FTSE 100 Slips On Growth Worries

RTTNews | 810 days ago
Stocktwits
FTSE 100 Slips On Growth Worries

(RTTNews) - U.K. stocks traded lower on Tuesday as investors fretted about the outlook for economic and corporate earnings growth.

The benchmark FTSE 100 was down 21 points, or 0.3 percent, at 7,890 after ending marginally lower on Monday.

Miners Anglo American, Antofagasta and Glencore all fell over 2 percent on mounting worries about the global economic outlook.

Primark owner Associated British Foods slumped 5.5 percent as it reported a 3 percent fall in first-half profit.

Online grocer Ocado gained 0.6 percent in choppy trade after announcing it plans to stop operations at its Hatfield customer fulfilment centre this summer, in a move impacting around 2,300 workers.

Premier Inn owner Whitbread jumped 5.5 percent after its annual profit rose above pre-pandemic levels.

Standard Chartered declined 1.7 percent after its CEO Bill Winters warned that the banking sector may face fresh issues.

Stocktwits
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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,600.00 level, with weakness in technology and financial stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 32 minutes ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, amid hopes of an end to the uncertainty about U.S. reciprocal tariffs on its trade partners by August 1, though US President Donald Trump is escalating the trade battle. He warned of a blanket tariff of 15-20 percent on most trading partners that have not received letters yet.
RTTNews | 45 minutes ago
Thai Stock Market May Hand Back Friday's Gains

Thai Stock Market May Hand Back Friday's Gains

The Thai stock market on Friday snapped the two-day slide in which it had stumbled more than a dozen points or 1 percent. The Stock Exchange of Thailand now sits just above the 1,120-point plateau although it may head south again on Monday.
RTTNews | 1h 50min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling well below the 39,500 level, with weakness across most sectors led by financial and technology stocks.
RTTNews | 2h 0min ago
Indonesia Stock Market Due For Consolidation

Indonesia Stock Market Due For Consolidation

The Indonesia stock market has moved higher in five straight sessions, gathering almost 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,050-point plateau although it's expected to open under pressure on Monday.
RTTNews | 2h 20min ago
Hong Kong Shares May Open Under Pressure

Hong Kong Shares May Open Under Pressure

The Hong Kong stock market has moved higher in two straight trading days, collecting almost 250 points or 1 percent along the way. The Hang Seng Index now sits just beneath the 24,140-point plateau although it may spin its wheels on Monday.
RTTNews | 2h 35min ago
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has moved higher in back-to-back sessions, gathering more than 15 points or 0.5 percent along the way. The Shanghai Composite Index now sits just above the 3,510-point plateau although it may be stuck in neutral on Monday.
RTTNews | 2h 50min ago
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