FTSE 100 Rises As House Prices Show Surprise Rise

RTTNews | 663 일 전
FTSE 100 Rises As House Prices Show Surprise Rise

(RTTNews) - U.K. stocks were slightly higher on Wednesday as investors reacted to mixed earnings updates and looked ahead to the Federal Reserve's decision on rates.

In economic releases, data showed British house prices in October were 0.9 percent higher than in September, supported by a lack of properties for sale.

The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 7,334 after finishing marginally lower on Tuesday.

Clothing and homeware group Next rallied 3.4 percent after raising its profit guidance for the fourth time so for this fiscal year.

Likewise, pharmaceutical giant GSK rose about 1 percent after upgrading its financial guidance for the second time this year.

BHP rose 0.6 percent. The chief executive of the mining giant said China's demand for commodities including iron ore and copper remains robust despite signs of lackluster economic recovery in the country and troubles in the property market.

ASOS plunged 10 percent after the embattled fast fashion retailer posted a near £300m annual loss.

Aston Martin Lagonda plummeted 14 percent. The luxury carmaker lowered its 2023 volume outlook for the DB12 model after posting a wider-than-expected third-quarter loss.

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Japan Stock Market May Spin Its Wheels On Tuesday

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.
RTTNews | 21 분 전
KOSPI May Run Out Of Steam On Tuesday

KOSPI May Run Out Of Steam On Tuesday

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RTTNews | 36 분 전
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RTTNews | 1 시간 36 분 전
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 5 시간 34 분 전
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 5 시간 55 분 전
Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
RTTNews | 6 시간 35 분 전
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

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New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
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