FTSE 100 Dips In Cautious Trade Ahead Of US Jobs Report

RTTNews | vor 535 Tagen
FTSE 100 Dips In Cautious Trade Ahead Of US Jobs Report

(RTTNews) - U.K. stocks traded lower on Friday ahead of the release of key U.S. jobs data later in the day that could influence the Fed's rate trajectory.

The benchmark FTSE 100 was down 18 points, or 0.2 percent, at 7,674 after edging up 0.2 percent on Thursday.

Packaging firm Mondi gave up more than 2 percent as it announced an agreement in principle for a potential all-share offer to acquire its smaller rival DS Smith for £5.14bn. DS Smith shares soared 7 percent.

Electrical and telecommunications retailer Currys dropped 1.2 percent after it confirmed the sale of its business in Greece and Cyprus for around £156 million.

Information services provider Informa advanced 1.3 percent after underlying revenue grew 30 percent in 2023.

read more
Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | vor 4Std 22 Minuten
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | vor 4Std 39 Minuten
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | vor 5Std 48 Minuten
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | vor 6Std 0 Minuten
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | vor 6Std 18 Minuten