FTSE 100 Gains As Investors Look To BoE

RTTNews | vor 573 Tagen
FTSE 100 Gains As Investors Look To BoE

(RTTNews) - U.K. stocks opened the week on a positive note ahead of a busy week of central bank meetings.

The Bank of England is to hold its penultimate meeting of the year on Thursday, with economists anticipating a 'status quo policy update.'

The benchmark FTSE 100 was up 57 points, or 0.8 percent, at 7,348 after declining 0.9 percent on Friday.

Ascential soared 35 percent after the information and analytics firm said it would sell its digital commerce and consumer research units for a combined enterprise value of 1.4 billion pounds ($1.70 billion).

Commodity trader and miner Glencore rose 1.2 percent despite cutting its 2023 nickel production guidance.

Frasers Group added 1.5 percent as it announced divestment of the IP of Missguided to Chinese clothing giant Shein.

Premier Foods rose 1.1 percent after buying breakfast brand FUEL10K in a £34m deal. Reckitt Benckiser advanced 1.4 percent after launching the first tranche of its share buyback program.

read more
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street and Europe on Friday, on renewed trade and tariff concerns after US President Donald Trump threatened to impose 50 percent tariffs on imports from the European Union beginning June 1. However, Trump agreed to delay a sweeping 50 percent tariff on EU imports until July 9 over the weekend.
RTTNews | vor 37 Minuten
Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline

Indian shares look set to open higher on Monday, tracking gains in U.S. index futures and mostly positive cues from Asian markets after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
RTTNews | vor 1Std 4 Minuten
Thai Bourse May Hand Back Friday's Gains

Thai Bourse May Hand Back Friday's Gains

The Thai stock market on Friday snapped the tw0-day slide in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,175-point plateau although it may head south again on Monday.
RTTNews | vor 1Std 37 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, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving up to near the 37,400 level, with gains in index heavyweights, automakers and technology stocks.
RTTNews | vor 2Std 5 Minuten
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, gathering more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just above the 7,210-point plateau, although the rally may stall on Monday.
RTTNews | vor 2Std 7 Minuten
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market bounced higher again on Friday, one day after snapping the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,600-point plateau although it's tipped to open in the red on Monday.
RTTNews | vor 2Std 22 Minuten
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying near the 8,350.00 level, with a mixed performance across most sectors. Gold miners were the only bright spot
RTTNews | vor 2Std 37 Minuten
China Shares Likely To Open To The Downside Again On Monday

China Shares Likely To Open To The Downside Again On Monday

The China stock market has moved lower in two straight sessions, falling almost 40 points or 1.2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,350-point plateau and it's looking at another soft start again on Monday.
RTTNews | vor 2Std 37 Minuten