FTSE 100 Marginally Higher As Miners Surge On US Debt Deal Hopes

RTTNews | hace 734
FTSE 100 Marginally Higher As Miners Surge On US Debt Deal Hopes

(RTTNews) - U.K. shares were seeing marginal gains on Friday after official data showed U.K. retail sales recovered in April driven by food and non-food turnover.

The retail sales volume increased 0.5 percent month-on-month, in contrast to the 1.2 percent fall in March. Sales were forecast to grow more moderately by 0.3 percent.

On a yearly basis, retail sales dropped at a slower pace of 3.0 percent, in line with expectations, after a 3.9 percent decrease in March.

The benchmark FTSE 100 was up 6 points at 7,578 after closing 0.7 percent lower on Thursday.

Miners Anglo American, Antofagasta and Glencore all jumped around 3 percent on U.S. deal optimism.

AstraZeneca gained half a percent after a combination of its cancer drugs Imfinzi and Lynparza showed positive results in a late-stage trial.

UK Commercial Property REIT, a real estate investment trust, added nearly 2 percent. The company has sold its Webley Logics Asset in London measuring 186,455 sq ft for 74 million pounds to Covent Garden IP Limited, a registered charity.

read more
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.
RTTNews | hace 18 minutos
Japan Jobless Rate Holds Steady At 2.5%

Japan Jobless Rate Holds Steady At 2.5%

The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in April, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews | hace 37 minutos
Malaysia Stock Market Tipped To End Losing Streak

Malaysia Stock Market Tipped To End Losing Streak

The Malaysia stock market has moved lower in four straight sessions, slipping more than 15 points or 1.1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it's due for support on Friday.
RTTNews | hace 48 minutos
Mild Upside Seen For Japan Stock Market

Mild Upside Seen For Japan Stock Market

The Japan stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 38,430-point plateau and it may open to the upside again on Friday.
RTTNews | hace 1h 3min
South Korea Industrial Output Slumps 0.8% In April

South Korea Industrial Output Slumps 0.8% In April

Industrial production in South Korea was down a seasonally adjusted 0.8 percent on month in April, Statistics Korea said on Friday. That missed expectations for an increase of 0.5 percent following the 2.9 percent jump in March.
RTTNews | hace 1h 5min
South Korea Stock Market Tipped To Open In The Green

South Korea Stock Market Tipped To Open In The Green

The South Korea stock market has moved higher in two straight sessions, improving more than 80 points or 3.1 percent along the way. The KOSPI now rests just above the 2,720-point plateau and it may tick higher again on Friday.
RTTNews | hace 1h 18min
New Zealand Building Consents Slump 15.6% In April

New Zealand Building Consents Slump 15.6% In April

The total number of building permits issued in New Zealand was down a seasonally adjusted 15.6 percent on month in April, Statistics New Zealand said on Friday - following the 10.7 percent increase in March. In April, there were 2,418 new dwellings consented, comprising: 1,148 stand-alone houses; 1,105 townhouses, flats, and units; 85 retirement village units; and 80 apartments.
RTTNews | hace 1h 31min