FTSE 100 Modestly Lower In Cautious Trade

RTTNews | 174天前

(RTTNews) - The UK market is off early lows in late morning trade on Tuesday with investors largely making stock specific moves, reacting to quarterly earnings updates. Worries about trade war following new U.S. tariffs against China, Canada and Mexico taking effect today.

The benchmark FTSE 100, which dropped to 8,805.31 in early trades, was down 38.33 points or 0.43% at 8,832.98 a little while ago.

Smurfit Westrock, Ashtead Group and IAG are down 5.1%, 5% and 4.8%, respectively. BP is down 4.2% and WPP is lower by about 4%.

Barclays Group, Pershing Square Holdings, Scottish Mortgage, Intermediate Capital, Glencore, Easyjet, Natwest Group, Shell, IMI, 3i Group, Vistry Group, Convatec and B&M European Value Retail are declining 2 to 3.7%.

Insurance company Beazley Plc is down marginally despite reporting higher earnings. For the full year, the company posted pre-tax profit of $1.42 billion in fiscal 2024, up from $1.25 billion a year ago.

Direct Line Insurance Group shares are down marginally. The company reported fiscal 2024 profit before tax of 218.4 million pounds compared to 277.4 million pounds, last year. Earnings per share was 11.1 pence compared to 15.7 pence.

Intertek Group is rising nearly 8% after the company reported a jump in pre-tax profit for fiscal 2024. In the fiscal year ending December 31, pre-tax income was GBP 490 million, up from GBP 422.3 million last year, the company said. Net Income also came higher at GBP 367.2 million compared with GBP 318.1 million prior year, and earnings per share were 212.7 pence versus 183.4 pence in the previous year.

Fresnillo is gaining 3.5%, Severn Trent is up 3%, Rolls-Royce Holdings is advancing 2.5%, Tesco is up 2.3%, Marks & Spencer is climbing up 3.1%, British Amercian Tobacco is up 2% and Pearson is rising 2.1%.

BAE Systems, AstraZeneca, United Utilities, Coca-Cola HBC, GSK, National Grid, Unilever, Haleon and Reckitt Benckiser are also up sharply.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1小時7分鐘前

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1小時28分鐘前

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1小時59分鐘前

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2小時39分鐘前

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3小時7分鐘前

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3小時9分鐘前

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3小時24分鐘前

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3小時27分鐘前

EURUSD	1.16307	GBPUSD	1.34567	AUDUSD	0.64783
USDJPY	147.735	USDCAD	1.38568	USDCHF	0.80543