FTSE 100 Edges Lower On Inflation Concerns

RTTNews | 579天前
FTSE 100 Edges Lower On Inflation Concerns

(RTTNews) - U.K. stocks traded lower on Friday after Bank of England's chief economist Huw Pill told the Financial Times that it was too early to declare victory in the battle against high inflation.

GfK's consumer confidence index improved this month, helping limit overall losses to some extent.

The benchmark FTSE 100 was down 29 points, or 0.4 percent, at 7,454 after rising 0.2 percent on Thursday.

Miners fell, with Anglo American, Antofagasta and Glencore falling around 1 percent.

Barclays edged up slightly after reports that the lender is mulling cutting around 2,000 jobs as part of plans to cut costs by as much as £1 billion ($1.3 billion) over several years.

Telematics and data technology specialist Trakm8 Holdings tumbled 3.2 percent after declaring its half-year results.

Legal & General was down half a percent after it agreed a 4.8 billion pounds full buy-in with the Boots Pension Scheme.

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Soft Start Seen For Indonesia Stock Market

Soft Start Seen For Indonesia Stock Market

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RTTNews | 16分鐘前
Japanese Market Significantly Higher

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Rally May Stall For China Stock Market

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RTTNews | 46分鐘前
Australian Market Slightly Lower

Australian Market Slightly Lower

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RTTNews | 53分鐘前
Lower Open Expected For Taiwan Stock Market

Lower Open Expected For Taiwan Stock Market

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RTTNews | 1小時16分鐘前
Singapore Bourse Called Rangebound Again On Thursday

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The Singapore stock market has climbed higher in two straight sessions, rising more than 45 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,925-point plateau, and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 1小時46分鐘前
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,520-point plateau and it figures to remain rangebound again on Thursday.
RTTNews | 2小時16分鐘前