FTSE 100 Declines As Retail Sales Growth Slows

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Stocktwits
FTSE 100 Declines As Retail Sales Growth Slows

(RTTNews) - U.K. stocks declined on Tuesday after data from the British Retail Consortium showed British retail sales growth slowed to a seven-month low in May as a result of rising food costs.

The benchmark FTSE 100 was down 39 points, or half a percent, at 7,561 after finishing marginally lower on Monday.

N Brown Group plunged 15 percent after it swung to a pre-tax loss in the fiscal 2023 in a "challenging" market.

Paragon Banking Group surged 8.5 percent after upgrading its FY23 guidance and launching a second 50.0-million-pound ($62.2 million) share buyback program for the year.

British American Tobacco edged down slightly despite backing its annual outlook. Primark owner Associated British Foods was also moving lower after it agreed to buy dairy technology firm National Milk Records for £48m.

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Indonesia Bourse May Extend Tuesday's Losses

Indonesia Bourse May Extend Tuesday's Losses

The Indonesia stock market on Tuesday ended the two-day winning streak in which it had risen almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 7,120-point plateau and it may take further damage on Wednesday.
RTTNews | il y a 4h 23min
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, extending the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving above the 7,800 level, following the mixed cues from Wall Street overnight, with gains in technology and energy stocks.
RTTNews | il y a 4h 31min
Hong Kong Shares May Open Under Pressure On Wednesday

Hong Kong Shares May Open Under Pressure On Wednesday

The Hong Kong stock market on Tuesday finally ended the winning streak that had stretched across 10 sessions and 2,370 points or 13.8 percent. The Hang Seng Index now sits just beneath the 18,480-point plateau and it's looking at another soft start for Wednesday's trade.
RTTNews | il y a 4h 38min
China Stock Market Expected To Open In The Red

China Stock Market Expected To Open In The Red

The China stock market has moved higher in two straight sessions, collecting more than 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,150-point plateau although it's looking at a soft start on Wednesday.
RTTNews | il y a 4h 53min
Taiwan Shares May Be Stuck In Neutral On Wednesday

Taiwan Shares May Be Stuck In Neutral On Wednesday

The Taiwan stock market has moved higher in three straight sessions, gathering more than 430 points or 2.1 percent in that span. The Taiwan Stock Exchange now sits just above the 20,650-point plateau although it's likely to open under pressure on Wednesday.
RTTNews | il y a 5h 23min
Lower Open Anticipated For Singapore Stock Market

Lower Open Anticipated For Singapore Stock Market

The Singapore stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had risen more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,300-point plateau and it may extend its losses on Wednesday.
RTTNews | il y a 5h 53min
Malaysia Bourse May Give Up Support At 1,600 Points

Malaysia Bourse May Give Up Support At 1,600 Points

The Malaysia stock market has moved higher in four straight sessions, gathering almost 30 points or 2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,605-point plateau although it may run out of steam on Wednesday.
RTTNews | il y a 6h 23min
South Korea Bourse May Spin Its Wheels On Wednesday

South Korea Bourse May Spin Its Wheels On Wednesday

The South Korea stock market on Tuesday ended the two-day losing streak in which it had stumbled more than 15 points or 0.6 percent. The KOSPI now sits just above the 2,730-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | il y a 6h 53min
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