FTSE 100 Attempts Rebound

RTTNews | 70 dias atrás

(RTTNews) - The FTSE 100 benchmark of the London Stock Exchange aligned with peers to record a rebound in Monday's trading. As the risk aversion triggered by the sharp escalation in geopolitical tensions in the Middle East over the end of the previous week waned, more than three-fourths of the benchmark index traded in the overnight green zone.

Anxiety ahead of the inflation update due on Wednesday as well as Bank of England's interest rate decision scheduled for Thursday limited gains. Markets expect price pressures to ease in the month of May but still anticipate that Bank of England would maintain status quo on rates.

FTSE 100 oscillated between 8,902.40 and 8,850.63 as compared with the previous day's closing level of 8,850.63.

The benchmark index of the London Stock Exchange is currently trading at 8,893.39, having added 0.48 percent on an overnight basis.

In the 100-scrip index, only 24 are trading in the overnight red zone.

Sports-betting and gaming company Entain jumped 13.6 percent after it raised the annual guidance for its BetMGM business. Intermediate Capital Group, Standard Chartered and International Consolidated Airlines Group, all recorded gains of more than 2 percent.

Endeavour Mining topped losses with a decline of more than 2.3 percent. WPP, Haleon and Segro, all erased more than a percent in Monday's trading.

The GBP/USD pair has gained 0.14 percent overnight to 1.3585. The sterling ranged between $1.3593 and $1.3535 in the day's trade. The EUR/GBP pair edged up to 0.8524. The GBP/JPY pair has also edged up to 195.68.

Bond yields in the U.K. are currently trading slightly above the flatline. Ten-year bond yields have edged up 0.07 percent to 4.5550 percent. The yields ranged between 4.6010 percent and 4.5340 percent over the course of the day. The same was 4.5520 percent a day earlier.

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 36 minutos atrás

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 1 h 4 min atrás

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1 h 6 min atrás

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1 h 21 min atrás

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 1 h 24 min atrás

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 1 h 36 min atrás

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 2 h 6 min atrás

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 h 36 min atrás

EURUSD	1.16393	GBPUSD	1.34695	AUDUSD	0.64813
USDJPY	147.47	USDCAD	1.38493	USDCHF	0.80454