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FTSE 100 Opens Higher On Firm Global Cues

RTTNews | 833天前

FTSE 100 Opens Higher On Firm Global Cues

(RTTNews) - U.K. stocks opened higher on Monday, with a strong rally on Wall Street Friday and gains across Asian markets boosting investor sentiment.

The benchmark FTSE 100 was up 14 points, or 0.2 percent, at 7,782 after closing 0.3 percent higher on Friday.

Dignity Plc shares soared 8.5 percent. The funeral service provider said it would be acquired by a consortium comprising investment firms SPWOne V Ltd, Castelnau Group (CGL.L) and Phoenix Asset Management Partners.

Infrastructure group Balfour Beatty gained 1 percent after it secured a 1.2 billion pounds contract from National Highways to deliver the 'Roads North of the Thames' package of works for the proposed Lower Thames Crossing.

Public transport provider National Express Group jumped 5.5 percent. The company said that its unit National Express Rail GmbH has won a 1 billion euros worth contract for rail operations in Germany.

Saga rallied 2.5 percent. The over-50's travel operator said it is seeking buyers for its in-house insurance underwriting business.

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Pound Weakens In Cautious Trade

Pound Weakens In Cautious Trade

The pound dropped against its most major counterparts in the New York session on Monday amid renewed trade concerns, as President Donald Trump announced plans to impose a 100 percent tariff on movies produced in foreign countries.

RTTNews | 2小時39分鐘前

Swiss Market Ends Marginally Down After Choppy Session

Swiss Market Ends Marginally Down After Choppy Session

Despite staying positive for much of the day's trading session, the Switzerland market closed slightly weak on Monday with a few stocks turning weak past mid afternoon, as investors turned cautious amid a lack of prominent triggers.

RTTNews | 3小時21分鐘前

European Stocks Closed Mixed After Cautious Session

European Stocks Closed Mixed After Cautious Session

European stocks turned in a mixed performance on Monday with investors closely following developments on the trade front, and continuing to react to quarterly earnings updates from big name European companies.

RTTNews | 3小時45分鐘前

Canadian Stocks Largely Subdued In Cautious Trade

Canadian Stocks Largely Subdued In Cautious Trade

After a slightly weak start and a subsequent drop to lower levels, the Canadian market recovered some lost ground Monday morning, but still struggles to move any significantly above the flat line.

RTTNews | 4小時15分鐘前

U.S. Services Index Unexpectedly Increases In April

U.S. Services Index Unexpectedly Increases In April

A report released by the Institute for Supply Management on Monday showed an unexpected increase by its reading on U.S. service sector activity in the month of April. The ISM said its services PMI rose to 51.6 in April from 50.8 in March, with a reading above 50 indicating growth. Economists had expected the index to edge down to 50.6.

RTTNews | 6小時0分鐘前

Dollar Rallies Amidst Mixed Economic Data, Trade Deal Hopes

Dollar Rallies Amidst Mixed Economic Data, Trade Deal Hopes

The U.S. Dollar extended gains during the week ended May 2 in the backdrop of mixed economic data from the U.S.

RTTNews | 6小時38分鐘前

Australian Dollar Rises After PM Albanese's Win Election

Australian Dollar Rises After PM Albanese's Win Election

The Australian dollar strengthened against other major currencies in the late Asian session on Monday, after Australia's Prime Minister Anthony Albanese won a second three-year term in the 2025 Federal Election.

RTTNews | 7小時39分鐘前

Bay Street Seen Opening On Negative Note

Bay Street Seen Opening On Negative Note

Lower Canadian and U.S. futures amid concerns about fresh tariffs may send stock prices down the chart Monday morning. Also, uncertainty surrounding U.S.-China trade talks, and weak crude oil prices may also weigh on sentiment

RTTNews | 8小時16分鐘前

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