FTSE 100 Rises As Miners Surge On China Stimulus Hopes

RTTNews | 687 gün önce
FTSE 100 Rises As Miners Surge On China Stimulus Hopes

(RTTNews) - U.K. stocks rose on Monday, with miners leading the surge on hopes of additional policy stimulus in China.

A private survey showed China's factory activity slowed in June, raising calls for more stimulus to boost growth.

Closer home, the S&P Global U.K. Manufacturing PMI dropped to 46.5 in June from 47.1 in May.

The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 7,552 after rising 0.8 percent on Friday.

Gains in metal prices lifted mining stocks, with Anglo American, Antofagasta and Glencore rallying 2-4 percent.

Supermarket chain Tesco gained about 1 percent as it appointed a new chairman to replace its former chair, John Allan, who stepped down last month following allegations of misconduct.

AstraZeneca plunged nearly 6 percent after results from a high-level study of a new cancer medicine lagged expectations.

read more
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Major currencies in the region have also strengthened against the US dollar. Asian markets closed mostly higher on Tuesday.
RTTNews | 24 dakika önce
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares look set to open a tad higher on Wednesday, tracking firm cues from other Asian markets.
RTTNews | 1s 4 dakika önce
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday after opening in the green, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,500 level, with weakness in index heavyweights and exporters partially offset by gains in automakers and financial stocks.
RTTNews | 1s 52 dakika önce
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 8,400 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miners, financial and energy stocks partially offset by weakness in technology stocks.
RTTNews | 2s 14 dakika önce
Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.
RTTNews | 9s 5 dakika önce
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.
RTTNews | 9s 53 dakika önce
European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.
RTTNews | 10s 14 dakika önce
TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.
RTTNews | 11s 45 dakika önce