FTSE 100 Rises Ahead Of Central Bank Decisions

RTTNews | 960 hari yang lalu
Stocktwits
FTSE 100 Rises Ahead Of Central Bank Decisions

(RTTNews) - U.K. stocks were seeing modest gains on Wednesday as investors looked ahead to interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England.

Meanwhile, U.K. shop price inflation hit a record high in January as retailers offered fewer discounts amid rising input costs, data published by the British Retail Consortium showed earlier today.

The BRC- NielsenIQ shop price index rose 8.0 percent on a yearly basis in January following a 7.3 percent gain in December.

The benchmark FTSE 100 was up 14 points, or 0.2 percent, at 7,785 after losing 0.2 percent in the previous session.

Trading and mining firm Glencore was marginally higher after reporting production figures for 2022 which were largely in line with guidance provided for in October.

Telecom major Vodafone Group fell 2.5 percent after Q3 revenue growth slowed.

Sports-betting and gaming group Entain rallied 2.4 percent after lifting its profit outlook.

Halma added 2.5 percent after announcing it has acquired a manufacturer of fire detection products in a £22m deal.

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Technology Stocks Shine; TSX Up Nearly 0.5%

Technology Stocks Shine; TSX Up Nearly 0.5%

After opening marginally up, the Canadian market moved ahead Thursday morning, and remains firmly in positive territory a little before noon. Technology stocks have recovered from previous session's losses, contributing significantly to market's upmove.
RTTNews | 49 minit yang lalu
U.S. Leading Economic Index Falls Much More Than Expected In August

U.S. Leading Economic Index Falls Much More Than Expected In August

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Bank Of England Holds Key Rate; Slows Quantitative Tightening

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RTTNews | 3j 57min yang lalu
Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.
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