FTSE 100 Edges Higher In Cautious Trade

RTTNews | 1043 days ago
Stocktwits
FTSE 100 Edges Higher In Cautious Trade

(RTTNews) - U.K. stocks edged up slightly in cautious trade on Tuesday as traders returned to their desks after a long holiday weekend.

The benchmark FTSE 100 inched up 12 points, or 0.2 percent, to 7.439, with banks and energy majors leading the surge.

Lloyds Banking Group and HSBC Holdings both rose over 2 percent as British two-year government bond yields briefly leapt by as much as 25 basis points to their highest since October 2008.

Oil & gas firm Shell rose about 1 percent after oil prices jumped more than 4 percent on Monday amid speculation over further supply tightness.

AstraZeneca fell 2.2 percent despite the company receiving approval for its Evusheld COVID-19 treatment in Japan.

Bunzl slumped 5 percent. The distribution and outsourcing firm raised its 2022 group operating margin outlook after posting a rise in earnings for the first-half.

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UK Stocks Turning In Mixed Performance In Cautious Trade

UK Stocks Turning In Mixed Performance In Cautious Trade

U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews | 5h 24min ago
CAC 40 Slightly Lower In Lackluster Trade

CAC 40 Slightly Lower In Lackluster Trade

French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews | 6h 11min ago
Australia Central Bank Unexpectedly Maintains Status Quo

Australia Central Bank Unexpectedly Maintains Status Quo

The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews | 6h 22min ago
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