FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

RTTNews | 798日前
FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

(RTTNews) - U.K. stocks were little changed on Tuesday after official data showed government borrowing swelled to £25.6bn ($31.77bn) last month due to additional costs of energy support schemes.

Meanwhile, manufacturing and services PMIs for May surprised to the downside.

Uncertainty over raising the U.S. debt ceiling limit and signs of increasing Sino-U.S. tensions also served to keep underlying sentiment cautious.

The benchmark FTSE 100 was marginally higher at 7,775 after closing 0.2 percent higher on Monday.

Meat producer jumped 4.7 percent after reporting higher annual profit.

Flooring specialist Topps Tiles added 1.6 percent after posting record sales, driven by "nationwide store coverage, world-class customer service and strong omnichannel capability".

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European Economic News Preview: Eurozone GDP Data Due

European Economic News Preview: Eurozone GDP Data Due

Flash quarterly national accounts from the euro area and other major economies of the currency bloc are due on Wednesday, headlining a busy day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes GDP and consumer spending data. The economy is forecast to grow 0.1 percent sequentially, the same rate of growth as seen in the first quarter.
RTTNews | 25分前
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,750 level, despite the broadly negative cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | 1時37分前
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and seemed reluctant to make significant moves as they watch developments on the tariff front as the deadline of August 1 set by the US President Donald Trump nears. They also look ahead to the US Fed's monetary policy announcement later in the day.
RTTNews | 1時59分前
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,230-point plateau although it may spin its wheels on Wednesday.
RTTNews | 3時6分前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Wednesday after opening in the green, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,600 level, with weakness in automaker stocks and a mixed performance in most other sectors.
RTTNews | 3時21分前
Indonesia Shares May Open Under Pressure On Wednesday

Indonesia Shares May Open Under Pressure On Wednesday

The Indonesia stock market has moved higher in five straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,615-point plateau although investors are likely to cash in on Wednesday.
RTTNews | 3時36分前