FTSE 100 Drifts Lower For 3rd Straight Session

RTTNews | 5 hari yang lalu
FTSE 100 Drifts Lower For 3rd Straight Session

(RTTNews) - U.K. stocks are exhibiting weakness on Tuesday, losing ground for a third straight session, as investors react to the nation's jobs data, and await the Bank of England's monetary policy announcement due later in the week.

The benchmark FTSE 100 was down 24.73 points or 0.27% at 9,252.30 a little while ago.

Fresnillo is advancing 4.2%. Ashtead Group, Rio Tinto, Glencore, Mondi, Segro, Antofagasta, Sainsbury (J), Kingfisher, The Sage Group, Persimmon and Weir Group are up 1 to 2.2%.

Anglo American Plc is gaining about 1.5%. The mining giant has signed a definitive agreement with Codelco to coordinate operations at Los Bronces and Andina in Chile.

Online review platform Trustpilot is soaring nearly 11% after delivering both top-line growth and improved profitability in the first half of 2025 and launching a new share buyback program.

WPP is down more than 5%. Haleon is down by about 4%. Easyjet, Phoenix Group Holdings, Prudential, Centrica, Vodafone Group, Imperial Brands, Natwest Group, Pearson, British American Tobacco, Coca-Cola HBC and St. James's Place are down 1 to 2.2%.

Hiring firm SThree is tanking 20% after forecasting annual pre-tax profit well below market expectations.

Data from the Office for National Statistics showed the UK jobless rate remained unchanged and average earnings growth slowed in the three months to July.

The unemployment rate was at 4.7% in the three months to July, unchanged from the previous period.

Average earnings excluding bonuses increased 4.8% in May to July, which was down from 5% in the previous three-month period and matched expectations.

In August, payroll employment decreased 127,000 from the previous year and by 8,000 from the previous month to 30.3 million. The number of vacancies fell 10,000 sequentially to 728,000, in June to August.

read more
European Shares Slide As Auto Stocks Weigh

European Shares Slide As Auto Stocks Weigh

European stocks were broadly lower on Monday as investors awaited a key U.S. inflation reading as well as comments from several Federal Reserve officials this week for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 1j 6min yang lalu
Asian Shares Mixed As Investors Ponder Fed's Rate Path

Asian Shares Mixed As Investors Ponder Fed's Rate Path

Asian stocks turned in a mixed performance on Monday as investors wondered how U.S. President Donald Trump's crackdown on immigration will reshape the world's largest economy in the short and long term.
RTTNews | 1j 29min yang lalu
Dollar Edges Up After Fed's Cautious Rate Cut

Dollar Edges Up After Fed's Cautious Rate Cut

The six-currency Dollar Index which measures the U.S. dollar's strength against a basket of 6 currencies edged up during the week ended September 19 amidst a cautious rate cut by the Federal Reserve as well as status quo by Bank of England and Bank of Japan.
RTTNews | 1j 58min yang lalu
European Shares Seen Mostly Lower In Cautious Trade

European Shares Seen Mostly Lower In Cautious Trade

European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.
RTTNews | 4j 34min yang lalu
China Leaves Key Interest Rates Unchanged

China Leaves Key Interest Rates Unchanged

The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
RTTNews | 4j 45min yang lalu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | 6j 42min yang lalu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
RTTNews | 7j 2min yang lalu