FTSE 100 Slightly Higher In Choppy Trade

RTTNews | vor 647 Tagen
Stocktwits
FTSE 100 Slightly Higher In Choppy Trade

(RTTNews) - U.K. stocks edged higher on Thursday, after having opened lower earlier on concerns about inflation and interest rates.

The benchmark FTSE 100 was up 19 points, or 0.3 percent, at 7,445 after losing 0.2 percent on Wednesday.

Miners Anglo American, Antofagasta and Glencore dropped 1-2 percent after China report weak trade data.

Direct Line Insurance Group shares jumped 17 percent after the motor and home insurer posted a first-half operating loss but forecast improved earnings in 2024.

Smurfit Kappa declined 2.4 percent. The packaging giant said it is in discussions to merge with U.S. rival WestRock.

Tobacco firm BAT edged up slightly after selling its Russian and Belarusian businesses to a consortium led by its Russian management team.

In economic releases, the U.K.'s house prices have seen their biggest decline since 2009, with the average home dropping in value by 4.6 percent or £14,000 over the past year, Halifax reported.

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Canadian Dollar Higher Amid Rising Oil Prices

Canadian Dollar Higher Amid Rising Oil Prices

The Canadian dollar advanced against its most major counterparts in the New York session on Friday amid a spike in oil prices after Israel launched fresh wave of attacks on Iran.
RTTNews | vor 1 Tagen
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FTSE 100 Falls Amidst Israel-Iran Conflict

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RTTNews | vor 1 Tagen
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Eurozone trade surplus declined to a three month low in April as demand from the US softened following tariff hikes, official data revealed on Friday. The trade surplus declined to EUR 9.9 billion in April from EUR 37.3 billion in March, Eurostat reported. This was the lowest surplus since January. In the same period last year, the surplus totalled EUR 13.6 billion.
RTTNews | vor 1 Tagen
Geopolitical Tensions Drag Down CAC 40

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An escalation in geopolitical tensions in the Middle East triggered by the Israel-Iran conflict weighed on market sentiment dragging down the CAC 40. Concerns about the trade dispute between the U.S. also weighed on sentiment.
RTTNews | vor 1 Tagen
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