FTSE 100 Edges Higher On Strong Earnings

RTTNews | il y a 838
FTSE 100 Edges Higher On Strong Earnings

(RTTNews) - U.K. stocks traded higher Friday on the back of encouraging earnings results from the likes of NatWest, Standard Chartered and AstraZeneca.

The benchmark FTSE 100 was up 19 points, or 0.2 percent, at 7,711 after rising 0.2 percent on Thursday.

AstraZeneca shares jumped nearly 4 percent after the drug maker delivered better-than-expected profits and sales in the second quarter.

Also, its unit Alexion has agreed to buy Pfizer's early-stage rare disease gene therapy portfolio for up to $1 billion.

Lender Standard Chartered soared more than 6 percent after posting better-than-expected first-half earnings and announcing a new $1 billion share buyback.

NatWest Group advanced 1.7 percent after reporting a jump in first-half profit, benefiting from higher interest rates.

British-Airways owner IAG rallied 3.6 percent after quarterly profit beat analyst forecasts.

read more
TSX Scales New Record High; Materials, Financials Stocks Among Top Gainers

TSX Scales New Record High; Materials, Financials Stocks Among Top Gainers

Canada's S&P/TSX Composite Index surged to a new record high on Wednesday with stocks from materials, financials, consumer staples and industrials sectors turning in a strong performance. The mood in the market is quite bullish amid hopes the government shutdown in the U.S. will come to end soon.
RTTNews | il y a 3h 27min
Swiss Market Settles On Firm Note

Swiss Market Settles On Firm Note

The Switzerland market closed on a firm note on Wednesday, tracking positive cues from other markets in Europe, amid rising prospects of an end to the U.S. government shutdown this week, and hopes about an interest rate cut by the Federal Reserve next month.
RTTNews | il y a 3h 49min
European Stocks Close On Firm Note

European Stocks Close On Firm Note

European stocks closed higher on Wednesday, extending recent gains, amid hopes the U.S. government shutdown will end soon, possibly even by this Friday. Expectations of a rate cut by the Federal Reserve next month, and data showing a smaller than expected increase in Germany's consumer price inflation also contributed to markets' positive close.
RTTNews | il y a 4h 3min
Bay Street May Open On Positive Note Again

Bay Street May Open On Positive Note Again

Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
RTTNews | il y a 8h 26min
FTSE 100 Pares Early Gains; SSE Soars 12%

FTSE 100 Pares Early Gains; SSE Soars 12%

After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
RTTNews | il y a 9h 43min
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors. Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
RTTNews | il y a 10h 41min
DAX Climbs To 4-week High On Inflation Data, Earnings

DAX Climbs To 4-week High On Inflation Data, Earnings

Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
RTTNews | il y a 11h 7min