FTSE 100 Gains As Miners Surge On China Stimulus Hopes

RTTNews | hace 726
Stocktwits
FTSE 100 Gains As Miners Surge On China Stimulus Hopes

(RTTNews) - U.K. stocks rose on Wednesday after data showed China's consumer prices slipped into deflation territory in July amid weakening domestic demand, raising hopes for more policy stimulus.

The benchmark FTSE 100 was up 60 points, or 0.8 percent, at 7,587 after closing 0.4 percent lower on Tuesday.

Miners Anglo American, Antofagasta and Glencore climbed 1-2 percent on China stimulus hopes.

Flutter Entertainment shares fell over 5 percent despite the online betting firm reporting a return to profitability for the first half of the year.

Coca-Cola HBC rose nearly 2 percent after the bottling firm lifted its FY23 organic revenue growth view and backed EBIT forecast.

Infrastructure products group Hill & Smith soared 7 percent after delivering a record trading performance in its first half.

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ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.