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FTSE 100 Slightly Higher In Lackluster Trade
(RTTNews) - U.K. stocks were slightly higher on Friday as new figures showed U.K. car production returned to growth last month.
The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 7,478 after ending little changed with a positive bias on Thursday.
Devro soared 60 percent after it has agreed to a 540-million-pound ($654.3 million) takeover by Saria SE & Co. KG through its subsidiary Saria.
SSE gained about 1 percent after it agreed to sell a 25 percent stake in its electricity transmission grid business to the Ontario Teachers' Pension Plan Board.
LSL Property Services slumped 10 percent. The provider of residential-property services said that it expects overall 2022 performance to miss prior expectations.
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China Cuts Loan Prime Rates For First Time In 7 Months
The People's Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year loan prime rate by 10 basis points to 3.0 percent from 3.10 percent.
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41 минут назад
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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1ч 8мин назад
European Shares Likely To Open On Firm Note
European stocks may open on a positive note Tuesday as trade tensions continue to ease, and China's central bank cut interest rates to record lows to stimulate the world's second-largest economy challenged by weak consumer demand and a property crisis.
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1ч 42мин назад
R&M Refresher Instant Milk Tea Powder Recalled
Lakewood, Washington-based R&M Trading LLC is recalling R&M Refresher brand Instant Milk Tea powder products of various flavors as they may contain undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The Instant Milk Tea products are recalled because the ingredients statement declares Whey and Caseinate in Non-Dairy Creamer ingredients, but it does not specify milk.
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1ч 51мин назад
Chinese Yuan Falls To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Tuesday.
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2ч 50мин назад
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday despite firm cues from global markets.
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2ч 51мин назад
Australian Market Halves Early Gains In Mid-market
The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
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3ч 37мин назад
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
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4ч 3мин назад
