FTSE 100 Climbs Led By Miners

RTTNews | 571 days ago
Stocktwits
FTSE 100 Climbs Led By Miners

(RTTNews) - U.K. stocks traded higher on Friday, with miners leading the surge on improved manufacturing data from China. Encouraging U.K. house price data also boosted sentiment.

U.K. house prices rose by 0.2 percent in November, marking the third successive monthly increase, the latest Nationwide house price index revealed.

The benchmark FTSE 100 was up 66 points, or 0.9 percent, at 7,520 after closing up 0.4 percent on Thursday.

Anglo American, Antofagasta and Glencore jumped 3-6 percent after China's Caixin manufacturing activity unexpectedly expanded in November.

The Caixin manufacturing Purchasing Managers' Index rose to a three-month high of 50.7 in November from 49.5 in October.

AstraZeneca added 1.2 percent after announcing it is discontinuing two phase III trials into hyperkalaemia treatment.

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Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti
RTTNews | 1h 17min ago
Powell Indicates Federal Reserve Likely To Remain On Hold

Powell Indicates Federal Reserve Likely To Remain On Hold

Despite intense pressure from President Donald Trump to lower interest rates, Federal Reserve Chair Jerome Powell on Tuesday indicated the central bank is likely to remain on hold. "For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said.
RTTNews | 2h 50min ago
FTSE 100 Lags In Ceasefire-led Rebound

FTSE 100 Lags In Ceasefire-led Rebound

With an addition of just a little more than quarter percent, the FTSE 100 benchmark of the London Stock Exchange underperformed its peers in the region.
RTTNews | 3h 35min ago
DAX Outperforms Peers

DAX Outperforms Peers

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange staged an emphatic rebound on Tuesday.
RTTNews | 4h 33min ago
German Ifo Business Confidence Strongest In 13 Months

German Ifo Business Confidence Strongest In 13 Months

German business confidence rose to the highest level in 13 months in June driven by improving hopes that fiscal measures will underpin economic recovery, a closely watched survey showed on Tuesday. The business climate index registered 88.4 in June, up from 87.5 in May, the Munich-based ifo Institute revealed. This was the highest level since May 2024, when the reading was 88.9.
RTTNews | 6h 30min ago
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