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FTSE 100 Slips Into Red Ahead Of PMI Data
(RTTNews) - U.K. stocks declined on Tuesday as investors awaited the latest business activity data for directional cues.
The benchmark FTSE 100 dropped half a percent to 7,750 after closing 0.2 percent higher on Monday.
Drug makers led losses, with AstraZeneca down 2.3 percent.
Primark-owner Associated British Foods fell about 1 percent despite reporting a 20 percent jump in revenue in the 16 weeks to 7 January 2023.
Brewing and pub giant Marston soared 6 percent after reporting positive sales for the festive period.
Components and systems manufacturer Senior Plc surged 10 percent after saying it expects annual profit to top consensus.
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Hong Kong Shares Poised To End Two-Day Slide
The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
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16 minutes ago
China Stock Market May Stop The Bleeding On Thursday
The China stock market has finished lower in two straight sessions, retreating more than 80 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,800-point plateau although it's due for support on Thursday.
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31 minutes ago
Taiwan Stock Market May Extend Winning Streak
The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
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1h 1min ago
Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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1h 31min ago
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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2h 1min ago
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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2h 16min ago
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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2h 31min ago
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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3h 31min ago
