FTSE 100 Notably Lower, As Stocks Fall For 2nd Straight Session

RTTNews | vor 4 Tagen
FTSE 100 Notably Lower, As Stocks Fall For 2nd Straight Session

(RTTNews) - U.K. stocks are showing weakness on Friday, extending losses from the previous session, weighed down by losses at several counters from across various sectors.

Mining stocks are hurt due to weak metal prices amid worries about China's economic growth.

The benchmark FTSE 100 was down 72.43 points or 0.74% at 9,663.35 nearly an hour past noon.

RightMove plummeted 22% this morning, falling to the lowest level in two years, after the company lowered its earnings guidance. Despite recovering some ground, the stock is down as much as 14%.

IAG is down more than 9% after it posted a drop in net profit and flat revenue in the third quarter, hit by weak demand for economy class seats on transatlantic flights.

Auto Trader Group, BT Group, Metlen Energy & Metals, Experian, Sainsbury (J), Relx, Easyjet, IMI, Intertek Group, Pearson and Mondi are down 2 to 4%.

Hikma Pharmaceuticals is gaining nearly 1.5%. Coca-Cola Europacific Partners, Intercontinental Hotels Group, WPP, Land Securities, Hiscox, Airtel Africa and AstraZeneca are up 0.3 to 1%.

In economic news, U.K. house prices grew 0.6% month-on-month in October, which was the fastest since January as market activity remained strong ahead of Autumn Budget, mortgage lender Halifax reported.

read more
Sensex, Nifty Extend Gains As IT Stocks Surge

Sensex, Nifty Extend Gains As IT Stocks Surge

Indian shares opened on a buoyant note Wednesday, with IT stocks surging amid positive global cues and on growing optimism over a potential trade deal with the United States.
RTTNews | vor 1Std 40 Minuten
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,800 level, following the mixed cues from Wall Street overnight, with gains in mining and energy stocks partially offset by weakness in technology stocks.
RTTNews | vor 3Std 6 Minuten
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Wednesday, following the mixed cues from Wall Street overnight, amid optimism about an end to the record-setting U.S. government shutdown of 42 days and expectations of the US Fed cutting interest-rate next month. Traders largely shrugged off worries about the economic impact of the shutdown. Asian markets closed mixed on Tuesday.
RTTNews | vor 3Std 12 Minuten
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening a tad higher on Wednesday, tracking mostly positive cues from global markets.
RTTNews | vor 3Std 44 Minuten
Mild Rebound Anticipated For Thai Stock Market

Mild Rebound Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,300-point plateau although it's expected to move back to the upside again on Wednesday.
RTTNews | vor 4Std 20 Minuten
Indonesia Shares Poised To End Losing Streak

Indonesia Shares Poised To End Losing Streak

The Indonesia stock market has moved lower in back-to-back sessions, slumping almost 30 points or 0.4 percent along the way. The Jakarta Composite Index now sits just above the 8,360-point plateau although it's expected to find traction on Wednesday.
RTTNews | vor 4Std 50 Minuten
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 50,900 level, with gains in automakers and financial stocks partially offset by weakness in technology stocks.
RTTNews | vor 4Std 51 Minuten
Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

The Hong Kong stock market has moved higher in two straight sessions, advancing almost 450 points or 2 percent along the way. The Hang Seng Index now rests just beneath the 26,700-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | vor 5Std 5 Minuten