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FTSE 100 Little Changed On China Growth Concerns

RTTNews | hace 987

FTSE 100 Little Changed On China Growth Concerns

(RTTNews) - U.K. stocks were little changed in cautious trade on Monday after Chinese health officials reiterated that they would continue with the country's strict COVID-19 measures.

The benchmark FTSE 100 was marginally lower at 7.328 after rallying 2 percent on Friday.

PayPoint slumped 4.7 percent after it agreed to buy gifting and engagement firm Appreciate Group for 83 million pounds ($94.4 million) in shares and cash.

GSK fell 2.6 percent. The drug maker said a late-stage study of its blood cancer drug Blenrep failed to meet its main goal.

In economic releases, U.K. house prices were down 0.4 percent in October from September, when prices slid 0.1 percent, data published by the Llyods Bank subsidiary Halifax showed.

This was the second consecutive fall and the sharpest since February 2021. The rate came in line with expectations.

The latest fall has taken the typical property price to a five-month low of GBP292,598.

The annual house price growth eased to 8.3 percent in October from 9.8 percent in the preceding period.

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Little Movement Seen For Taiwan Stock Market

Little Movement Seen For Taiwan Stock Market

The Taiwan stock market on Monday halted the four-day winning streak in which it improved almost 770 points or 1.4 percent. The Taiwan Stock Exchange now sits just above the 23,340-point plateau and it's likely to remain in that neighborhood again on Tuesday.

RTTNews | hace 37 minutos

Singapore Stock Market Overdue For Consolidation On Tuesday

Singapore Stock Market Overdue For Consolidation On Tuesday

The Singapore stock market has moved higher in 11 straight sessions, improving more than 185 points or 4.7 percent along the way. The Straits Times Index now rests just beneath the 4,210-point plateau although it's likely to see profit taking on Tuesday.

RTTNews | hace 1h 7min

Mild Rebound Tipped For Malaysia Stock Market

Mild Rebound Tipped For Malaysia Stock Market

The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau although it may bounce higher again on Tuesday.

RTTNews | hace 1h 37min

Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

Ahead of Monday's holiday for Marine Day, the Japanese stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had dropped more than 360 points or 0.9 percent. The Nikkei 225 now sits just beneath the 39,820-point plateau although it's likely to tick higher again on Tuesday.

RTTNews | hace 1h 52min

KOSPI Likely To Remain Rangebound On Tuesday

KOSPI Likely To Remain Rangebound On Tuesday

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had climbed almost 40 points or 1.2 percent. The KOSPI sits just above the 3,210-point plateau and it's expected to see additional if mild upside on Tuesday.

RTTNews | hace 2h 7min

New Zealand Has NZ$142 Million Trade Surplus In June

New Zealand Has NZ$142 Million Trade Surplus In June

New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.

RTTNews | hace 2h 13min

RBA Minutes On Tap For Tuesday

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its July 8 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | hace 3h 7min

South Korea Producer Prices Rise 0.1% In June

South Korea Producer Prices Rise 0.1% In June

Producer prices in South Korea were up 0.1 percent on month in June, the Bank of Korea said on Tuesday - after slipping 0.4 percent in May.

RTTNews | hace 4h 1min

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