FTSE 100 Little Changed As Vodafone Cuts Full-year Forecasts

RTTNews | 1038天前
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.

read more
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up near the 8,800 level, with gains in financial, energy and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews | 45分鐘前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews | 1小時4分鐘前
Thai Shares May Halt Slide On Friday

Thai Shares May Halt Slide On Friday

The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews | 2小時6分鐘前
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
RTTNews | 2小時24分鐘前
Higher Open Tipped For Indonesia Stock Market

Higher Open Tipped For Indonesia Stock Market

The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
RTTNews | 2小時36分鐘前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | 2小時37分鐘前