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FTSE 100 Gains Led By Energy Stocks

RTTNews | Před 792 dny

FTSE 100 Gains Led By Energy Stocks

(RTTNews) - U.K. stocks advanced on Monday as higher oil prices lifted energy stocks. Miners also surged after a private survey showed stronger-than-expected growth in China's services sector in May on improved demand.

The benchmark FTSE 100 was up 42 points, or 0.6 percent, at 7,649 after gaining 1.6 percent on Friday.

Miners Anglo American and Glencore rose around half a percent each while oil & gas firm BP Plc rallied 1.2 percent and Shell added 1 percent.

Sirius Real Estate rallied 3 percent. The company lifted dividend despite reporting a slump in annual profit.

Hunting rose over 2 percent after it entered into a 10-year Strategic Partnership with Zhejiang Jiuli Hi-Tech Metals Co.

Polymetal tumbled 3.6 percent after saying it was considering divestment of its Russian business.

Further, the chief executive officer and chief financial officer have resigned from their positions at the Russian subsidiary.

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U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.

RTTNews | Před 18 minutami

U.S. Trade Deficit Narrows Slightly More Than Expected In June

U.S. Trade Deficit Narrows Slightly More Than Expected In June

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.

RTTNews | Před 1 h 23 min

Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.

RTTNews | Před 1 h 25 min

Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.

RTTNews | Před 1 h 37 min

FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.

RTTNews | Před 2 h 6 min

Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.

RTTNews | Před 2 h 16 min

CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.

RTTNews | Před 2 h 37 min

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.

RTTNews | Před 3 h 9 min

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