FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

RTTNews | Pred 790 dňami
FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

(RTTNews) - U.K. stocks were little changed on Tuesday after official data showed government borrowing swelled to £25.6bn ($31.77bn) last month due to additional costs of energy support schemes.

Meanwhile, manufacturing and services PMIs for May surprised to the downside.

Uncertainty over raising the U.S. debt ceiling limit and signs of increasing Sino-U.S. tensions also served to keep underlying sentiment cautious.

The benchmark FTSE 100 was marginally higher at 7,775 after closing 0.2 percent higher on Monday.

Meat producer jumped 4.7 percent after reporting higher annual profit.

Flooring specialist Topps Tiles added 1.6 percent after posting record sales, driven by "nationwide store coverage, world-class customer service and strong omnichannel capability".

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Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,700 level, with gains in mining and energy stocks nearly offset by weakness in financial and technology stocks.
RTTNews | Pred 14 minútami
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid continued uncertainty over U.S. President Donald Trump's reciprocal tariffs on imports from trading partners, though he set a deadline of August 1 to reach deals. Reports suggest that EU leaders are preparing for a showdown over U.S. tariff threats.
RTTNews | Pred 17 minútami
Thai Stock Market May Run Out Of Steam On Tuesday

Thai Stock Market May Run Out Of Steam On Tuesday

The Thai stock market has tracked higher in three straight sessions, advancing more than 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,210-point plateau although investors may lock in gains on Tuesday.
RTTNews | Pred 1 h 28 min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight, with the Nikkei 225 moving above the 39,900 level, with gains across most sectors led by financial and technology stocks.
RTTNews | Pred 1 h 51 min
Profit Taking Expected For Indonesia Bourse

Profit Taking Expected For Indonesia Bourse

The Indonesia stock market has moved higher in 11 straight sessions, gathering more than 530 points or 7.5 percent along the way. The Jakarta Composite Index now sits just beneath the 7,400-point plateau although it's overdue for consolidation on Tuesday.
RTTNews | Pred 1 h 58 min
Hong Kong Shares Tipped To Open In The Red On Tuesday

Hong Kong Shares Tipped To Open In The Red On Tuesday

The Hong Kong stock market has moved higher in back-to-back sessions, gathering almost 600 points or 2.4 percent in that span. The Hang Seng Index now sits just beneath the 25,000-point plateau although it may be stuck in neutral on Tuesday.
RTTNews | Pred 2 h 13 min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is trading slightly higher on Tuesday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,700 level, with gains in mining and energy stocks nearly offset by weakness in financial and technology stocks.
RTTNews | Pred 2 h 13 min