FTSE 100 Edges Higher On Fed Rate Optimism

RTTNews | 1071 hari yang lalu
FTSE 100 Edges Higher On Fed Rate Optimism

(RTTNews) - U.K. stocks rose slightly on Thursday as Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes offset disappointing house price data.

According to Nationwide, British house prices tumbled 1.4 percent in November compared with October, marking the biggest monthly drop since June 2020.

The benchmark FTSE 100 edged up 16 points, or 0.2 percent, to 7,589 after closing 0.8 percent higher on Wednesday.

Energy stocks fell as oil prices dipped amid uncertainty about OPEC's decision on production at the Sunday meeting. BP Plc dropped 1 percent and Shell lost 1.4 percent.

Lender HSBC declined 1.2 percent after it agreed to sell its business in Canada to Royal Bank of Canada.

Online grocer Ocado jumped almost 7 percent after launching a new supplier insights product to help drive sales and increase revenue.

Components maker Essentra rose over 2 percent after buying Wixroyd Group, a supplier of industrial parts for the engineering sector.

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Sensex, Nifty Open Higher On Firm Global Cues

Sensex, Nifty Open Higher On Firm Global Cues

Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | 1j 51min yang lalu
Australian Market Halves Its Early Gains In Mid-market

Australian Market Halves Its Early Gains In Mid-market

The Australian market is halving its early gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains across most sectors led by mining and energy stocks amid rebounding commodity prices.
RTTNews | 3j 8min yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private US economic data and growing expectations that the US Supreme Court may reject the Trump administration's aggressive trade policy.
RTTNews | 3j 34min yang lalu
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is sharply higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up almost 2 percent to above the 50,900 level, with gains across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 3j 58min yang lalu
Thai Stock Market May Reclaim 1,300-Point Plateau

Thai Stock Market May Reclaim 1,300-Point Plateau

The Thai stock market has moved lower in five straight sessions, slumping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau although it's expected to open to the upside on Thursday.
RTTNews | 4j 30min yang lalu
Additional Support Anticipated For Indonesia Shares

Additional Support Anticipated For Indonesia Shares

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just beneath the 8,320-point plateau and it may add to its winnings on Thursday.
RTTNews | 5j 0min yang lalu
Hong Kong Bourse May Halt Its Slide On Thursday

Hong Kong Bourse May Halt Its Slide On Thursday

The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 220 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 25,930-point plateau although it may find traction on Thursday.
RTTNews | 5j 15min yang lalu