FTSE 100 Little Changed In Lackluster Trade

RTTNews | 970 일 전
FTSE 100 Little Changed In Lackluster Trade

(RTTNews) - U.K. stocks were little changed on Friday, giving up earlier gains after the Treasury unveiled plans to reform the financial services industry.

The benchmark FTSE 100 was marginally lower at 7,467 after closing 0.2 percent lower on Thursday.

BP Plc lost 1.7 percent and Shell gave up 1.1 percent as crude oil prices languished near 2022 lows on worries of deeper global economic downturn.

Pendragon shares plunged 26 percent after Hedin Mobility Group AB announced that it does not intend to make a takeover offer for the used car dealer company, citing challenging market conditions and the uncertain economic outlook.

Porvair, an environmental technology group, jumped nearly 8 percent after saying that it expects a rise in revenue and an increased profitability in FY22.

Investment manager Man Group surged 5.6 percent on share buyback news.

Mining giant Anglo American declined 1.6 percent after warning on its ability to hit output goals.

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Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

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RTTNews | 1 시간 24 분 전
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

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RTTNews | 1 시간 45 분 전
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
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RTTNews | 6 시간 15 분 전
Bay Street May Open Slightly Higher

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Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
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