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FTSE 100 Little Changed In Lackluster Trade

RTTNews | 970 dias atrás

FTSE 100 Little Changed In Lackluster Trade

(RTTNews) - U.K. stocks were little changed on Friday, giving up earlier gains after the Treasury unveiled plans to reform the financial services industry.

The benchmark FTSE 100 was marginally lower at 7,467 after closing 0.2 percent lower on Thursday.

BP Plc lost 1.7 percent and Shell gave up 1.1 percent as crude oil prices languished near 2022 lows on worries of deeper global economic downturn.

Pendragon shares plunged 26 percent after Hedin Mobility Group AB announced that it does not intend to make a takeover offer for the used car dealer company, citing challenging market conditions and the uncertain economic outlook.

Porvair, an environmental technology group, jumped nearly 8 percent after saying that it expects a rise in revenue and an increased profitability in FY22.

Investment manager Man Group surged 5.6 percent on share buyback news.

Mining giant Anglo American declined 1.6 percent after warning on its ability to hit output goals.

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CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.

RTTNews | 29 minutos atrás

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.

RTTNews | 1 h 2 min atrás

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.

RTTNews | 1 h 3 min atrás

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.

RTTNews | 1 h 16 min atrás

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 1 h 33 min atrás

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.

RTTNews | 2 h 33 min atrás

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.

RTTNews | 3 h 14 min atrás

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 3 h 24 min atrás

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