FTSE 100 Slips On Downbeat Retail Sales Data

RTTNews | 648 hari yang lalu
Stocktwits
FTSE 100 Slips On Downbeat Retail Sales Data

(RTTNews) - U.K. stocks fell on Friday after data showed U.K. retail sales registered a bigger-than-expected fall in July as a result of poor weather and the rising cost-of-living.

The retail sales volume declined 1.2 percent month-on-month in July, offsetting June's 0.6 percent increase. This was the first drop in four months. Sales were forecast to fall 0.5 percent.

On a yearly basis, the decline in overall retail sales deepened to 3.2 percent from 1.6 percent in June. The annual fall also exceeded the expected fall of 2.1 percent.

The benchmark FTSE 100 was down 52 points, or 0.7 percent, at 7,258 after ending 0.6 percent lower on Thursday.

China-related miners declined following Evergrande's bankruptcy filing in New York. Anglo American, Antofagasta and Glencore lost 2-3 percent.

Insulation and building materials group Kingspan tumbled 3.5 percent after first-half revenue slipped in a challenging environment.

Temple Bar Investment Trust fell about 1 percent after reporting earnings results for the half-year ended June 30, 2023.

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PERINGATAN RISIKO TINGGI: Perdagangan pertukaran mata wang asing mempunyai risiko tinggi yang mungkin tidak sesuai untuk semua jenis pelabur. Leveraj menimbulkan risiko dan kerugian tambahan. Sebelum anda memutuskan untuk berdagang pertukaran mata wang asing, pertimbangkan dengan teliti objektif pelaburan, tahap pengalaman dan toleransi risiko anda. Anda berkemungkinan kehilangan sebahagian atau semua pelaburan awal anda. Jangan melaburkan wang yang anda tidak mampu untuk kehilangan. Didik diri anda tentang risiko yang berkaitan dengan perdagangan pertukaran asing, dan dapatkan nasihat daripada penasihat bebas kewangan atau cukai jika anda mempunyai sebarang pertanyaan mengenainya. Semua data dan maklumat yang disediakan adalah semata-mata untuk tujuan maklumat, dan bukan bertujuan untuk tujuan perdagangan atau nasihat. Prestasi masa lalu tidak semestinya menunjukkan hasil masa depan.