FTSE Modestly Higher; Halma, Games Workshop Soar On Earnings Updates

RTTNews | 6天前
FTSE Modestly Higher; Halma, Games Workshop Soar On Earnings Updates

(RTTNews) - The UK stock market's benchmark FTSE 100 index is up in positive territory around noon on Thursday, snapping a five-day losing streak, as concerns about tech valuations have eased a bit after U.S. AI-major Nvidia reported better than expected earnings and raised its revenue guidance.

The FTSE 100, which climbed to 9,586.50 earlier in the session, up 31.94 points or 0.34% at 9,539.35 a few minutes past noon.

Halma is soaring nearly 13%. The health and safety device maker raised its full-year guidance after posting record first-half results.

Games Workshop is up with a hefty gain of 11.5% after the company said it expects a rise in earnings and revenue for the first half.

For the six-month period to November 30, the Group anticipates a pre-tax income of GBP 135 million, higher than the GBP 126.8 million reported for the same period last year. The company projects core revenue of GBP 310 million, compared with GBP 269.4 million a year ago. The company, however, expects licensing revenue of GBP 16 million, less than GBP 30.1 million last year.

Airtel Africa is up nearly 4%, while Polar Capital Technology Trust, BAE Systems, Rolls-Royce Holding, Melrose Industries, Babcock International, Pershing Square Holdings and Smiths Group are up 1.8 to 3%.

AstraZeneca is up nearly 1% after the FDA expanded the approval of its drug, Koselugo, to include adult patients.

JD Sports Fashion is down by about 3.2% after lowering its profit outlook. Burberry is down 2.65%, while Vodafone Group, DCC, LondonMetric Property, Land Securities, Marks & Spencer, EasyJet and Mondi are down 1 to 2%.

Specialty chemicals company Johnson Matthey is down more than 5% after reshuffling its leadership team and announcing a fall in interim earnings.

British facilities management giant Mitie Group is down more than 3% after acquiring a specialist engineering business.

In economic news, the Confederation of British Industry (CBI) survey showed the UK's total order book balance edged up slightly to -37 in November 2025 from -38 in October, but remained well below market expectations of -30.

read more
Chicago Business Barometer Unexpectedly Plunges In November

Chicago Business Barometer Unexpectedly Plunges In November

MNI Indicators released a report on Wednesday unexpectedly showing a steep drop by its reading on Chicago-area business activity in the month of November. The report said the Chicago business barometer plunged to 36.3 in November after climbing to 43.8 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 44.3.
RTTNews | 1小時34分鐘前
U.S. Durable Goods Orders Climb 0.5% In September, More Than Expected

U.S. Durable Goods Orders Climb 0.5% In September, More Than Expected

New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.5 percent in September after spiking by an upwardly revised 3.0 percent in August. Economists had expected durable goods orders to rise by 0.3 percent.
RTTNews | 1小時45分鐘前
U.S. Weekly Jobless Claims Unexpectedly Dip To Seven-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Seven-Month Low

A report released by the Labor Department on Wednesday showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd. The Labor Department said initial jobless claims slipped to 216,000, a decrease of 6,000 from the previous week's revised level of 222,000. Economists had expected jobless claims to inch up to 225,000.
RTTNews | 1小時49分鐘前
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian stocks are likely to open on a positive note on Wednesday amid rising possibility of the Federal Reserve lowering interest rate by 25 basis points in December. Encouraging progress in Ukraine peace talks is also expected to aid sentiment.
RTTNews | 3小時23分鐘前
FTSE 100 Modestly Higher Ahead Of Autumn Budget

FTSE 100 Modestly Higher Ahead Of Autumn Budget

The UK market's FTSE 100 index was modestly higher a little before noon on Wednesday, with stocks turning in a mixed performance in cautious trade ahead of the autumn budget to be presented later in the day. Fed rate cut hopes and signs of progress in Ukraine peace talks help underpin sentiment.
RTTNews | 5小時12分鐘前
CAC 40 Rises To 1-week High, Up Nearly 0.5%

CAC 40 Rises To 1-week High, Up Nearly 0.5%

The French stock market gained notable ground in positive territory Wednesday morning thanks to some strong buying at select counters, and remained firmly placed well above the flat line around noon. Rising hopes of an interest rate cut by the Federal Reserve in December, and meaningful progress in Ukraine peace talks contribute to the positive mood in the market.
RTTNews | 5小時28分鐘前