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FTSE 100 Little Changed As Vodafone Cuts Full-year Forecasts

RTTNews | 1043 दिनों पहले

FTSE 100 Little Changed As Vodafone Cuts Full-year Forecasts

(RTTNews) - U.K. stocks edged up slightly on Tuesday despite weak employment data and Vodafone's disappointing outlook.

The U.K. unemployment rose slightly in the third quarter ahead of the economy entering a prolonged period of recession, the Office for National Statistics said. The ILO jobless rate rose slightly to 3.6 percent during July to September from 3.5 percent in three months to August. The rate was forecast to remain unchanged at 3.5 percent.

The employment rate for July to September was 75.5 percent, largely unchanged on the previous quarter.

The benchmark FTSE 100 was up 0.1 percent at 7,395 after climbing 0.9 percent on Monday.

Telecom major Vodafone slumped nearly 6 percent after slashing its full-year forecasts and launching a cost-cutting plan.

Plastic components manufacturer Carclo fell more than 2 percent after saying it had promoted David Bedford to Chief Financial Officer with effect from November 14.

Centrica, an energy and services firm, soared 4.3 percent after it launched a £250mn share buyback.

Tobacco company Imperial Brands gained 1.3 percent despite reporting weaker pre-tax profit for fiscal 2022.

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Singapore Bourse May Hand Back Tuesday's Gains

Singapore Bourse May Hand Back Tuesday's Gains

The Singapore stock market on Tuesday finally halted the seven-day losing streak in which it had slumped more than 55 points or 1.3 percent. The Straits Times Index now sits just above the 4,300-point plateau although it may head south again on Wednesday.

RTTNews | 31 मिनटों पहले

Rally May Stall For Malaysia Stock Market

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has ticked higher in two straight sessions, collecting more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may run out of steam on Wednesday.

RTTNews | 1घंटे 1 मिनट पहले

Renewed Selling Pressure Likely For Japan Stock Market

Renewed Selling Pressure Likely For Japan Stock Market

Ahead of Tuesday's holiday for the Autumnal Equinox, the Japanese stock market had alternated between positive and negative finishes through the previous four trading days, since the end of the four-day winning streak in which it had surged more than 1,430 points or 3.2 percent. The Nikkei 225 now sits just beneath the 45,500-point plateau and it's looking at a soft start on Wednesday.

RTTNews | 1घंटे 16 मिनट पहले

KOSPI Due For Profit Taking On Wednesday

KOSPI Due For Profit Taking On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, advancing more than 40 points or 1.1 percent along the way. Now at another fresh record closing high, the KOSPI sits just above the 3,485-point plateau although investors are likely to lock in gains on Wednesday.

RTTNews | 1घंटे 31 मिनट पहले

Consumer Confidence Ebbs In September - BoK

Consumer Confidence Ebbs In September - BoK

Consumer confidence in South Korea dipped in September, the latest survey from the Bank of Korea said on Wednesday with a consumer sentiment index score of 110.1.

RTTNews | 1घंटे 48 मिनट पहले

U.S. Dollar Weakens Against Some Majors

U.S. Dollar Weakens Against Some Majors

The U.S. dollar fell against some of its major counterparts in the New York session on Tuesday.

RTTNews | 2घंटे 25 मिनट पहले

Japan Manufacturing PMI Data Due On Wednesday

Japan Manufacturing PMI Data Due On Wednesday

Japan will on Wednesday see September results for the manufacturing and services PMIs from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In August, their scores were 49.7 and 53.1, respectively.

RTTNews | 2घंटे 31 मिनट पहले

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

The Organisation for Economic Co-operation and Development said in a report on Tuesday that the full impact of the massive hike in trade tariffs announced by the U.S. is yet to be felt though early effects are becoming increasingly evident.

RTTNews | 3घंटे 48 मिनट पहले

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