FTSE 100 Slips In Cautious Trade

RTTNews | 960 дней спустя
FTSE 100 Slips In Cautious Trade

(RTTNews) - U.K. stocks fell on Tuesday, as the initial euphoria over the election of Rishi Sunak as the U.K. Prime Minister faded, and investors awaited Finance Minister Jeremy Hunt's budget on October 31 to see how he plans to plug a £40bn black hole in Britain's public finances exacerbated by Truss's disastrous package of unfunded tax cuts.

The benchmark FTSE 100 was down 32 points, or half a percent, at 6,982 after closing 0.6 percent higher on Monday.

HSBC Holdings plunged 7 percent after the bank reported higher-than-expected charges for possible loan losses in its third-quarter results.

IT infrastructure services provider Softcat fell about 1 percent despite reporting a rise in full-year profit and revenue.

Online beauty products seller THG soared 12.2 percent after backing its full-year outlook.

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Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
RTTNews | 31 минут назад
Renewed Selling Pressure Expected For Malaysia Shares

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RTTNews | 1ч 1мин назад
Japan Stock Market May Run Out Of Steam On Thursday

Japan Stock Market May Run Out Of Steam On Thursday

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RTTNews | 1ч 16мин назад
South Korea Shares Due For Consolidation

South Korea Shares Due For Consolidation

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RTTNews | 1ч 31мин назад
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RTTNews | 2ч 31мин назад
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RTTNews | 6ч 26мин назад
European Stocks Pare Early Gains, Close Mostly Lower

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Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
RTTNews | 6ч 45мин назад