FTSE 100 Rises Nearly 2%

RTTNews | il y a 58
FTSE 100 Rises Nearly 2%

(RTTNews) - The U.K. market is up firmly in positive territory in late morning trades on Monday with investors picking up stocks, reacting to the temporary exemption announced by the U.S. on tech products, including smartphones, computers, and key electronics.

However, there is still some uncertainty about Trump's moves, as commerce secretary Howard Lutnick later clarified that these exemptions are not permanent. Trump later said on Truth Social that they are still subject to the existing 20% Fentanyl tariffs, but just moving to another bracket.

The announcement by the US Customs and Border Protection over the weekend that new exemptions from tariffs on various tech products, including smartphones, laptops, and other electronics means that selected electronic items will be excluded from the current 145% tariffs on China, as well as the 10% baseline tariffs.

The U.S. President has said that he would announce the tariff rate on imported semiconductors within the next week.

The benchmark FTSE 100, which advanced to 8,136.78 earlier in the morning, is up 148.32 points or 1.86% at 8,112.50 nearly half an hour before noon.

Convatec Group is rising nearly 6% and BP is up 5.2%. Barclays, EasyJet, JD Sports Fashion, Standard Chartered, Pershing Square Holdings, Melrose Industries, Prudential, Sainsbury (J), Polar Capital Technology Trust, Glencore and IAG are up 3 to 5%.

Diageo, WPP, BT Group, Natwest Group, Antofatasta, ICG, Associated British Foods, Hiscox, HSBC Holdings, Vodafone Group, Aviva, Airtel Africa, Smith & Nephew, Kingfisher, Centrica and Phoenix Group Holdings are rising 2 to 3%.

Wood Group shares soared up to 32% after Dubai-based Sidara made a conditional bid of 35p per share and proposed a £450 million cash injection. The stock pared most of its gains subsequently, but still remains nearly 11% up from previous closing price.

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Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

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RTTNews | il y a 23 minutes
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
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Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
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Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
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Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
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Hong Kong Bourse May Hand Back Wednesday's Gains

Hong Kong Bourse May Hand Back Wednesday's Gains

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,360-point plateau and it's likely to remain rangebound on Thursday.
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Lower Open Anticipated For Taiwan Stock Market

Lower Open Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
RTTNews | il y a 2h 26min
Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
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