FTSE 100 Rises Led By Commodity Stocks

RTTNews | 1052 दिनों पहले
Stocktwits
FTSE 100 Rises Led By Commodity Stocks

(RTTNews) - U.K. stocks rose notably on Tuesday as higher prices of iron ore and crude prices helped lift commodity-related stocks.

Miners Anglo American, Antofagasta and Glencore all rose around 2 percent.

Oil & gas firm BP Plc and Shell also were up around 2 percent each.

The benchmark FTSE 100 rose 0.6 percent to 7,352 after closing 0.4 percent higher the previous day.

Consumer goods company Unilever added 2.4 percent after raising its full-year sales guidance.

EasyJet jumped 3.7 percent. The low-cost carrier said that it expects the capacity and cost impacts of the disruption to be "a one-off this summer", with "greater resilience" forecast for the 2023 peak travel periods.

Rolls-Royce advanced 1.6 percent. The aerospace and defense firm named a private equity partner and former BP executive to succeed Warren East as the company's chief executive.

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European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
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Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
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Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves 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 above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
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Asian Markets Trade Mixed

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Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
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Rally May Stall For Thai Stock Market

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RTTNews | 3घंटे 38 मिनट पहले
Japanese Market Notably Lower

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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.
RTTNews | 4घंटे 0 मिनट पहले
Indonesia Bourse May Extend Wednesday's Losses

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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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