FTSE 100 Modestly Higher On Fed Rate Cut Hopes

RTTNews | Před 496 dny
FTSE 100 Modestly Higher On Fed Rate Cut Hopes

(RTTNews) - U.K. stocks were seeing modest gains on Wednesday amid hopes that the U.S. Federal Reserve is on track to start cutting interest rates later this year.

The benchmark FTSE 100 was up 29 points, or 0.3 percent, at 8,457 after closing 0.2 percent higher on Tuesday.

Credit data firm Experian soared nearly 8 percent after it forecast annual organic revenue growth of between 6 percent and 8 percent for fiscal year 2025.

Drinks company Britvic surged 11 percent after posting a jump in interim profit and revenue and announcing a £75m share buyback.

Engineering group Hunting soared 23 percent on news of a new order win worth $145 million from the Kuwait Oil Company.

Telecom group Vodafone advanced 4.6 percent after launching a €500 million share buyback program.

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Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in five straight sessions, shedding more than 35 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it may take further damage again on Wednesday.
RTTNews | Před 30 minutami
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in post-holiday trading on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,450 level, with a lack of direction leading to a mixed performance across most sectors.
RTTNews | Před 55 minutami
Indonesia Stock Market May Be Stuck In Neutral On Wednesday

Indonesia Stock Market May Be Stuck In Neutral On Wednesday

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,125-point plateau although it's due for profit taking on Wednesday.
RTTNews | Před 1 h 0 min
Lower Open Expected For Hong Kong Stock Market

Lower Open Expected For Hong Kong Stock Market

The Hong Kong stock market has finished lower in two straight sessions, shedding almost 400 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 26,160-point plateau and it's tipped open under pressure again on Wednesday.
RTTNews | Před 1 h 15 min
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,000 mark, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
RTTNews | Před 1 h 25 min
China Shares Tipped To Open Under Water On Wednesday

China Shares Tipped To Open Under Water On Wednesday

The China stock market turned lower again on Tuesday, one day after snapping the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,820-point plateau and the losses may accelerate on Wednesday.
RTTNews | Před 1 h 30 min
Taiwan Stock Market May Spin Its Wheels On Wednesday

Taiwan Stock Market May Spin Its Wheels On Wednesday

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 675 points or 2.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 26,250-point plateau although it's expected to be stuck in neutral on Wednesday.
RTTNews | Před 2 h 0 min
Singapore Bourse May Hand Back Tuesday's Gains

Singapore Bourse May Hand Back Tuesday's Gains

The Singapore stock market on Tuesday finally halted the seven-day losing streak in which it had slumped more than 55 points or 1.3 percent. The Straits Times Index now sits just above the 4,300-point plateau although it may head south again on Wednesday.
RTTNews | Před 2 h 30 min