FTSE Modestly Higher As Investors Focus On Earnings

RTTNews | Pred 31 dňami
FTSE Modestly Higher As Investors Focus On Earnings

(RTTNews) - U.K. stocks are up in positive territory on Thursday with investors switching their focus to earnings updates. A firm trend across Europe amid optimism over a potential trade deal between the EU and US is also contributing to the positive mood in the British market.

The benchmark FTSE 100 was at 8,960.62 a little while ago, gaining 34.07 points or 0.38%.

Diploma, up 7.1%, is the biggest gainer in the FTSE 100 index. Ashtead Group, Lloyds Banking Group, Whitbread, IMI, Tayloer Wimpey, Coca-Cola Europacific Partners, Smiths Group, Pershing Square Holdings, Airtel Africa, Rentokil Initial and Smith & Nephew are gaining 1.5 to 2.7%.

Online supermarket and technology group Ocado is up more than 12% after reporting better-than-expected first-half results.

Shares of low-cost airline EasyJet Plc are down 6.5% after strike action by French air traffic controllers and higher fuel prices dented its quarterly performance.

Endeavour Mining is down nearly 2%, while Anglo American Plc is down by about 1.3%. Antofagasta, IAG, Mondi, Reckitt Benckiser and St. James's Place are lower by 0.6 to 1%.

In economic releases, data showed the U.K. unemployment rate rose unexpectedly to 4.7% in the three months to May, while it was forecast to remain unchanged at 4.6%.

Pay growth slipped from 5.3% to 5%, spurring hopes the Bank of England will cut interest rates next month.

read more
Thai Shares May Tick Lower Again On Monday

Thai Shares May Tick Lower Again On Monday

The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | Pred 33 minútami
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Monday, extending the gains in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 moving above the 43,500 level to fresh all-time highs, with gains in automakers and exporters partially offset by weakness in financial and technology stocks.
RTTNews | Pred 57 minútami
Indonesia Bourse May Extend Losing Streak

Indonesia Bourse May Extend Losing Streak

The Indonesia stock market on Friday snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Monday.
RTTNews | Pred 1 h 3 min
Hong Kong Shares May See Continued Consolidation On Monday

Hong Kong Shares May See Continued Consolidation On Monday

The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 340 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,270-point plateau and it may continue to sputter on Monday.
RTTNews | Pred 1 h 18 min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian stock market is slightly higher on Monday after opening in the red, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with a mixed performance across most sectors.
RTTNews | Pred 1 h 31 min
China Bourse: Resistance Expected At 3,700 Points

China Bourse: Resistance Expected At 3,700 Points

The China stock market bounced higher again on Friday, one day after snapping the three-day winning streak in which it had gained almost 50 points or 1.4 percent. The Shanghai Composite Index now sits just beneath the 3,700-point plateau although it may had back those gains on Monday.
RTTNews | Pred 1 h 33 min
Lower Open Predicted For Taiwan Stock Market

Lower Open Predicted For Taiwan Stock Market

The Taiwan stock market rebounded on Friday, one day after ending the five-day winning streak in which it had rallied more than 910 points or 3.9 percent. The Taiwan Stock Exchange now sits just above the 24,330-point plateau although it may head south again on Monday.
RTTNews | Pred 2 h 3 min
Little Movement Expected For Singapore Stock Market

Little Movement Expected For Singapore Stock Market

The Singapore stock market has moved lower in two straight sessions, falling more than 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it's likely to remain in that neighborhood again on Monday.
RTTNews | Pred 2 h 33 min