FTSE 100 Extends Record Winning Run On Earnings

RTTNews | hace 490
FTSE 100 Extends Record Winning Run On Earnings

(RTTNews) - U.K. stocks rose on Thursday to hit a record high for a third session in a row, with upbeat earnings and news of a takeover approach for Anglo American boosting investor sentiment.

The benchmark FTSE 100 was up 47 points, or 0.6 percent, at 8,087 after finishing marginally lower on Wednesday.

Barclays surged 4.2 percent after the lender reported a smaller-than-expected drop in first-quarter profit.

Unilever rallied 5.3 percent. The consumer goods giant beat first-quarter sales forecasts and kept its full-year guidance for underlying sales growth within its multi-year range of 3-5 percent.

Anglo American soared 12.5 percent after mining giant BHP Group proposed a takeover of the rival in a deal that seeks to create world's biggest copper miner with around 10 percent of global output.

Housebuilder Persimmon rose about 1 percent after reaffirming its annual home-build targets.

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European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | hace 1h 44min
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | hace 2h 37min
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | hace 2h 38min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | hace 4h 3min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | hace 4h 18min
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | hace 5h 1min