FTSE 100 Climbs As Earnings Pick Up Pace

RTTNews | 1013 दिनों पहले
FTSE 100 Climbs As Earnings Pick Up Pace

(RTTNews) - U.K. stocks advanced on Wednesday as investors cheered Fed Chair Jerome Powell's comments on disinflation and assessed the latest financial results from prominent companies.

The benchmark FTSE 100 climbed 0.7 percent to 7,918 after gaining 0.4 percent in the previous session.

Severn Trent edged down slightly despite the water supply firm reaffirming its fiscal 2023 guidance.

Smurfit Kappa tumbled 3.2 percent. The packaging giant reported a rise in profit in 2022, but box volumes were down around 2 percent against a strong prior year.

Housebuilder Barratt Developments added nearly 2 percent after raising its home completion guidance.

Transport operator FirstGroup soared 5.6 percent after it agreed to buy Ensign Bus Company Ltd. for an undisclosed sum. Asset manager Ashmore gained 1 percent despite reporting sharply lower half-yearly profit.

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Indian Shares Set To Follow Global Peers Lower

Indian Shares Set To Follow Global Peers Lower

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Thai Shares May Head South Again On Tuesday

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Japanese Market Sharply Lower; Down 2%

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Australian Market Notably Lower

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The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 3घंटे 8 मिनट पहले
Losing Streak May Continue For China Stock Market

Losing Streak May Continue For China Stock Market

The China stock market has finished lower in back-to-back sessions, slumping almost 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,970-point plateau and it may take further damage again on Tuesday.
RTTNews | 3घंटे 9 मिनट पहले