FTSE 100 Sees Cautious Gains; Prudential Shares Climb Over 3%

RTTNews | 715 dni temu
FTSE 100 Sees Cautious Gains; Prudential Shares Climb Over 3%

(RTTNews) - U.K. stocks were seeing modest gains on Wednesday after Prudential impressed investors with its earnings.

The benchmark FTSE 100 was up 11 points, or 0.2 percent, at 7,476 after rallying 1.7 percent on Tuesday.

Insurer Prudential rallied 3.5 percent after first-half operating profit rose 6 percent.

Direct Line Insurance Group rose 1.2 percent after the motor and home insurer poached Adam Winslow, a senior executive at rival Aviva, to be its new chief executive.

Oil & gas giant BP Plc gained 0.6 percent and Shell added 0.3 percent as oil prices climbed after a large U.S. stockpile draw and amid Hurricane Idalia jitters.

Hi-tech software firm Instem soared 40 percent after it agreed to a £203m takeover by a U.S. private equity firm.

read more
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

Monthly GDP estimates and foreign trade from the UK and flash quarterly national accounts and employment from the euro area are due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade data. The economy is forecast to grow 0.2 percent on a monthly basis in June, reversing a 0.1 percent fall in May.
RTTNews | 1g 20 minut temu
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 1g 31 minut temu
Sensex, Nifty Marginally Higher Ahead Of US-Russia Talks

Sensex, Nifty Marginally Higher Ahead Of US-Russia Talks

Indian shares were marginally higher in early trade on Thursday, mirroring mostly positive cues from global markets ahead of the August 15 meeting between the U.S. President Donald Trump and his Russian counterpart Vladimir Putin.
RTTNews | 2g 11 minut temu
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,900 level to fresh all-time highs, with gains in mining, energy and financial stocks.
RTTNews | 2g 59 minut temu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, on continued optimism over the outlook for interest rates, with the US Fed widely expected to lower rates by a least a quarter point next month. Asian markets closed mostly higher on Wednesday.
RTTNews | 3g 32 minut temu
Thai Stock Market May Tick Higher Again On Thursday

Thai Stock Market May Tick Higher Again On Thursday

The Thai stock market bounced higher again on Wednesday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it may add to its gains from the previous session.
RTTNews | 4g 30 minut temu