FTSE 100 Holds Steady Ahead Of US CPI Revisions

RTTNews | 552 dias atrás
FTSE 100 Holds Steady Ahead Of US CPI Revisions

(RTTNews) - U.K. stocks held steady on Friday after Tesco announced a deal to sell its banking arm.

The pound to dollar rate showed resilience above 1.2620 ahead of revisions to U.S. CPI data.

The benchmark FTSE 100 was marginally higher at 7,596 after declining 0.4 percent on Thursday.

Bellway fell about 1 percent. The home builder reported weak housing revenue in its first half, reflecting lower completions and pricing.

Victrex shed 2.3 percent. The polymers group said it had a "soft start" in its first quarter and therefore making full-year guidance could be tricky.

Tesco gained 1 percent. The groceries and general merchandise retailer announced a deal to sell certain banking operations to lending major Barclays.

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Little Movement Seen For Singapore Stock Market

Little Movement Seen For Singapore Stock Market

The Singapore stock market headed south again on Thursday, one day after halting the three-day slide in which it had fallen almost 40 points or 0.9 percent. The Straits Times Index now sits just above the 4,255-point plateau and it's likely to remain in that neighborhood again on Friday.
RTTNews | 15 minutos atrás
Malaysia Bourse May Extend Thursday's Losses

Malaysia Bourse May Extend Thursday's Losses

The Malaysia stock market on Thursday halted the seven-day wining streak in which it had gained almost 60 points or 4 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may inch lower again on Friday.
RTTNews | 45 minutos atrás
Japan Shares May Tick Lower Again On Friday

Japan Shares May Tick Lower Again On Friday

The Japan stock market on Thursday snapped the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 42,650-point plateau and it may remain stuck in neutral on Friday.
RTTNews | 1 h 15 min atrás
Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.
RTTNews | 2 h 15 min atrás
U.S. Dollar Firms After Strong PPI Data

U.S. Dollar Firms After Strong PPI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
RTTNews | 2 h 25 min atrás
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | 6 h 54 min atrás