FTSE 100 Gains In Cautious Trade

RTTNews | Pred 959 dňami
FTSE 100 Gains In Cautious Trade

(RTTNews) - U.K. stocks were moving higher on Wednesday, as investors picked up consumer discretionary stocks heading into the festive weekend.

In economic releases, the U.K. budget deficit was the biggest for the month of November, data from the Office for National Statistics revealed earlier today.

Public sector net borrowing excluding banks increased by GBP 13.9 billion from the last year to GBP 22.0 billion. This was the biggest November borrowing since monthly records began in 1993.

The benchmark FTSE 100 was up 32 points, or 0.4 percent, at 7,402 after finishing 0.1 percent higher the previous day.

Ferrexpo rallied 1.7 percent after saying it was now receiving sufficient levels of power to bring one iron ore pelletizer line in central Ukraine back into operation.

Bunzl was little changed after saying that operating margins in 2022 would be slightly ahead of previous guidance and in line with 2021.

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RTTNews | Pred 28 minútami
Swiss Market Ends Notably Lower

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Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure. Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
RTTNews | Pred 4 h 31 min
Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
RTTNews | Pred 5 h 51 min
India Holds Key Interest Rates Steady As Trade Tensions Escalate

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The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
RTTNews | Pred 8 h 23 min
Bay Street Looks Set To Extend Upmove

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Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
RTTNews | Pred 9 h 52 min
Eurozone Retail Sales Recover In June

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Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
RTTNews | Pred 10 h 1 min