FTSE 100 Gains Led By Commodity Stocks

RTTNews | 734 days ago
FTSE 100 Gains Led By Commodity Stocks

(RTTNews) - U.K. stocks were seeing modest gains on Friday after a survey showed Britons are now less downbeat about the outlook for their personal finances.

The GfK consumer sentiment indicator rose to -25 in August from a three-month low of -30 in July, marking its biggest rise since April.

The benchmark FTSE 100 was up 25 points, or 0.3 percent, at 7,358 after closing up 0.2 percent on Thursday.

Higher metal prices helped lift miners, with Anglo American and Antofagasta climbing 1-2 percent.

Oil & gas giant BP Plc rose over 1 percent and Shell added 0.8 percent as crude prices advanced ahead of Fed Chair Jerome Powell's upcoming speech in Jackson Hole.

CMC Markets, a provider of online retail and institutional platform technology, plunged more than 10 percent after the company said that it sees lower net revenue trends for the fiscal 2024, on continued subdued market conditions.

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European Shares Seen Higher At Open

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RTTNews | 50 minutes ago
Sensex Nifty Decline On Tariff Worries

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Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 1h 43min ago
European Economic News Preview: Eurozone Economic Sentiment Data Due

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RTTNews | 1h 44min ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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RTTNews | 3h 10min ago
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RTTNews | 3h 25min ago
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

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RTTNews | 4h 7min ago
Japanese Market Notably Higher

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The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 4h 15min ago