FTSE 100 Inches Higher Led By Miners

RTTNews | vor 704 Tagen
FTSE 100 Inches Higher Led By Miners

(RTTNews) - U.K. stocks edged higher on Tuesday as higher base metal prices lifted mining stocks. The benchmark FTSE 100 was up 17 points, or 0.2 percent, at 7,585 after inching up 0.1 percent on Monday.

Miners Anglo American, Antofagasta and Glencore jumped 2-4 percent after China's central bank lowered a short-term lending rate for the first time in 10 months.

Tatton Asset Management rallied 2.8 percent after reporting a rise in FY23 pre-tax profit and assets.

British Gas owner Centrica fell more than 1 percent. After posting strong performance for the first five months of the year, the energy company forecast 2023 earnings at the top end of analysts' views.

Equipment rental firm Ashtead was down 0.6 percent despite reporting higher annual profit and revenue.

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U.S. Dollar Higher On Trade Hopes

U.S. Dollar Higher On Trade Hopes

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Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

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European Stocks Close Week On Positive Note

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Canadian Market Recovers After Weak Start; TSX Up Marginally

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U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
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Eurozone Trade Surplus Surges On Exports To US

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The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
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