FTSE 100 Rises As House Prices Show Surprise Rise

RTTNews | 663 hari yang lalu
FTSE 100 Rises As House Prices Show Surprise Rise

(RTTNews) - U.K. stocks were slightly higher on Wednesday as investors reacted to mixed earnings updates and looked ahead to the Federal Reserve's decision on rates.

In economic releases, data showed British house prices in October were 0.9 percent higher than in September, supported by a lack of properties for sale.

The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 7,334 after finishing marginally lower on Tuesday.

Clothing and homeware group Next rallied 3.4 percent after raising its profit guidance for the fourth time so for this fiscal year.

Likewise, pharmaceutical giant GSK rose about 1 percent after upgrading its financial guidance for the second time this year.

BHP rose 0.6 percent. The chief executive of the mining giant said China's demand for commodities including iron ore and copper remains robust despite signs of lackluster economic recovery in the country and troubles in the property market.

ASOS plunged 10 percent after the embattled fast fashion retailer posted a near £300m annual loss.

Aston Martin Lagonda plummeted 14 percent. The luxury carmaker lowered its 2023 volume outlook for the DB12 model after posting a wider-than-expected third-quarter loss.

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Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | 2j 19min yang lalu
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RTTNews | 3j 45min yang lalu
Japanese Market Notably Higher

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The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 3j 57min yang lalu
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RTTNews | 4j 15min yang lalu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews | 4j 16min yang lalu