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FTSE 100 Little Changed; Centrica Shares Surge
(RTTNews) - U.K. stocks were little changed on Tuesday and the pound rebounded from two-year lows after reports that incoming prime minister Liz Truss has drawn up plans to freeze energy bills for U.K. households.
The benchmark FTSE 100 was up 0.1 percent at 7,296 after closing 0.1 percent higher the previous day.
Energy and services company Centrica jumped nearly 4 percent on reports the company is in talks to boost financing.
Industrial equipment rental company Ashtead lost 2.8 percent despite reporting higher Q1 revenue and profits.
Berkeley Group surged 4.7 percent. The housebuilder announced it is "on track" to meet its profit guidance in the year ending next April.
Energy stocks declined as oil prices steadied after a two-day rally. BP Plc and Shell both fell over 2 percent.
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European Economic News Preview: German GfK Consumer Confidence Due
Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.
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28 분 전
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
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1 시간 17 분 전
Asian Markets Mixed In Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
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1 시간 21 분 전
Mild Upside Seen For Thai Stock Market
The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
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2 시간 47 분 전
Japanese Market Slightly Lower
The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
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3 시간 6 분 전
Indonesia Shares May Reverse Tuesday's Losses
The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday.
The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
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3 시간 17 분 전
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.
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3 시간 23 분 전
Hong Kong Shares Expected To Open To The Upside
The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.
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3 시간 32 분 전
