FTSE 100 Up Nearly 1% On Encouraging Earnings Updates

RTTNews | 11日前

(RTTNews) - U.K. stocks are up firmly in positive territory Thursday morning amid easing concerns about trade, as the U.S. and EU appear set to strike a deal sometime soon. Investors are also reacting to earnings updates and the latest batch of regional economic data.

The benchmark FTSE 100 was up 85.87 points or 0.91% at 9,147.36 about a quarter before noon.

Howden Joinery is soaring 11.6%, buoyed by strong first-half earnings. The company said that its pre-tax profit rose 4.4% to 117 million pounds for the six months ended June 2025.

Reckitt Benckiser is climbing up nearly 11%. The consumer healthcare and hygiene power-house upgraded its full-year guidance after a strong performance in the first-half.

BT Group is gaining about 8% after naming Patricia Cobian, currently with rival Virgin Media O2, as its first female chief financial officer.

Airtel Africa is up nearly 7%. Vodafone Group is gaining 4.7% after the telecommunications company launched a €500 million share repurchase program that will run through November 10, 2025.

Babcock International, Diploma, Standard Chartered, Kingfisher, Ashtead Group, AstraZeneca and Barclays are gaining 2 to 2.5%.

Lloyds Banking is modestly higher after reporting a 5% rise in first-half profit.

SSE is down 2.1%. Fresnillo, Endeavour Mining, 3i Group, Intercontinental Hotels and Melrose Industries are down 1.25 to 2%.

On the economic front, according flash estimates, the UK S&P Global Composite PMI fell to 51 in July from 52 in the previous month. The expansion was supported by the services sector (51.2 vs 48.2 in June), offsetting a softer decline for the manufacturing sector (48.2 vs 47.7).

A report from the Confederation of British Industry showed business confidence in the United Kingdom increased to -27 points in the third quarter of 2025 from -33 points in the second quarter of 2025.

Another report from the same bureau said that the UK's total order book balance rose slightly to -30 in July 2025, up from -33 in June,

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.

RTTNews | 18分前

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.

RTTNews | 44分前

Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 1時16分前

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day slide in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,230-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 1時48分前

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 40,400 level, with small gains across most sectors led by exporters, automakers and financial stocks.

RTTNews | 2時11分前

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | 2時18分前

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | 2時31分前

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.

RTTNews | 2時33分前

EURUSD	1.15609	GBPUSD	1.3282	AUDUSD	0.64603
USDJPY	147.171	USDCAD	1.37869	USDCHF	0.80904

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FTSE 100 Up Nearly 1% On Encouraging Earnings Updates