FTSE 100 Slips Into Red Ahead Of US CPI Data

RTTNews | Pred 257 dňami
FTSE 100 Slips Into Red Ahead Of US CPI Data

(RTTNews) - U.K. stocks were moving lower on Wednesday as caution crept in ahead of key U.S. inflation data, due later in the day.

The CPI report along with the release of producer price inflation figures on Thursday might impact the outlook for U.S. interest rates.

The benchmark FTSE 100 dropped 0.2 percent to 8,266 after declining 0.9 percent on Tuesday.

RM Plc shares jumped 11 percent. The provider of educational technology and assessment solutions said its anticipated results for the fiscal year ended November 30, 2024, are likely to exceed market expectations.

Technology group Cohort rallied 5 percent after reporting a record performance for the first half of the year.

British American Tobacco, a cigarette and tobacco manufacturer, rose about 1 percent after reaffirming its 2024 guidance.

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Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews | Pred 2 h 44 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews | Pred 3 h 1 min
Thai Shares Tipped To Open To The Upside On Monday

Thai Shares Tipped To Open To The Upside On Monday

The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews | Pred 4 h 10 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | Pred 4 h 22 min
Indonesia Stock Market May End Losing Streak On Monday

Indonesia Stock Market May End Losing Streak On Monday

The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews | Pred 4 h 40 min