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FTSE 100 Gains As Miners Surge On China Stimulus Hopes

RTTNews | 726 дней спустя

FTSE 100 Gains As Miners Surge On China Stimulus Hopes

(RTTNews) - U.K. stocks rose on Wednesday after data showed China's consumer prices slipped into deflation territory in July amid weakening domestic demand, raising hopes for more policy stimulus.

The benchmark FTSE 100 was up 60 points, or 0.8 percent, at 7,587 after closing 0.4 percent lower on Tuesday.

Miners Anglo American, Antofagasta and Glencore climbed 1-2 percent on China stimulus hopes.

Flutter Entertainment shares fell over 5 percent despite the online betting firm reporting a return to profitability for the first half of the year.

Coca-Cola HBC rose nearly 2 percent after the bottling firm lifted its FY23 organic revenue growth view and backed EBIT forecast.

Infrastructure products group Hill & Smith soared 7 percent after delivering a record trading performance in its first half.

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Rebound Called For Indonesia Stock Market

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | 11 минут назад

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | 25 минут назад

Hang Seng May Crack Resistance At 25,000 On Tuesday

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.

RTTNews | 26 минут назад

China Shares Tipped To Open In The Green On Tuesday

China Shares Tipped To Open In The Green On Tuesday

The China stock market on Monday ended the two-day losing streak in which it had dropped more than 55 points or 1.7 percent. The Shanghai Composite Index now sits just shy of the 3,580-point plateau and it's expected to see additional support on Tuesday.

RTTNews | 41 минут назад

Hong Kong Private Sector Ticks Higher In July - S&P Global

Hong Kong Private Sector Ticks Higher In July - S&P Global

The private sector in Hong Kong continued to contract in July, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 49.2.

RTTNews | 1ч 1мин назад

Singapore Private Sector PMI Improves To 52.7 - S&P Global

Singapore Private Sector PMI Improves To 52.7 - S&P Global

The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.

RTTNews | 1ч 3мин назад

Japan Services PMI Picks Up Steam In July - Jibun

Japan Services PMI Picks Up Steam In July - Jibun

The services sector in Japan continued to expand in July, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 53.6.

RTTNews | 1ч 5мин назад

Taiwan Bourse May Find Traction On Tuesday

Taiwan Bourse May Find Traction On Tuesday

The Taiwan stock market has moved lower in back-to-back sessions, slumping more than 270 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,380-point plateau although it may stop the bleeding on Tuesday.

RTTNews | 1ч 11мин назад

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