FTSE 100 Slips On Interest-rate Concerns

RTTNews | 908 hari yang lalu
Stocktwits
FTSE 100 Slips On Interest-rate Concerns

(RTTNews) - U.K. stocks were moving lower on Thursday, with ex-dividend trades and inflation concerns weighing on markets.

Bank of England Governor Andrew Bailey said in his speech at Brunswick Group's Cost of Living Conference in London that rates could rise further if inflationary pressures become embedded.

The benchmark FTSE 100 was down 20 points, or 0.3 percent, at 7,895 after gaining half a percent on Wednesday.

Lender HSBC fell 4.3 percent on going ex-dividend. Flutter Entertainment shares tumbled 4 percent. The gambling and betting group reported FY22 core profit at the lower end of its guidance range.

Vesuvius, an engineering company, jumped nearly 6 percent after reporting a rise in earnings for 2022, amidst an increase in revenue.

Buildings giant CRH soared 11 percent after reporting a jump in 2022 profit and unveiling share buyback plans.

Public transport company National Express rallied 11 percent after reporting improved financial and operating performance for FY22.

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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.
RTTNews | 33 minit yang lalu
Singapore Stock Market Expected To Open In The Green

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.
RTTNews | 1j 3min yang lalu
Malaysia Stock Market Expected To Open To The Upside On Wednesday

Malaysia Stock Market Expected To Open To The Upside On Wednesday

The Malaysia stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it's likely to rebound on Wednesday.
RTTNews | 1j 33min yang lalu
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Japan Stock Market May See Renewed Support

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RTTNews | 1j 48min yang lalu
Rebound Tipped For South Korea Stock Market

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,180-point plateau although it may reverse those losses on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | 2j 3min yang lalu
TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.
RTTNews | 6j 37min yang lalu
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