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FTSE 100 Rebounds As BP Increases Share Buybacks
(RTTNews) - U.K. stocks advanced on Tuesday after BP Plc unveiled more share buybacks and announced plans to boost shareholder returns.
The benchmark FTSE 100 was up 50 points, or 0.7 percent, at 7,663, snapping a four-day losing streak.
Oil giant BP soared 5.8 percent after the oil giant reported its second-highest annual profit in more than decade and announced a $1.75bn share buyback.
Filtronic jumped around 6 percent. The maker of products for the aerospace, defines, telecom, and others projected revenue and profit to be ahead of market expectations for fiscal 2024 and fiscal 2025.
Banking group Virgin Money UK added 1.3 percent after delivering Q1 results in line with the guidance.
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Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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Před 37 minutami
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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Před 1 h 7 min
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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Před 1 h 22 min
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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Před 1 h 37 min
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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Před 2 h 37 min
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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Před 4 h 5 min
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews
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Před 7 h 43 min
Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Před 11 h 59 min
