FTSE 100 Gains In Early Trade; Phoenix Group Shares Surge Over 7%

RTTNews | 690 dias atrás
FTSE 100 Gains In Early Trade; Phoenix Group Shares Surge Over 7%

(RTTNews) - U.K. stocks started the week on a strong note after seeing sharp losses on Friday.

The benchmark FTSE 100 was up 58 points, or 0.8 percent, at 7,418 after falling 1.3 percent on Friday.

Phoenix Group shares surged 7.4 percent after the insurer lifted its full-year cash generation targets.

Vodafone rose about 1 percent after it partnered with Accenture to commercialize shared operations.

Défense giant BAE Systems added half a percent after raising its sales growth forecast.

Tullow Oil soared 7 percent. The company has entered into a $400 million five-year notes facility agreement with Glencore Energy U.K. Limited.

Drug maker GSK rallied 1.2 percent after receiving positive CHMP opinion for its oral therapy to treat anaemia in patients with a type of bone marrow cancer called myelofibrosis.

Real estate group British Land Company jumped 5.2 percent after posting solid first-half results.

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European Markets Close On Firm Note On Rate Cut Hopes, AI Optimism

European Markets Close On Firm Note On Rate Cut Hopes, AI Optimism

European markets closed higher on Friday as rising hopes of more interest rate cuts from the Federal Reserve, and optimism surrounding artificial intelligence outweighed concerns about any impact of the government shutdown in the U.S.
RTTNews | 36 minutos atrás
U.S. Service Sector Activity Unchanged In September

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RTTNews | 3 h 3 min atrás
Eurozone Private Sector Maintains Expansion

Eurozone Private Sector Maintains Expansion

The euro area economy continued to expand in September, with broad-based growth in Germany, Italy and Spain, while France contracted further due to political uncertainty, final survey data from S&P Global revealed on Friday. The final HCOB composite output index rose moderately to 51.2 in September, in line with flash estimate, from 51.0 in the previous month.
RTTNews | 4 h 37 min atrás
Bay Street Headed For Positive Start

Bay Street Headed For Positive Start

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RTTNews | 4 h 57 min atrás
CAC 40 Roughly Flat As Investors Focus On Economic Data

CAC 40 Roughly Flat As Investors Focus On Economic Data

The French stock market is roughly flat Friday afternoon with stocks turning in a mixed performance as investors react to the latest batch of regional economic data, and continuing to assess the impact of the government shutdown in the U.S.
RTTNews | 6 h 6 min atrás
DAX Down Marginally, But Stays On Course For Strong Weekly Gain

DAX Down Marginally, But Stays On Course For Strong Weekly Gain

German stocks are turning in a mixed performance on Friday, but remain well on course to record their strongest week in over five months. Optimism surrounding artificial intelligence and expectations of a rate cut by the Federal Reserve help underpin sentiment.
RTTNews | 6 h 33 min atrás
Sensex, Nifty End Modestly Higher On Firm Global Cues

Sensex, Nifty End Modestly Higher On Firm Global Cues

Indian shares ended modestly higher on Friday, tracking firm cues from global markets amid renewed optimism around artificial intelligence and hopes for more Federal Reserve interest-rate cuts.
RTTNews | 7 h 34 min atrás