FTSE 100 Marginally Lower Ahead Of US Inflation Data

RTTNews | 688 days ago
Stocktwits
FTSE 100 Marginally Lower Ahead Of US Inflation Data

(RTTNews) - U.K. stocks were subdued in cautious trade on Tuesday ahead of a key U.S. inflation print that could influence the Fed's rate trajectory.

The benchmark FTSE 100 was marginally lower at 7,425 after adding 0.9 percent on Monday.

Commodity giant Glencore rallied 3.2 percent after it agreed to buy a majority stake in Teck Resources Ltd.'s coal business for $6.93 billion in cash.

Hill & Smith, an engineering & construction company, climbed 2.2 percent after reporting higher revenues for the four-month period ending October 31.

Events organizer Informa soared 6 percent after lifting its full-year guidance.

Vodafone Group shares fell 1.7 percent. The telecommunications company reported a much lower pre-tax profit for the first half of fiscal 2024, reflecting adverse foreign-exchange rate movements and business disposals in the prior year.

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Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,950 level, with gains in financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 10 minutes ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, with mainland China and South Korean markets closed for holidays. Optimism about the outlook for interest rates and weakening US dollar against major currencies in the region are aiding market sentiment. Asian markets ended mostly higher on Thursday.
RTTNews | 40 minutes ago
Sensex, Nifty Set For Cautious Start

Sensex, Nifty Set For Cautious Start

Indian shares look set to open on a tepid note on Friday despite firm cues from global markets on continued optimism around artificial intelligence.
RTTNews | 59 minutes ago
Thai Stocks Expected To Test Resistance At 1,300 Points

Thai Stocks Expected To Test Resistance At 1,300 Points

The Thai stock market has moved higher in back-to-back sessions, gathering almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau and it's tipped to open higher again on Friday.
RTTNews | 1h 33min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

Extending the gains in the previous session, the Japanese market is sharply higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
RTTNews | 1h 40min ago
Indonesia Bourse Tipped To Open In The Green

Indonesia Bourse Tipped To Open In The Green

The Indonesia stock market on Thursday ended the two-day slide in which it had dropped almost 80 points or 1 percent. The Jakarta Composite Index sits just above the 8,070-point plateau and it may extend its gains on Friday.
RTTNews | 2h 3min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,950 level, with gains in financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 2h 12min ago
Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

The Hong Kong stock market has moved higher in three straight sessions, advancing almost 1,150 points or 4.4 percent along the way. The Hang Seng Index now sits just beneath the 27,300-point plateau and it may see additional support on Friday.
RTTNews | 2h 33min ago
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