FTSE 100 Slips On Rate Hike Concerns

RTTNews | il y a 1165
FTSE 100 Slips On Rate Hike Concerns

(RTTNews) - U.K. stocks edged lower on Thursday as markets price in more aggressive steps by the Bank of England to tame record inflation.

The benchmark FTSE 100 slipped 10 points, or 0.1 percent, to 7,505 after closing 0.3 percent lower on Wednesday.

Rank Group shares fell 2.3 percent. The gambling company warned of difficult times after reporting a turnaround to profit for the fiscal 2022.

Marshalls lost 2.8 percent. The specialist landscape products group reported that its first-half profit before tax declined to 23.9 million pounds from last year's 38.9 million pounds.

Miner Anglo American declined 2.6 percent on going ex-dividend.

Made.com plunged 10 percent. The struggling online furniture retailer confirmed that it is considering a potential equity capital raise.

read more
KOSPI Has Firm Lead For Monday's Trade

KOSPI Has Firm Lead For Monday's Trade

The South Korea stock market bounced higher again on Friday, one day after snapping the six-day winning streak in which it had surged more than 320 points or 8.6 percent. Now at a fresh record closing high, the KOSPI sits just above the 3,940-point plateau and it may extend its gains on Monday.
RTTNews | il y a 23 minutes
Hong Kong Trade Data On Tap For Monday

Hong Kong Trade Data On Tap For Monday

Hong Kong will on Monday release September figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTTNews | il y a 1h 23min
Russia Central Bank Cuts Rates For Fourth Policy Session

Russia Central Bank Cuts Rates For Fourth Policy Session

Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time.
RTTNews | il y a 2
Canadian Market Rises On Rate Cut Bets

Canadian Market Rises On Rate Cut Bets

The Canadian market is up firmly in positive territory Friday afternoon, thanks to strong gains in the technology sector. A few stocks from financial and communications sectors are also up with notable gains.
RTTNews | il y a 2
Swiss Market Ends Marginally Up After Choppy Ride

Swiss Market Ends Marginally Up After Choppy Ride

The market started off on a positive note on Friday but slipped into the red around mid morning and then struggled for direction till the end with stocks swinging between gains and losses amid cautious moves by investors.
RTTNews | il y a 2
European Stocks Close Higher After Cautious Session

European Stocks Close Higher After Cautious Session

Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week.
RTTNews | il y a 2
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to be unrevised from the preliminary reading.
RTTNews | il y a 2