Than Expected

U.S. Weekly Jobless Claims Pull Back More Than Expected

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | Před 5 h 13 min