FTSE 100 Gains On Early Rate Cut Hopes

RTTNews | 577日前
FTSE 100 Gains On Early Rate Cut Hopes

(RTTNews) - U.K. stocks traded higher on Friday after data showed British retail sales declined more than expected at the end of the year, increasing the odds of an early rate cut by the Bank of England.

Retail sales declined 3.2 percent on month in December, reversing the 1.4 percent increase in November. The decline was also bigger than forecast of 0.5 percent drop.

On a yearly basis, overall retail sales declined 2.4 percent after a 0.2 percent gain.

The benchmark FTSE 100 was up 46 points, or 0.6 percent, at 7,505 after closing 0.2 percent higher on Thursday.

In corporate news, food delivery company Deliveroo edged up slightly after saying it expects 2023 earnings slightly ahead of guidance.

4imprint Group shares jumped 12 percent. The direct marketer of promotional products said that it is expecting profit as well as revenue for the full year to increase from last year.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in choppy mid-market trading on Monday, after opening in the red and briefly treading in to the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with weakness in mining and energy stocks.
RTTNews | 57分前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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RTTNews | 1時20分前
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 1時54分前
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 2時30分前
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Monday, extending the gains in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 moving above the 43,500 level to fresh all-time highs, with gains in automakers and exporters partially offset by weakness in financial and technology stocks.
RTTNews | 2時54分前
Indonesia Bourse May Extend Losing Streak

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The Indonesia stock market on Friday snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Monday.
RTTNews | 3時0分前
Hong Kong Shares May See Continued Consolidation On Monday

Hong Kong Shares May See Continued Consolidation On Monday

The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 340 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,270-point plateau and it may continue to sputter on Monday.
RTTNews | 3時15分前
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is slightly higher on Monday after opening in the red, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with a mixed performance across most sectors.
RTTNews | 3時28分前