FTSE 100 Declines As Financials And Energy Stocks Drag
(RTTNews) - U.K. stocks were moving lower on Friday as the pound sterling held gains and investors awaited the latest U.S. labor market statistics for directional cues.
The benchmark FTSE 100 dropped 28 points, or 0.4 percent, to 7,531 after declining 0.2 percent on Thursday.
Financials declined, with Standard Chartered and HSBC Holdings falling around 1 percent each.
Energy stocks succumbed to selling pressure after recent gains.
BP Plc lost 2.5 percent and Shell gave up 1.60 percent after the release of troubling U.S. manufacturing data and amid uncertainty over the outcome of Sunday's OPEC+ meeting.
Wizz Air Holdings gained nearly 2 percent after reporting a 70 percent rise in passenger traffic figures for November.
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Sensex, Nifty Marginally Lower In Early Trade, Axis Bank Surges Over 4%
Indian shares opened Thursday's session on a subdued note, tracking weak cues from other Asian markets after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected revenue.
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4h 46min ago
Asian Markets Mixed Amid Cautious Trades
Following the mixed cues from Wall Street overnight, Asian stock markets are also trading mixed on Thursday, as traders remain cautious ahead of the report on first quarter US GDP data that could have an impact on the outlook for interest rates. The Fed is widely expected to leave interest rates unchanged at next week's US Fed monetary policy meeting.
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6h 3min ago
Sensex, Nifty Likely To Open Lower As Meta Outlook Disappoints
Indian shares look set to open lower on Thursday, tracking weak cues from global markets and ahead of the expiry of April series derivative contracts.
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6h 41min ago
Japanese Market Sharply Lower
Giving up some of the gains in the previous three sessions, the Japanese market is sharply lower on Thursday, following the mixed cues from Wall Street overnight. The Nikkei 225 is plunging below the 37,800 level, with losses across most sectors led by exporters and technology stocks.
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6h 58min ago
Soft Start Predicted For Thai Stock Market
The Thai stock market has moved higher in three straight sessions, advancing almost 30 points or 2.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although investors may cash in on Thursday.
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7h 14min ago
Indonesia Stock Market Has Flat Lead For Thursday
The Indonesia stock market has climbed higher in back-to-back sessions, improving more than 100 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,175-point plateau and it's expected to see little movement on Thursday.
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7h 44min ago
Hong Kong Shares May See Profit Taking On Thursday
The Hong Kong stock market has moved higher in three straight sessions, gathering almost 1,000 points or 6 percent along the way. The Hang Seng Index now sits just above the 17,200-point plateau although it's due for consolidation on Thursday.
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7h 59min ago
Steady Start Eyed For China Stock Market
The China stock market on Wednesday snapped the three-day losing streak in which it had stumbled more than 50 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,040-point plateau and it may tick higher again on Thursday.
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8h 14min ago
