FTSE 100 Edges Higher In Cautious Trade

RTTNews | 485 hari yang lalu
FTSE 100 Edges Higher In Cautious Trade

(RTTNews) - U.K. stocks advanced on Monday as data from property platform Zoopla suggested that U.K. house sales rose for the seventh consecutive month in April, driven by demand for smaller homes.

House prices experienced a growth of 1.9 percent in February, indicating a £5,318 increase over the past year.

The benchmark FTSE 100 was up 40 points, or half a percent, at 8,180 after adding 0.8 percent on Friday.

Mining giant Anglo American rose 1.3 percent as its board unanimously rejected a US$39Bn takeover bid from Australia-based BHP, saying the offer "significantly undervalues" the company and its future prospects and was "highly unattractive" for Anglo American's shareholders.

Oxford Biomedica shares jumped 6.4 percent. The cell and gene therapy contract development and manufacturing organization reported stability in its core business and reiterated its near-term and medium-term financial guidance.

Drug major AstraZeneca added 1.3 percent after announcing progress with two breast cancer treatments.

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European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
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FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers. The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
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CAC 40 Advances After Recent Losses

CAC 40 Advances After Recent Losses

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German stocks are down in negative territory in cautious trade on Wednesday amid political uncertainty in France ahead of a confidence vote early next month, and anxiety ahead of Nvidia's earnings for clues on the AI trade.
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Mixed Sentiment In Asian Markets

Mixed Sentiment In Asian Markets

Asian markets moved in a mixed fashion on Wednesday amidst anxiety ahead of release of earnings update by chip-giant NVIDIA.
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Euro Falls Against Majors

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The euro weakened against other major currencies in the European session on Wednesday.
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German GfK Consumer Confidence To Fall Further

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German consumer confidence is set to continue to fall in September as rising fear of job losses weighed on purchase decisions and damped hopes of robust economic recovery, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index fell to -23.6 in September from -21.7 in the previous month. The reading was forecast to drop moderately to -22.
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