FTSE 100 Slips As Resource Stocks Drag On China Concerns

RTTNews | 1023 दिनों पहले
Stocktwits
FTSE 100 Slips As Resource Stocks Drag On China Concerns

(RTTNews) - U.K. stocks were moving lower on Tuesday, with resource shares declining amid fading hopes of top consumer China easing its strict zero-COVID policy.

Signs of increased coronavirus cases in Guangzhou and other Chinese cities and caution amid the U.S midterm elections also dented sentiment.

The benchmark FTSE 100 was down 24 points, or 0.3 percent, at 7,276 after declining half a percent on Monday.

Miners Anglo American, Antofagasta and Glencore fell 1-2 percent, while oil & gas firm BP Plc gave up 1.7 percent and Shell declined 1.4 percent.

3i Infrastructure jumped 3.4 percent after reporting improved earnings in the first half of the year.

Associated British Foods soared more than 5 percent. After reporting a jump in annual profits, the Primark owner has announced a £500mln share buy-back program for the current financial year.

Hammerson climbed 9 percent. The retail property firm said that footfall at its Irish flagships improved to 90pc of 2019 levels in the third quarter of the year.

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Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | 12 मिनटों पहले
China Stock Market May Stop The Bleeding On Thursday

China Stock Market May Stop The Bleeding On Thursday

The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
RTTNews | 27 मिनटों पहले
Taiwan Stock Market May Extend Winning Streak

Taiwan Stock Market May Extend Winning Streak

The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
RTTNews | 57 मिनटों पहले
Singapore Stock Market May Extend Wednesday's Gains

Singapore Stock Market May Extend Wednesday's Gains

The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
RTTNews | 1घंटे 27 मिनट पहले
Malaysia Bourse May Add To Its Winnings On Thursday

Malaysia Bourse May Add To Its Winnings On Thursday

The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
RTTNews | 1घंटे 57 मिनट पहले
Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 2घंटे 12 मिनट पहले
KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
RTTNews | 2घंटे 27 मिनट पहले
Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews | 3घंटे 27 मिनट पहले
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