FTSE 100 Modestly Higher In Cautious Trade

RTTNews | hace 266
FTSE 100 Modestly Higher In Cautious Trade

(RTTNews) - U.K. stocks eked out modest gains in cautious trade on Wednesday as investors awaited the release of the Federal Reserve's preferred measure of inflation and weighed the potential impact of U.S. President-elect Donald Trump's tariff proposals on economic growth.

The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 8,271 after declining 0.4 percent on Tuesday.

Johnson Matthey, a chemicals and specialist technologies firm, slumped 7 percent after posting a drop in sales and profits in the six months to September end.

EasyJet rallied 2 percent as the airline reported a rise in annual profits following a second record-breaking summer.

GSK edged up slightly after receiving approval from EU regulators for its liquid meningitis vaccine Menveo.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Wednesday after opening in the red, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,900 level, following the mixed cues from Wall Street overnight, with strong gains in financial stocks partially offset by weakness in mining, energy and technology stocks.
RTTNews | hace 1h 6min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, amid a broad selloff in global technology stocks mirroring a sharp selloff in heavyweight U.S. technology shares on apprehensions that intense enthusiasm surrounding artificial intelligence could be overdone after reports stated that Nvidia is developing a new AI chip for China.
RTTNews | hace 1h 31min
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has finished lower in four straight sessions, slipping more than 40 points or 3.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it may extend its losses again on Wednesday.
RTTNews | hace 2h 33min
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 43,000 mark, with weakness in index heavyweights and technology stocks partially offset by gains in automakers and financial stocks.
RTTNews | hace 2h 54min
Indonesia Stock Market Tipped To Open Under Water

Indonesia Stock Market Tipped To Open Under Water

The Indonesia stock market has moved lower in consecutive trading days, falling almost 70 points or 0.9 percent along the way. The Jakarta Composite Index now sits just above the 7,860-point plateau and it's likely to remain stuck in neutral again on Wednesday.
RTTNews | hace 3h 3min