FTSE 100 Rises As Retail Sales Rebound

RTTNews | 559 hari yang lalu
FTSE 100 Rises As Retail Sales Rebound

(RTTNews) - U.K. stocks rose notably on Friday after retail sales rebounded by much more than expected in January.

Retail sales surged by 3.4 percent in the month after sliding by 3.3 percent in December. Economists had forecast retail sales to increase by 1.5 percent in January.

The benchmark FTSE 100 was up 49 points, or 0.7 percent, at 7,647 after edging up 0.4 percent on Thursday.

Dialight, the global leader in LED lighting for heavy industrial applications, fell nearly 2 percent on news that Fariyal Khanbabi has decided to step down as Chief Executive Officer and as a director of the company with immediate effect.

NatWest Group rose over 2 percent as the bank announced its biggest annual profit last year since the 2007 financial crisis. Warehousing group Segro added 1.3 percent after narrowing its FY23 loss before tax on rent growth and strong occupier demand.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

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RTTNews | 1j 8min yang lalu
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

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Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 2j 53min yang lalu
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 2j 59min yang lalu