FTSE 100 Gains As Kwarteng Brings Forward Debt Plan

RTTNews | Před 955 dny
FTSE 100 Gains As Kwarteng Brings Forward Debt Plan

(RTTNews) - U.K. shares rose sharply on Tuesday, building on gains from the previous session after the government made a dramatic U-turn on one of the tax cuts that contributed to extreme bond market turmoil last week.

The pound hit a two-week high as Chancellor Kwasi Kwarteng prepares to bring forward the publication of his debt-reduction plans.

The benchmark FTSE 100 climbed 118 points, or 1.7 percent, to 7,027 after rising 0.2 percent on Monday.

Low-cost airline Wizz Air Holdings rallied 3.6 percent after data revealed a 51.5 percent jump in passenger traffic and 12.7 percent lower CO2 emissions in the month of September 2022.

Bakery chain Greggs jumped almost 11 percent after it reported a 14.6 percent increase in third-quarter sales.

Legal & General Group added 5 percent as the financial services and asset management firm reassured investors about its financial status.

Made.Com climbed 22 percent. The embattled furniture retailer said it has begun talks with a "number of interested parties" regarding the sale of the company.

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European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade from the euro area and unemployment from France are due on Friday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE publishes unemployment data for the first quarter. The jobless rate is forecast to rise to 7.4 percent from 7.3 percent a quarter ago.
RTTNews | Před 15 minutami
Sensex, Nifty Modestly Lower On Weak Asian Cues

Sensex, Nifty Modestly Lower On Weak Asian Cues

Indian shares were a tad lower on Friday, tracking weak cues from other Asian markets. The benchmark S&P BSE Sensex was down 195 points, or 0.2 percent, at 82,333 in early trade while the broader NSE Nifty index dropped 47 points, or 0.2 percent, to 25,015.
RTTNews | Před 1 h 6 min
Australian Market Trims Early Strong Gains In Mid-market

Australian Market Trims Early Strong Gains In Mid-market

The Australian stock market is trimming its early strong gains in mid-market moves on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | Před 1 h 54 min
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Friday, following the mixed cues from Wall Street overnight, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners. Asian markets ended mostly higher on Thursday.
RTTNews | Před 2 h 9 min
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening higher on Friday as India's foreign minister S Jaishankar said that trade talks with the U.S. are still going on and "nothing is decided till everything is".
RTTNews | Před 2 h 59 min
Thai Shares May Reclaim 1,200-Point Level

Thai Shares May Reclaim 1,200-Point Level

The Thai stock market has alternated between positive and negative finishes through the last seven trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,195-point plateau and it's expected to open to the upside on Friday.
RTTNews | Před 3 h 33 min
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 37,500 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | Před 3 h 52 min
Win Streak May Continue For Indonesia Bourse

Win Streak May Continue For Indonesia Bourse

The Indonesia stock market has finished higher in three straight sessions, improving more than 210 points or 3.1 percent in that span. The Jakarta Composite Index now rests just above the 7,040-point plateau and it's expected to extend its gains again on Friday.
RTTNews | Před 4 h 3 min