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FTSE 100 Gains Led By Energy Stocks

RTTNews | 854天前

FTSE 100 Gains Led By Energy Stocks

(RTTNews) - U.K. stocks rose on Monday, with oil heavyweights rallying as a surprise announcement by OPEC+ and its allies to cut production lifted crude prices up more than 5 percent. In economic releases, the March final manufacturing was finalized at 47.9, down from February's 7-month of 49.3.

The benchmark FTSE 100 was up 60 points, or 0.8 percent, at 7,692 after closing 0.2 percent higher on Friday.

BP Plc and Shell both jumped over 4 percent while airline IAG fell more than 1 percent.

Ailing cinema chain Cineworld Group plunged 30 percent after announcing a debt restructuring with its biggest lenders.

Banks Barclays and Lloyds Banking traded up more than 2 percent each.

Imperial Brands advanced 1.6 percent. The tobacco firm said it has instructed Barclays Capital Securities to purchase up to 500 million pounds of its shares as part of the second tranche of its share buyback drive of up to 1 billion pounds announced in 2022.

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Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | 59分鐘前

Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | 1小時7分鐘前

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | 1小時58分鐘前

Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | 2小時21分鐘前

CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.

RTTNews | 2小時27分鐘前

DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.

RTTNews | 2小時45分鐘前

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.

RTTNews | 3小時36分鐘前

European Shares Tick Higher In Cautious Trade

European Shares Tick Higher In Cautious Trade

European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.

RTTNews | 5小時1分鐘前

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