FTSE 100 Marginally Higher After Recent Losses

RTTNews | vor 579 Tagen
FTSE 100 Marginally Higher After Recent Losses

(RTTNews) - U.K. stocks were steady on Thursday after a three-day slump on worries about inflation and interest rates.

The benchmark FTSE 100 was marginally higher at 7,450 after losing 1.5 percent on Wednesday.

J Sainsbury, a chain of grocery stores, rose half a percent after an announcement that it is exploring a number of options for its financial services division.

Mining giant BHP fell about 1 percent after flagging possible writedowns at its nickel unit.

Kier Group added about 2 percent. The construction firm said its performance in the first half of its fiscal year remained ahead of last year's.

Watches Of Switzerland plummeted 26 percent after the luxury watch retailer cut its FY24 revenue guidance.

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Canadian Market Modestly Lower In Cautious Trade

Canadian Market Modestly Lower In Cautious Trade

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Swiss Market Ends On Strong Note

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European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

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U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

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Bay Street May Open On A Slightly Positive Note

Bay Street May Open On A Slightly Positive Note

Canadian shares look headed for a slightly positive start on Tuesday, tracking steady European markets amid hopes of a Russia-Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good."
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FTSE 100 Modestly Higher

FTSE 100 Modestly Higher

The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.
RTTNews | vor 9Std 6 Minuten