FTSE 100 Gains As Oil Prices Rebound

RTTNews | il y a 1071
FTSE 100 Gains As Oil Prices Rebound

(RTTNews) - U.K. stocks rebounded on Friday, with banks and energy stock leading the surge ahead of key U.S. jobs data due later in the day.

The benchmark FTSE 100 climbed 58 points, or 0.8 percent, to 7,207 after losing 1.9 percent on Thursday.

BP Plc jumped nearly 3 percent and Shell added 2 percent as oil prices rose nearly 3 percent ahead of next week's OPEC+ meeting to discuss output cuts.

The United States said Thursday that a new response received from Iran on reviving a landmark nuclear deal of 2015 was unconstructive, putting a new hurdle on finalizing the agreement.

Banks Lloyds Banking Group, Standard Chartered and HSBC Holdings gained 1-2 percent.

Ashmore Group surged 4.4 percent. After posting a decline in earnings for the fiscal 2022, the investment manager said it hopes the next 12 months offers potential for better conditions.

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Positive Start Seen For Canadian Stocks

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RTTNews | il y a 2h 5min
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

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RTTNews | il y a 3h 58min
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | il y a 4h 17min
DAX Modestly Lower After Four-day Winning Streak

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German stocks are down in negative territory on Friday, drifting lower after four successive days of gains, as some disappointing earnings announcements, and concerns about the impact of tariffs imposed by U.S. President Donald Trump weigh on sentiment.
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European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
RTTNews | il y a 5h 52min
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
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