FTSE 100 Gives Up Early Gains

RTTNews | vor 701 Tagen
FTSE 100 Gives Up Early Gains

(RTTNews) - U.K. stocks drifted lower on Friday, giving up early gains on lingering worries about inflation and interest rates.

The benchmark FTSE 100 dropped 37 points, or half a percent to 7,404 after edging up 0.2 percent the previous day.

Property developer and house-builder Berkeley Group Holdings fell about 1 percent despite reaffirming its earnings guidance.

Restaurant Group jumped more than 5 percent after Chairman, Ken Hanna announced his decision not to seek re-election at the next AGM during 2024 due to personal reasons. Computer services provider Computacenter soared 7 percent.

The corporate and public sector technology provider reported 'extraordinary growth" in first-half revenue, driven particularly by growth in Technology Sourcing revenue.

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Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | vor 18Std 57 Minuten
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | vor 19Std 21 Minuten
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | vor 23Std 54 Minuten
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | vor 1 Tagen
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | vor 1 Tagen