FTSE 100 Rallies As House Prices Hold Steady In April

RTTNews | Před 503 dny
FTSE 100 Rallies As House Prices Hold Steady In April

(RTTNews) - U.K. stocks rallied on Tuesday, touching a record high as talks to secure a ceasefire in Gaza continued.

Investors cheered data from the mortgage lender Halifax showing that house prices in the U.K. were steady in April after falling in March.

The benchmark FTSE 100 was up 86 points, or 1.1 percent, at 8,299 as trading resumed after a bank holiday on Monday.

Housebuilder Barratt Developments jumped 1.2 percent and Persimmon added 1.6 percent. Ferrexpo jumped 3 percent. The Swiss iron ore company with assets in Ukraine issued an update on proceedings against its Ukrainian subsidiary Ferrexpo Poltava Mining.

The company said it has decided to make a partial payment of the bail approved by the Kyiv Court of Appeal on April 29 for Viktor Lotous, the General Director and Chair of the FPM Management Board, in connection with royalty related investigation.

Office-space provider IWG was marginally lower after reporting flat revenue for first quarter of 2024.

Oil & gas giant BP Plc dropped half a percent after first-quarter profit missed estimates.

read more
European Shares Seen Mostly Lower In Cautious Trade

European Shares Seen Mostly Lower In Cautious Trade

European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.
RTTNews | Před 2 h 39 min
China Leaves Key Interest Rates Unchanged

China Leaves Key Interest Rates Unchanged

The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews | Před 2 h 50 min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | Před 4 h 47 min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
RTTNews | Před 5 h 7 min
Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.
RTTNews | Před 5 h 43 min
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
RTTNews | Před 5 h 59 min
Thai Stock Market Due For Support On Monday

Thai Stock Market Due For Support On Monday

The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
RTTNews | Před 6 h 20 min