FTSE 100 Rises As Miners Surge On China Stimulus Hopes

RTTNews | Pred 785 dňami
FTSE 100 Rises As Miners Surge On China Stimulus Hopes

(RTTNews) - U.K. stocks rose on Monday, with miners leading the surge on hopes of additional policy stimulus in China.

A private survey showed China's factory activity slowed in June, raising calls for more stimulus to boost growth.

Closer home, the S&P Global U.K. Manufacturing PMI dropped to 46.5 in June from 47.1 in May.

The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 7,552 after rising 0.8 percent on Friday.

Gains in metal prices lifted mining stocks, with Anglo American, Antofagasta and Glencore rallying 2-4 percent.

Supermarket chain Tesco gained about 1 percent as it appointed a new chairman to replace its former chair, John Allan, who stepped down last month following allegations of misconduct.

AstraZeneca plunged nearly 6 percent after results from a high-level study of a new cancer medicine lagged expectations.

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NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews | Pred 32 minútami
Sensex, Nifty Deep In The Red On Tariff Worries

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews | Pred 2 h 4 min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
RTTNews | Pred 3 h 17 min
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
RTTNews | Pred 3 h 38 min
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | Pred 4 h 49 min