FTSE 100 Subdued With Inflation Data In Focus

RTTNews | vor 660 Tagen
FTSE 100 Subdued With Inflation Data In Focus

(RTTNews) - U.K. stocks were little changed in cautious trade on Monday as investors looked ahead to the release of British inflation and retail sales data due later in the week for directional cues.

Across the Atlantic, a speech by Federal Reserve Governor Christopher Waller, business activity data for the month of January and December retail sales figures will be in focus.

The benchmark FTSE 100 was marginally lower at 7,624 after adding 0.6 percent on Friday.

PageGroup shares fell 2.5 percent. The recruiter said that a lack of client and candidate confidence hurt its earnings in its latest quarter.

Homebuilder Crest Nicholson lost 5 percent after lowering its profit guidance. Filtronic, a manufacturer of aerospace, defense, telecoms infrastructure products, jumped 3 percent after it secured a radio-frequency subsystem contract from QinetiQ, a global defence company.

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China Services Activity Expands On New Business

China Services Activity Expands On New Business

China's service sector continued to grow in October as new business growth accelerated despite a fall in export sales, survey data published by S&P Global showed on Wednesday. The headline RatingDog service Purchasing Managers' Index fell to 52.6 in October from 52.9 in September. Although the growth was the softest in three months, the sector extended the current period of expansion.
RTTNews | vor 1Std 19 Minuten
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
RTTNews | vor 3Std 40 Minuten
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst. Asian markets closed mostly lower on Tuesday.
RTTNews | vor 3Std 59 Minuten
No Help Yet For Thai Stock Market

No Help Yet For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | vor 5Std 5 Minuten
Indonesia Shares Tipped To Open In The Red

Indonesia Shares Tipped To Open In The Red

The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,240-point plateau and the losses may accelerate on Wednesday.
RTTNews | vor 5Std 35 Minuten
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling nearly 3 percent to below the 50,050 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | vor 5Std 43 Minuten