FTSE 100 Gains On Early Rate Cut Hopes

RTTNews | hace 583
FTSE 100 Gains On Early Rate Cut Hopes

(RTTNews) - U.K. stocks traded higher on Friday after data showed British retail sales declined more than expected at the end of the year, increasing the odds of an early rate cut by the Bank of England.

Retail sales declined 3.2 percent on month in December, reversing the 1.4 percent increase in November. The decline was also bigger than forecast of 0.5 percent drop.

On a yearly basis, overall retail sales declined 2.4 percent after a 0.2 percent gain.

The benchmark FTSE 100 was up 46 points, or 0.6 percent, at 7,505 after closing 0.2 percent higher on Thursday.

In corporate news, food delivery company Deliveroo edged up slightly after saying it expects 2023 earnings slightly ahead of guidance.

4imprint Group shares jumped 12 percent. The direct marketer of promotional products said that it is expecting profit as well as revenue for the full year to increase from last year.

read more
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has moved higher in three straight sessions, advancing almost 100 points or 2.9 percent along the way. The Shanghai Composite Index now sits just above the 3,825-point plateau and it's expected to add to its winnings again on Monday.
RTTNews | hace 22 minutos
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 23,760-point plateau, although it's likely to bounce higher again on Monday.
RTTNews | hace 52 minutos
Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.
RTTNews | hace 1h 22min
Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

The Malaysia stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau and it's expected to open to the upside again on Monday.
RTTNews | hace 1h 52min
Japan Stock Market May Extend Friday's Gains

Japan Stock Market May Extend Friday's Gains

The Japan stock market on Friday halted the three-day losing streak in which it had stumbled more than 1,100 points or 2.7 percent. The Nikkei 225 now rests just above the 42,630-point plateau and it's expected to see additional support on Monday.
RTTNews | hace 2h 8min
South Korea Bourse May Challenge 3,200-Point Mark

South Korea Bourse May Challenge 3,200-Point Mark

The South Korea stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just shy of the 3,170-point plateau and it's tipped to open in the green again on Monday.
RTTNews | hace 2h 11min
New Zealand Retail Sales Climb 0.5% In Q2

New Zealand Retail Sales Climb 0.5% In Q2

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.
RTTNews | hace 2h 28min
New Zealand Retail Sales Data Due On Monday

New Zealand Retail Sales Data Due On Monday

New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.1 percent on quarter, easing from 0.8 percent in the three months prior.
RTTNews | hace 3h 22min