FTSE 100 Dips As Pound Gains On Robust Employment Data

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FTSE 100 Dips As Pound Gains On Robust Employment Data

(RTTNews) - U.K. stocks fell on Tuesday and the pound strengthened against its major peers after official data showed the U.K. jobless rate declined in the fourth quarter.

The ILO unemployment rate fell to 3.8 percent in the fourth quarter from 3.9 percent in the prior period, according to figures from the Office for National Statistics. The rate was also below economists' forecast of 4.0 percent.

In three months to December, average earnings including bonus rose 5.8 percent annually, slower than the 6.7 percent rise in November. Earnings growth was expected to ease more sharply to 5.6 percent.

The benchmark FTSE 100 was down 11 points, or 0.2 percent, at 7,562 after finishing marginally higher on Monday.

Travel operator TUI Group rose 2.6 percent after it reported a narrower loss for the first quarter, amidst an increase in revenue on higher demand at improved prices and rates. In addition, the company has reaffirmed its full-year guidance.

Cairn Homes fell about 1 percent. The Irish homebuilding company announced that it has appointed Richard Ball as its chief financial officer, effective April 10.

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Australian Market Halves Its Early Gains In Mid-market

Australian Market Halves Its Early Gains In Mid-market

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RTTNews | il y a 2h 3min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

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RTTNews | il y a 2h 30min
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is sharply higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up almost 2 percent to above the 50,900 level, with gains across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | il y a 2h 54min
Thai Stock Market May Reclaim 1,300-Point Plateau

Thai Stock Market May Reclaim 1,300-Point Plateau

The Thai stock market has moved lower in five straight sessions, slumping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau although it's expected to open to the upside on Thursday.
RTTNews | il y a 3h 26min
Additional Support Anticipated For Indonesia Shares

Additional Support Anticipated For Indonesia Shares

The Indonesia 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 picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 8,320-point plateau and it may add to its winnings on Thursday.
RTTNews | il y a 3h 56min
Hong Kong Bourse May Halt Its Slide On Thursday

Hong Kong Bourse May Halt Its Slide On Thursday

The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 220 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 25,930-point plateau although it may find traction on Thursday.
RTTNews | il y a 4h 11min
China Shares May Extend Wednesday's Gains

China Shares May Extend Wednesday's Gains

The China stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped more than 60 points or 1.5 percent. The Shanghai Composite Index now sits just beneath the 3,970-point plateau and it may tick higher again on Thursday.
RTTNews | il y a 4h 26min