Advertisement
FTSE 100 Rebounds Led By Banks
(RTTNews) - U.K. stocks opened higher on Thursday as banks rebounded after Credit Suisse said that it will borrow up to $54 billion from the Swiss National Bank.
HSBC, Lloyds Banking and Barclays climbed 2-3 percent. The benchmark FTSE 100 was up 48 points, or 0.7 percent, at 7,392 after losing 3.8 percent the previous day.
Gold mining Centamin gained 0.8 percent after reporting a rise in FY22 pre-tax profit on higher revenue.
United Utilities fell about 1 percent. The water company confirmed that its Chief Executive Officer, Steve Mogford, is retiring with effect from March 31.
Investec rallied 2.7 percent after the niche bank and wealth manager said it expects a jump operating profit for the year to the end of March 2023.
read more
Eurozone Private Sector Growth At 1-Year High
The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
RTTNews
|
vor 1Std 3 Minuten
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
RTTNews
|
vor 1Std 23 Minuten
FTSE Up Nearly 0.6%; Miners Among Top Gainers
The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
RTTNews
|
vor 2Std 11 Minuten
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%
French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
RTTNews
|
vor 2Std 49 Minuten
Sensex, Nifty End Higher After Choppy Trade
Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
RTTNews
|
vor 3Std 39 Minuten
DAX Moderately Higher As Stocks Recover After Recent Tumble
The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
RTTNews
|
vor 3Std 42 Minuten
European Shares Edge Higher After PMI Data
European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
RTTNews
|
vor 4Std 58 Minuten
Asian Shares Decline On Rising Bond Yields, Tariff Uncertainties
Asian stocks fell broadly on Wednesday, with rising bond yields, tariff-related uncertainties and caution ahead of key U.S. employment data due later in the week keeping investors on edge.
RTTNews
|
vor 5Std 29 Minuten
