FTSE 100 Rallies Ahead Of BOE Rate Decision

RTTNews | Pred 588 dňami
FTSE 100 Rallies Ahead Of BOE Rate Decision

(RTTNews) - U.K. stocks advanced on Thursday as investors reacted to a slightly dovish stance from the Federal Reserve and awaited cues from the Bank of England meeting later in the day.

The benchmark FTSE 100 jumped 95 points, or 1.3 percent, to 7,437 after closing 0.3 percent higher on Wednesday.

British American Tobacco rose half a percent after naming its next CFO.

BT Group, Britain's biggest broadband and mobile provider, soared 6.5 percent after quarterly earnings beat forecasts.

Shell climbed 2.2 percent. The oil giant announced a $3.5 billion share buyback after reporting $6.2 billion profit for the third quarter, matching estimates.

Trainline shares jumped 10 percent. The online vendor moved its forecasts for the full year towards the top end of its guidance after pre-tax profit rose for the first half of fiscal 2024.

Ladbrokes-owner Entain fell 2.3 percent after lowering its profit margin forecast for the year.

Hikma Pharma lost 3 percent despite forecasting core operating margin growth for its generics business at the upper end of its earlier guidance for this year.

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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | Pred 54 minútami
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

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RTTNews | Pred 3 h 2 min
Sensex, Nifty Subdued In Cautious Trade

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Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
RTTNews | Pred 3 h 19 min
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
RTTNews | Pred 3 h 42 min