FTSE 100 Slips As Energy Stocks Drag

RTTNews | 578 days ago
FTSE 100 Slips As Energy Stocks Drag

(RTTNews) - U.K. stocks traded lower on Monday, with energy stocks underperforming after top exporter Saudi Arabia cut June prices for Asia.

Meanwhile, U.K. job placements declined again at the end of the year, albeit at softer rates as employers remained cautious about hiring, a survey report compiled by S&P Global showed.

Recruitment consultancies registered further decline in hiring but both permanent placements and temp billings decreased at softer rates, the KPMG/REC Report on Jobs said.

The benchmark FTSE 100 was down 22 points, or 0.3 percent, at 7,667 after falling around 0.4 percent on Friday.

BP Plc fell around 1 percent and peer Shell lost 2 percent as oil prices fell more than 1 percent on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output.

Earlier today, Shell flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore assets.

Plus500, a fintech company, soared 6 percent after announcing that it has delivered its annual results significantly ahead of market expectations.

read more
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | 17 minutes ago
DAX Modestly Lower After Four-day Winning Streak

DAX Modestly Lower After Four-day Winning Streak

German stocks are down in negative territory on Friday, drifting lower after four successive days of gains, as some disappointing earnings announcements, and concerns about the impact of tariffs imposed by U.S. President Donald Trump weigh on sentiment.
RTTNews | 1h 20min ago
European Shares Mixed As Investors Weigh Trump Tariff Impact

European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
RTTNews | 1h 51min ago
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
RTTNews | 5h 14min ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews | 5h 27min ago
Sensex, Nifty Edge Lower On Tariff Concerns

Sensex, Nifty Edge Lower On Tariff Concerns

Indian shares were moving lower on Friday as U.S. President Donald Trump ruled out trade talks with India and Prime Minister Modi said he will never compromise on farmers' interests.
RTTNews | 6h 25min ago