FTSE 100 Up Marginally As Investors React To Earnings, Jobs Data

RTTNews | 216 hari yang lalu

(RTTNews) - After edging up marginally at the start, U.K. stocks retreated a bit and are quite subdued in late morning trade Tuesday, with investors digesting the nation's jobs data and corporate earnings updates.

The benchmark FTSE 100 was up 15 points or 0.17% at 8,783.01 a little while ago.

Miners Antofagasta and Glencore are up 2.4% and 2%, respectively. Antofagasta backed its FY25 outlook after reporting strong 2024 performance with 5% revenue growth and a widened EBITDA margin at 52%.

Rolls-Royce Holdings, Ashtead Group, Natwest Group, HSBC Holdings, Hiscox, Melrose Industries, IAG and Barclays Group are up 1 to 2%.

BAE Systems, Pershing Square Holdings, Intertek Group, British American Tobacco, Lloyds Banking Group and Standard Chartered are up with modest gains.

BT Group is down 5.5% as Citi has downgraded its stance on the shares to 'sell' from 'buy' and cut the price target.

CTS Eventim surged 2.4 percent. The company said its 2024 revenue grew by 19 percent, driven by both its ticketing and live entertainment segments.

Intercontinental Hotels Group is down nearly 3%. The global hospitality leader announced the acquisition of the Ruby brand from Ruby SARL for an initial purchase consideration of €110.5 million (approximately $116 million).

Sainsbury (J) is down 2.7%. Airtel Africa, Tesco, Severn Trent, RightMove, SSE, Centrica, Marks & Spencer and Mondi are lower by 1 to 2.3%.

Data from the Office for National Statistics showed the UK unemployment rate remained unchanged in the fourth quarter, with the jobless rate coming in a 4.4%, the same as in the preceding period. Economists had forecast the rate to rise to 4.5%.

In the three months to December, average earnings excluding bonus grew at a pace of 5.9% annually, in line with expectations. At the same time, including bonus, earnings advanced 6% compared to economists' forecast of 5.9%.

Data showed that payroll employees for January increased 21,000 from the last month and increased by 49,000 from the previous year to 30.4 million.

Australia Manufacturing PMI Slips To 51.6 - S&P Global

The manufacturing sector in Australia continued to expand in September, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 51.6.

RTTNews | 10 minit yang lalu

Malaysia Stock Market May See Additional Support On Tuesday

The Malaysia stock market on Monday ended the two-day slide in which it had fallen almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The KLCI finished slightly higher on Monday following gains from the financial shares, losses from the telecoms and a mixed picture from the plantation stocks. For the day, the index rose 5.11 points or 0.32 percent to finish at 1,603.34 after trading between 1,596.46 and 1,604.31. Among the actives, 99 Speed Mart Retail sank 0.76 percent, while AMMB Holdings jumped 1.26 percent, Axiata plunged 2.95 percent, Celcomdigi slumped 1.06 percent, CIMB Group strengthened 1.11 percent, Gamuda surged 3.08 percent, IHH Healthcare and Maybank both added 0.41 percent, IOI Corporation eased 0.26 percent, Kuala Lumpur Kepong lost 0.50 percent, Maxis was down 0.27 percent, MISC dropped 0.93 percent, MRDIY soared 1.91 percent, Nestle Malaysia spiked 1.88 percent, Petronas Chemicals increased 0.45 percent, Petronas Dagangan plummeted 3.04 percent, Petronas Gas retreated 1.08 percent, PPB Group slipped 0.39 percent, Press Metal shed 0.53 percent, Public Bank improved 0.71 percent, QL Resources tanked 2.05 percent, RHB Bank collected 0.61 percent, Sime Darby stumbled 2.33 percent, SD Guthrie advanced 0.95 percent, Sunway rallied 1.86 percent, Telekom Malaysia fell 0.42 percent, Tenaga Nasional rose 0.30 percent, YTL Corporation gained 0.37 percent and YTL Power climbed 0.96 percent. The lead from Wall Street is mildly positive as the major averages opened in the red on Monday but quickly bounced higher and continued to trend that way throughout the session, ending near daily highs.

RTTNews | 25 minit yang lalu

KOSPI May Extend Its Gains On Tuesday

The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the 11-day winning streak in which it had surged more than 300 points or 9.6 percent. Now at a fresh record closing high, the KOSPI sits just beneath the 3,470-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The KOSPI finished modestly higher on Monday following gains from the automobile producers and mixed performances from the financial shares, chemicals and technology stocks. For the day, the index added 23.41 points or 0.68 percent to finish at 3,468.65 after trading between 3,458.87 and 3,482.25. Volume was 280.84 million shares worth 11.84 trillion won. There were 545 decliners and 332 gainers. Among the actives, Shinhan Financial fell 0.43 percent, while KB Financial collected 0.34 percent, Hana Financial dipped 0.33 percent, Samsung Electronics surged 4.77 percent, Samsung SDI rallied 2.82 percent, LG Electronics improved 0.76 percent, SK Hynix shed 0.57 percent, Naver sank 0.85 percent, LG Chem jumped 1.69 percent, Lotte Chemical lost 0.76 percent, SK Innovation perked 0.19 percent, POSCO Holdings dropped 0.88 percent, SK Telecom slumped 0.72 percent, KEPCO advanced 0.98 percent, Hyundai Mobis strengthened 1.46 percent, Hyundai Motor accelerated 1.87 percent and Kia Motors rose 0.30 percent.

RTTNews | 55 minit yang lalu

U.S. Dollar Declines Amid Rate Cut Hopes

The U.S. dollar weakened against its major counterparts in the New York session on Monday, amid growing expectations of future rate cuts from the Federal Reserve.

RTTNews | 1j 22min yang lalu

Singapore Inflation Data Due On Tuesday

Singapore will on Tuesday release August numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In July, overall inflation was down 0.5 percent on month and up 0.6 percent on year, while core CPI rose an annual 0.5 percent,

RTTNews | 1j 55min yang lalu

Swiss Market Settles Marginally Up

The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.

RTTNews | 6j 2min yang lalu

European Stocks Close Mostly Lower After Cautious Session

European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.

RTTNews | 6j 28min yang lalu

TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday. Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.

RTTNews | 7j 40min yang lalu

EURUSD	1.18008	GBPUSD	1.35151	AUDUSD	0.65999
USDJPY	147.732	USDCAD	1.38244	USDCHF	0.79239