FTSE 100 Down 127 Points As Traders Await BOE Decision

RTTNews | 834 hari yang lalu
FTSE 100 Down 127 Points As Traders Await BOE Decision

(RTTNews) - U.K. stocks slumped on Wednesday, with miners suffering heavy losses on China demand worries and Fitch's move to downgrade U.S. credit rating.

Investors also looked ahead to the Bank of England's interest rate announcement on Thursday and the U.S. nonfarm payrolls report due to be published on Friday for directional cues.

The benchmark FTSE 100 was down 127 points, or 1.7 percent, at 7,539 after closing 0.4 percent lower on Tuesday.

Miners Anglo American, Antofagasta and Glencore fell 2-3 percent.

Ferrexpo dropped 2 percent after reporting a fall in pellet production for the first half of the year.

BAE Systems jumped 5 percent. The defense company upgraded its guidance for 2023 after reporting strong first-half figures.

Housebuilder Taylor Wimpey rallied more than 3 percent after its first-half trading beat expectations.

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Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 1j 9min yang lalu
Losses May Accelerate For Taiwan Stock Market

Losses May Accelerate For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day losing streak in which it had given up more than 640 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 27,900-point plateau and it's expected to open to the downside on Friday.
RTTNews | 1j 27min yang lalu
Singapore Shares May Run Out Of Steam On Friday

Singapore Shares May Run Out Of Steam On Friday

The Singapore stock market has finished higher in three straight sessions, gathering almost 90 points or 2 percent along the way. The Straits Times Index now sits just above the 4,575-point plateau although it may spin its wheels on Friday.
RTTNews | 1j 57min yang lalu
Malaysia Bourse May Hand Back Thursday's Gains

Malaysia Bourse May Hand Back Thursday's Gains

The Malaysia stock market inched higher again on Thursday, one day after ending the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although it figures to head south again on Friday.
RTTNews | 2j 27min yang lalu
Rally May Stall On Friday For Japan Stock Market

Rally May Stall On Friday For Japan Stock Market

The Japan stock market has finished higher in back-to-back sessions, advancing more than 430 points or 0.8 percent along the way. The Nikkei 225 now rests just above the 51,280-point plateau although it may run out of steam on Friday.
RTTNews | 2j 42min yang lalu
Profit Taking Expected For KOSPI On Friday

Profit Taking Expected For KOSPI On Friday

The South Korea stock market has tracked higher in four straight sessions, advancing almost 220 points or 5.5 percent in that span. The KOSPI sits just above the 4,170-point plateau although investors figure to cash in on Friday.
RTTNews | 2j 57min yang lalu
China Data On Tap For Friday

China Data On Tap For Friday

China will on Friday release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are October figures for fixed asset investment, industrial production, retail sales, house prices and unemployment.
RTTNews | 3j 27min yang lalu