FTSE 100 Edges Higher On Fed Rate Optimism

RTTNews | 1069 일 전
FTSE 100 Edges Higher On Fed Rate Optimism

(RTTNews) - U.K. stocks rose slightly on Thursday as Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes offset disappointing house price data.

According to Nationwide, British house prices tumbled 1.4 percent in November compared with October, marking the biggest monthly drop since June 2020.

The benchmark FTSE 100 edged up 16 points, or 0.2 percent, to 7,589 after closing 0.8 percent higher on Wednesday.

Energy stocks fell as oil prices dipped amid uncertainty about OPEC's decision on production at the Sunday meeting. BP Plc dropped 1 percent and Shell lost 1.4 percent.

Lender HSBC declined 1.2 percent after it agreed to sell its business in Canada to Royal Bank of Canada.

Online grocer Ocado jumped almost 7 percent after launching a new supplier insights product to help drive sales and increase revenue.

Components maker Essentra rose over 2 percent after buying Wixroyd Group, a supplier of industrial parts for the engineering sector.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
RTTNews | 1 시간 34 분 전
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

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RTTNews | 1 시간 53 분 전
No Help Yet For Thai Stock Market

No Help Yet For Thai Stock Market

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RTTNews | 2 시간 59 분 전
Indonesia Shares Tipped To Open In The Red

Indonesia Shares Tipped To Open In The Red

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RTTNews | 3 시간 29 분 전
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling nearly 3 percent to below the 50,050 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 3 시간 36 분 전
Lower Open Anticipated For Hong Kong Stock Market

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RTTNews | 3 시간 44 분 전
China Shares May Extend Tuesday's Losses

China Shares May Extend Tuesday's Losses

The China stock market headed south again on Tuesday, one day after ending the two-day slide in which it had dropped more than 60 points or 1.5 percent. The Shanghai Composite Index now sits just above the 3,960-point plateau and it's expected to open under water again on Wednesday.
RTTNews | 3 시간 59 분 전