FTSE Edges Lower Ahead Of BoE Rate Decision

RTTNews | 1144 дней спустя
FTSE Edges Lower Ahead Of BoE Rate Decision

(RTTNews) - U.K. stocks edged lower on Thursday as investors digested the Fed's hawkish comments and looked ahead to the BoE rate decision later in the day for directional cues.

The benchmark FTSE 100 was down 19 points, or 0.3 percent, at 7,219 after closing 0.6 percent higher the previous day.

GSK fell over 1 percent after announcing an exclusive license agreement with Spero Therapeutics for tebipenem pivoxil hydrobromide, an oral carbapenem antibiotic to potentially treat complicated urinary tract infections.

AstraZeneca was also down about 1 percent. The drug maker said Lynparza has been approved in China for the maintenance treatment of adult patients with advanced epithelial ovarian, fallopian tube or primary peritoneal cancer.

Precious mining company Polymetal plummeted 11 percent after saying it is considering moving its main corporate base out of Russia.

Sportswear giant JD Sports Fashion plunged 5.3 percent after a warning that higher energy costs will dampen consumer spending.

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Canadian Dollar Advances After Strong Jobs Data

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Swiss Market Settles Flat

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European Markets Close Weak On Growth Worries, Tech Valuations Concerns

European Markets Close Weak On Growth Worries, Tech Valuations Concerns

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TSX Slids To 1-month Low; Tech Stocks Under Pressure Again

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Commodity Prices, Jobs Data In Focus

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Lower Canadian and U.S. futures point to a negative start on Bay Street Friday morning, but fairly strong commodity prices could trigger some buying in resources stocks and limit market's downside.
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CAC 40 Down Nearly 0.5% In Lackluster Trade

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The French stock market's benchmark index CAC 40 is down in negative territory on Friday with investors largely refraining from making significant moves amid a lack of fresh triggers. Worries about growth amid uncertainty over future policy moves of central banks, and U.S. government's tariff policies appear to be rendering the mood cautious.
RTTNews | 1 дней спустя