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FTSE 100 Advances Again

RTTNews | 109 dni temu

FTSE 100 Advances Again

(RTTNews) - U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.

The benchmark FTSE 100 was up 62.90 points or 0.73% at 8,696.65 a little while ago.

St. James's Place is rising 4.8%. Pharma stocks AstraZeneca and GSK are gaining 2.1% and 1.8%, respectively.

IAG, Intermediate Capital Group, F&C Investment Trust, Experian, British American Tobacco, Convatec Group, Admiral Group, Pershing Square Holdings, Haleon and Rightmove are up 1 to 2%.

Kingfisher, Marks & Spencer, Hikma Pharmaceuticals, Rentokil Initial, Fresnillo, Endeavour Mining, Melrose Industries and Glencore are down 0.5 to 1.2%.

Workspace Group shares are down nearly 8% as the landlord foresees a trading profit headwind of approximately £7 million by March 2026.

Shares of video game developer Everplay Group are down nearly 3% despite recovering from early lows. The company announced today that its CEO Steve Bell has stepped down, and Frank Sagnier has stepped in as Interim Executive Chair, effective immediately.

Land Securities Group is down 0.5% despite the real estate investment trust reporting a pre-tax profit of £393 million, marking a turnaround from the £341 million loss recorded the previous year.

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Swiss Shares Extend Losing Streak

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The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

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Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

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European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

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U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

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U.S. Manufacturing Index Inches Up In Line With Estimates In August

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FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

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CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

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