FTSE 100 Declines As US Midterm Election Results Roll In

RTTNews | hace 958
Stocktwits
FTSE 100 Declines As US Midterm Election Results Roll In

(RTTNews) - U.K. stocks slipped into the red on Wednesday as early results from the U.S. midterm elections showed Republicans are likely to narrowly win control of the U.S. House.

The benchmark FTSE 100 was down 42 points, or 0.6 percent, at 7,264 after finishing marginally higher the previous day.

Flutter Entertainment fell about 1 percent despite the gambling group upgrading full-year revenue guidance for its fast-growing U.S. business.

Media firm ITV slumped more than 6 percent after its third-quarter advertising revenue fell 14 percent amid difficult year-ago comparisons and continued "uncertainty."

Aviva declined 1.7 percent. The insurer reiterated plans for a share buyback program after reporting a rise in nine-month gross written premiums.

Funeral-related services provider Dignity lost 4.5 percent after it reported a loss for the past quarter.

Marks & Spencer fell over 4 percent. The retailer has put off a decision on resuming shareholder payouts until closer to the end of its fiscal year.

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Rebound Anticipated For Malaysia Stock Market

Rebound Anticipated For Malaysia Stock Market

The Malaysia stock market on Tuesday snapped the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,515-point plateau although it figures to bounce higher again on Wednesday.
RTTNews | hace 31 minutos
Japan Stock Market May Extend Tuesday's Gains

Japan Stock Market May Extend Tuesday's Gains

The Japan stock market on Tuesday wrote a finish to the three-day losing streak in which it had dropped more than 530 points or 1.4 percent. The Nikkei 225 now sits just above the 38,790-point plateau and it's expected to see additional support on Wednesday.
RTTNews | hace 46 minutos
South Korea Stock Market Tipped To Open To The Upside On Wednesday

South Korea Stock Market Tipped To Open To The Upside On Wednesday

The South Korea stock market bounced sharply higher again on Tuesday, one day after snapping the five-day winning streak in which it had rallied almost 130 points or 4.3 percent. The KOSPI now sits just above the 3,100-point plateau and it's expected to add to its winnings again on Wednesday.
RTTNews | hace 1h 1min
New Zealand Trade Data Due On Wednesday

New Zealand Trade Data Due On Wednesday

New Zealand ill on Wednesday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTTNews | hace 2h 12min
Swiss Stock Market Halts Losing Streak

Swiss Stock Market Halts Losing Streak

The Swiss stock market on Tuesday ended the seven-day losing streak in which it had stumbled more than 465 points or 4 percent.
RTTNews | hace 5h 34min
European Stock Markets Find Traction On Tuesday

European Stock Markets Find Traction On Tuesday

The major European stocks closed on a firm note Tuesday after the office of Israeli Prime Minister Benjamin Netanyahu and Iranian state media outlet Press TV confirmed a ceasefire had begun.
RTTNews | hace 5h 50min
BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty

BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty

The Bank of England must have a prudent approach to reducing interest rates as the U.K. inflation may remain high for a longer time than expected rather than a short-term spike, and also due to risks on the global front including fluctuations in oil prices in the backdrop of the ongoing Middle East conflict, policymaker Megan Greene said on Tuesday.
RTTNews | hace 8h 9min
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