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FTSE 100 Gains Ahead Of Inflation Data
(RTTNews) - U.K. stocks were a tad higher on Monday as investors awaited the release of U.K. and U.S. inflation prints this week for directional cues.
The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 7,903 after closing 0.4 percent lower on Friday.
Construction materials distributor Brickability Group jumped 8.3 percent after saying its profit for the current year would exceed market expectations.
Lok'nStore Group shares fell nearly 4 percent. The self-storage company said its first-half same store revenue went up 10.3 percent.
Housebuilders declined after reports that Deutsche Bank has cut ratings for a number of market leaders in the sector.
Barratt Developments, Taylor Wimpey and Persimmon fell 1-2 percent.
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China Industrial Output, Retail Sales Growth Eases
China industrial production and retail sales grew at weaker rates in October and investment downturn deepened as economic activity weakened towards the end of the year. Industrial production logged an annual growth of 4.9 percent in October, the National Bureau of Statistics said Friday. This followed September's 6.5 percent expansion.
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1小时26分钟前
Asian Shares Follow Wall Street Lower Amid Tech Valuation Concerns
Asian stocks followed Wall Street lower on Friday as investors fretted about lofty tech valuations and the U.S. economic outlook.
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1小时36分钟前
NZ Dollar Rises After China Economic Data
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, following the release of the China retail sales and industrial production data in October.
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2小时9分钟前
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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2小时56分钟前
European Economic News Preview: Eurozone GDP Data Due
Flash GDP estimate and foreign trade from the euro area and final inflation figures from France are due on Friday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes final inflation data for October. According to flash estimate, consumer price inflation eased to 1.0 percent from 1.2 percent in September.
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4小时26分钟前
European Shares Likely To Open On Subdued Note
European stocks are seen opening on a sluggish note Friday as uncertainty persists over Fed rate cuts and elevated technology valuation concerns loomed.
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4小时28分钟前
Indian Shares Follow Global Peers Lower
Indian shares opened lower on Friday, mirroring weak cues from global markets as uncertainty persists over Federal Reserve interest-rate cuts and stretched valuations in technology stocks.
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5小时37分钟前
Australian Market Maintains Early Sharp Losses In Mid-market
The Australian stock market is maintaining its early sharp losses in mid-market moves on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
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6小时54分钟前
