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FTSE 100 Inches Higher After GDP Data

RTTNews | 700 일 전

FTSE 100 Inches Higher After GDP Data

(RTTNews) - U.K. stocks edged higher on Wednesday after data showed retailers and the film industry helped Britain's economy inch higher in April as expected.

GDP grew by 0.2 percent month-on-month in April, the Office for National Statistics said, coming in line with analyst estimates.

The benchmark FTSE 100 was up 19 points, or 0.3 percent, at 7,614 after closing up 0.3 percent on Tuesday.

Ladbrokes-owner Entain slumped 11 percent on news it would buy Poland-based sports betting operator STS Holdings for 750 million pounds ($946 million).

Self-storage company Safestore Holdings fell more than 2 percent after its pre-tax profit declined 64 percent in the first half of fiscal 2023 despite higher revenue.

Oil & gas giant Shell gained half a percent after it announced plans to ramp up dividend and share buybacks.

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Pound Falls Against U.S. Dollar, Euro

Pound Falls Against U.S. Dollar, Euro

The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.

RTTNews | 49 분 전

E.ON Confirms Outlook After Higher Q1 Adj. Earnings

E.ON Confirms Outlook After Higher Q1 Adj. Earnings

German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.

RTTNews | 6 시간 5 분 전

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Wednesday.

RTTNews | 8 시간 29 분 전

FTSE 100 Flat As Stocks Move In Tight Range

FTSE 100 Flat As Stocks Move In Tight Range

U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.

RTTNews | 9 시간 4 분 전

CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings

CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings

French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.

RTTNews | 9 시간 25 분 전

Sensex, Nifty End Choppy Session Modestly Higher

Sensex, Nifty End Choppy Session Modestly Higher

Indian shares ended modestly higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.

RTTNews | 9 시간 30 분 전

DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings

DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings

German stocks are down in negative territory on Wednesday with investors mostly making cautious moves after recent gains in the wake of the U.S. and China striking a trade deal, and somewhat soft U.S. consumer price inflation data.

RTTNews | 9 시간 47 분 전

European Shares Drift Lower In Lackluster Trade

European Shares Drift Lower In Lackluster Trade

European stocks were slightly lower in cautious trade on Wednesday while the dollar extended losses as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.

RTTNews | 10 시간 39 분 전

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