FTSE 100 Declines On Growth, Inflation Concerns

RTTNews | 1257日前
FTSE 100 Declines On Growth, Inflation Concerns

(RTTNews) - U.K. stocks fell notably on Thursday amid renewed worries about slowing economic growth and uncertainty over pervasive inflation.

The British pound edged lower amid political uncertainty. In the first vote to choose who will succeed Boris Johnson as Conservative party leader, former finance minister Rishi Sunak won the biggest backing from Conservative lawmakers.

The benchmark FTSE 100 was down 56 points, or 0.8 percent, at 7,100 after declining 0.7 percent in the previous session.

Consumer credit reporting company Experian jumped 2.3 percent after its revenue in the first quarter grew 7 percent at actual exchange rates and 9 percent at constant exchange rates, benefiting from robust demand mainly in North America.

Investment manager Ashmore Group lost about 4 percent after the company saw its assets under management drop 18.3 percent to $64bn in the three months to June 2022.

Recruiter Hays advanced 1.7 percent after reporting a 23 percent jump in quarterly fees.

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Malaysia Shares May Open To The Upside Again On Tuesday

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 1時30分前
Japan Stock Market May Add To Its Winnings On Tuesday

Japan Stock Market May Add To Its Winnings On Tuesday

The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers. For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88. Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.
RTTNews | 1時45分前
Additional Support Called For South Korea Shares

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 2時0分前
RBA Minutes Due On Tuesday

RBA Minutes Due On Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 2時30分前
Swiss Markets Ends Marginally Down

Swiss Markets Ends Marginally Down

The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
RTTNews | 6時4分前