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FTSE 100 Marginally Higher As Producer Inflation Falls More Than Expected

RTTNews | 845 дней спустя

FTSE 100 Marginally Higher As Producer Inflation Falls More Than Expected

(RTTNews) - U.K. stocks were marginally higher on Wednesday after data showed producer price inflation in the county fell to its lowest rate in almost a year last month.

The corresponding index rose 16.5 percent in the year to December 2022, down from 18 percent in the year to November, and 20.2 percent in the year to October.

The benchmark FTSE 100 was up 8 points at 7,765 after declining 0.4 percent the previous day.

Insurer Aviva rallied 2.7 percent after reiterating its guidance for dividends and capital returns.

Airline EasyJet soared 10 percent as it forecast a return to an annual profit after three years of pandemic losses. Wizz Air shares traded up more than 6 percent. Russia-focused gold miner Polymetal International slumped 4.6 percent after unveiling its production results for Q4 and FY 2022.

Fresnillo dropped 1.4 percent despite reporting a solid operating result in the fourth quarter.

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European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.

RTTNews | 18 минут назад

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

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RTTNews | 2ч 40мин назад

U.S. Leading Economic Index Slumps More Than Expected In April

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.

RTTNews | 3ч 0мин назад

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

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RTTNews | 4ч 7мин назад

Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.

RTTNews | 5ч 33мин назад

FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.

RTTNews | 6ч 9мин назад

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.

RTTNews | 6ч 52мин назад

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.

RTTNews | 6ч 59мин назад

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