FTSE 100 Sees Cautious Gains; Prudential Shares Climb Over 3%

RTTNews | 719 hari yang lalu
FTSE 100 Sees Cautious Gains; Prudential Shares Climb Over 3%

(RTTNews) - U.K. stocks were seeing modest gains on Wednesday after Prudential impressed investors with its earnings.

The benchmark FTSE 100 was up 11 points, or 0.2 percent, at 7,476 after rallying 1.7 percent on Tuesday.

Insurer Prudential rallied 3.5 percent after first-half operating profit rose 6 percent.

Direct Line Insurance Group rose 1.2 percent after the motor and home insurer poached Adam Winslow, a senior executive at rival Aviva, to be its new chief executive.

Oil & gas giant BP Plc gained 0.6 percent and Shell added 0.3 percent as oil prices climbed after a large U.S. stockpile draw and amid Hurricane Idalia jitters.

Hi-tech software firm Instem soared 40 percent after it agreed to a £203m takeover by a U.S. private equity firm.

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Yen Falls Amid Risk-on Mood

Yen Falls Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
RTTNews | 1j 47min yang lalu
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 1j 58min yang lalu
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

Indian shares opened on a buoyant note on Monday after S&P Global Ratings upgraded India's sovereign ratings and Prime Minister Narendra Modi promised next generational GST reforms by Diwali, which will bring down the tax burden on consumers as well as MSMEs.
RTTNews | 3j 19min yang lalu
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in choppy mid-market trading on Monday, after opening in the red and briefly treading in to the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with weakness in mining and energy stocks.
RTTNews | 4j 12min yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine, and had "largely agreed". Asian markets closed mostly higher on Friday.
RTTNews | 4j 34min yang lalu
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Sensex, Nifty Seen Higher On Proposed GST Reforms Push

Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 5j 8min yang lalu
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 5j 44min yang lalu