FTSE 100 Slips Ahead Of PM Race Result

RTTNews | 1086 days ago
FTSE 100 Slips Ahead Of PM Race Result

(RTTNews) - U.K. stocks were moving lower on Monday after a survey showed the U.K. service sector growth slowed down further in August.

Europe's energy woes and anxiety ahead of the announcement of a new prime minister later in the day also weighed on sentiment.

The benchmark FTSE 100 dropped 63 points, or 0.9 percent, to 7,217 after closing 1.9 percent higher on Friday.

Shares of Countryside Partnerships surged 6 percent. The company said it has reached agreement to be acquired by Vistry Group PLC (VTY.L) in around 1.25 billion pounds cash and stock deal.

Aston Martin Lagonda Global Holdings plummeted 13 percent. The luxury motor vehicle manufacturer announced a heavily discounted rights issue to help pay off debt and support future growth.

Energy stocks climbed as oil prices jumped more than $2 a barrel ahead of an OPEC+ meeting to decide on supply. BP Plc gained 1 percent and Shell added half a percent.

read more
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
RTTNews | 13 minutes ago
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
RTTNews | 1h 40min ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
RTTNews | 1h 58min ago
Indonesia Shares May Reverse Tuesday's Losses

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | 2h 10min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.
RTTNews | 2h 16min ago
Hong Kong Shares Expected To Open To The Upside

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.
RTTNews | 2h 25min ago
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.
RTTNews | 2h 40min ago
Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.
RTTNews | 3h 10min ago