FTSE 100 Slides Ahead Of Budget

RTTNews | 413 วันที่ผ่านมา
FTSE 100 Slides Ahead Of Budget

(RTTNews) - U.K. stocks traded lower on Wednesday ahead of the first Labour party budget in 14 years.

U.K. Chancellor of the Exchequer will present her Autumn Budget 2024 to Parliament at 8.30 am ET.

The benchmark FTSE 100 was down 29 points, or 0.4 percent, at 8,190 after falling 0.8 percent in the previous session.

In corporate news, GSK shares tumbled 3.4 percent. The pharmaceutical company swung into a loss in the third quarter and lowered its 2024 vaccine sales forecast.

Standard Chartered rallied 3 percent. The lender upgraded its 2024 income guidance after profits in the third quarter beat market estimates.

Miner Glencore added 1.7 percent as it maintained production forecast for the current year.

Retail bellwether Next gained 1.6 percent after raising outlook for third time in three months.

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Thai Stock Market Likely To Open Under Pressure

Thai Stock Market Likely To Open Under Pressure

The Thai stock market has moved lower in back-to-back sessions, slipping more than 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,255-point plateau and it may extend its losses on Thursday.
RTTNews | 1 ชม. 31 นาทีที่ผ่านมา
Lower Open Expected For Indonesia Stock Market

Lower Open Expected For Indonesia Stock Market

The Indonesia stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the two-day winning streak in which it had picked up almost 110 points or 1.3 percent. The Jakarta Composite Index now sits just above the 8,675-point plateau and it's expected to open under water again on Thursday.
RTTNews | 2 ชม. 1 นาทีที่ผ่านมา
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is significantly lower on Thursday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 49,100 level, with weakness in index heavyweights and technology stocks as well as a mixed performance in most other sectors.
RTTNews | 2 ชม. 2 นาทีที่ผ่านมา
Tech Shares May Weigh On Hong Kong Stock Market

Tech Shares May Weigh On Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day slide in which it had stumbled more than 740 points or 2.8 percent. The Hang Seng Index now sits just beneath the 25,470-point plateau although it may hand those gains back on Thursday.
RTTNews | 2 ชม. 16 นาทีที่ผ่านมา
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, reversing some of the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness in gold miners and technology stocks as well as a mixed performance in most other sectors.
RTTNews | 2 ชม. 30 นาทีที่ผ่านมา
Soft Start Seen For China Stock Market

Soft Start Seen For China Stock Market

The China stock market on Wednesday ended the two-day slide in which it had fallen almost 65 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,870-point plateau although it's likely to mov back to he downside again on Thursday.
RTTNews | 2 ชม. 31 นาทีที่ผ่านมา
Taiwan Shares May Take Further Damage On Thursday

Taiwan Shares May Take Further Damage On Thursday

The Taiwan stock market has finished lower in three straight sessions, sinking more than 670 points or 2.5 percent along the way. The Taiwan Stock Exchange now sits just above the 27,525-point plateau and it's expected to see continued selling pressure on Thursday.
RTTNews | 3 ชม. 1 นาทีที่ผ่านมา