FTSE 100 Little Changed; Centrica Shares Surge

RTTNews | 1088 days ago
FTSE 100 Little Changed; Centrica Shares Surge

(RTTNews) - U.K. stocks were little changed on Tuesday and the pound rebounded from two-year lows after reports that incoming prime minister Liz Truss has drawn up plans to freeze energy bills for U.K. households.

The benchmark FTSE 100 was up 0.1 percent at 7,296 after closing 0.1 percent higher the previous day.

Energy and services company Centrica jumped nearly 4 percent on reports the company is in talks to boost financing.

Industrial equipment rental company Ashtead lost 2.8 percent despite reporting higher Q1 revenue and profits.

Berkeley Group surged 4.7 percent. The housebuilder announced it is "on track" to meet its profit guidance in the year ending next April.

Energy stocks declined as oil prices steadied after a two-day rally. BP Plc and Shell both fell over 2 percent.

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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 3h 8min ago
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

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RTTNews | 5h 12min ago
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 5h 41min ago
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 6h 47min ago