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FTSE 100 Declines As Financials And Energy Stocks Drag
(RTTNews) - U.K. stocks were moving lower on Friday as the pound sterling held gains and investors awaited the latest U.S. labor market statistics for directional cues.
The benchmark FTSE 100 dropped 28 points, or 0.4 percent, to 7,531 after declining 0.2 percent on Thursday.
Financials declined, with Standard Chartered and HSBC Holdings falling around 1 percent each.
Energy stocks succumbed to selling pressure after recent gains.
BP Plc lost 2.5 percent and Shell gave up 1.60 percent after the release of troubling U.S. manufacturing data and amid uncertainty over the outcome of Sunday's OPEC+ meeting.
Wizz Air Holdings gained nearly 2 percent after reporting a 70 percent rise in passenger traffic figures for November.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau and it may add to its winnings again on Thursday.
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14 minut temu
China Trade Data On Tap For Thursday
China will on Thursday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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1g 14 minut temu
U.S. Dollar Drops Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.
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2g 15 minut temu
Swiss Market Ends Notably Lower
Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure.
Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
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5g 18 minut temu
European Stocks Close Mostly Higher On Earnings, Fed Rate Cut Hopes
European stocks closed mostly higher on Wednesday, thanks largely to some strong corporate earnings updates, and expectations of an interest rate reduction by the Federal Reserve in September.
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5g 48 minut temu
Canadian Stocks Surge Higher Again; TSX Scales New Record High
Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
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6g 38 minut temu
India Holds Key Interest Rates Steady As Trade Tensions Escalate
The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
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9g 10 minut temu
Bay Street Looks Set To Extend Upmove
Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
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10g 38 minut temu
