FTSE 100 Gains Ahead Of Powell's Speech

RTTNews | 903 dias atrás
FTSE 100 Gains Ahead Of Powell's Speech

(RTTNews) - U.K. stocks advanced on Wednesday as investors awaited U.S. Federal Reserve Chair Jerome Powell's speech later in the day for interest-rate clues.

In economic news, U.K. shop prices grew at the fastest pace since records began in 2005 largely due to rising food and energy prices, the British Retail Consortium said.

Shop price inflation accelerated to 7.4 percent in November from 6.6 percent in October. This was above the three-month average rate of 6.5 percent.

The benchmark FTSE 100 rose 34 points, or half a percent, to 7,546 after rising half a percent on Tuesday.

Water and waste management company Pennon Group tumbled 5 percent after reporting a decline in pretax profit for the first half of fiscal 2023.

AstraZeneca gained half a percent after selling its manufacturing site in West Chester, Ohio to National Resilience, Inc.

Property investment and development firm SEGRO added half a percent after announcing the launch and pricing of 350 million pounds, 19-year senior unsecured bond issue.

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Australian Market Slightly Trims Early Losses In Mid-market

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
RTTNews | 15 minutos atrás
Asian Markets Tracks Wall Street Lower

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
RTTNews | 36 minutos atrás
Sensex, Nifty Set To Open Lower After US Selloff

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
RTTNews | 1 h 3 min atrás
Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | 1 h 35 min atrás
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 2 h 5 min atrás
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | 2 h 5 min atrás
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
RTTNews | 2 h 20 min atrás
Australian Market Notably Lower

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
RTTNews | 2 h 23 min atrás