FTSE 100 Gains Ahead Of Budget Statement

RTTNews | 541 days ago
FTSE 100 Gains Ahead Of Budget Statement

(RTTNews) - U.K. stocks rose slightly on Wednesday as Chancellor Jeremy Hunt delivers his 2024 Budget, with measures including further tax cuts and public spending reductions widely expected.

The benchmark FTSE 100 was up 16 points, or 0.2 percent, at 7,662 after finishing marginally higher the previous day. In corporate news, life insurer Legal & General tumbled 3.3 percent after posting flat operating profit for 2023.

Ricardo, a sustainable energy company, rose more than 2 percent after narrowing its first-half loss.

Paperboard and packing producer DS Smith added about 1 percent after it showcased a resilient Q3 with a positive outlook and strategic focus on pricing, efficiency, and sustainable solutions.

Tullow Oil lost nearly 4 percent after its pretax profit slumped on lower oil prices and impairments.

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Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

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RTTNews | 1h 58min ago
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

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Chicago Business Barometer Slumps Much More Than Expected In August

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RTTNews | 5h 30min ago
U.S. Consumer Prices Increase In Line With Estimates In July

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German Unemployment Exceeds 3 Mln

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