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European Shares Little Changed In Cautious Trade

RTTNews | 42 dagar sedan

European Shares Little Changed In Cautious Trade

(RTTNews) - European stocks were little changed on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.

Media reports suggest that Iran is mulling blocking the Strait of Hormuz, a key artery for global oil and gas supplies being sent around the world from Middle East.

Other reports said that Iran may target one of several U.S. military bases located throughout the region.

Meanwhile, Israeli officials have signaled that the country is prepared to halt its military campaign against Iran if Supreme Leader Ayatollah Ali Khamenei ceases hostilities and seeks a resolution to the conflict.

The pan-European STOXX 600 was marginally higher at 53.77 after closing 0.1 percent higher on Friday.

The German DAX and the U.K.'s FTSE 100 were little changed with a positive bias, while France's CAC 40 edged down marginally.

In corporate news, technology investor Prosus NV rose over 1 percent after it swung into profit for the first time.

Sanofi was moving higher after an announcement that the European Medicines Agency's (EMA) CHMP has recommended approval of Sarclisa, in combination with lenalidomide, bortezomib, and dexamethasone (VRd).

Online trading platform Plus500 gained 1.3 percent after it received new regulatory license in Canada. Spectris soared 15 percent after Advent International announced a £3.8 billion all-cash deal to buy the British scientific instrument manufacturer at a significant premium.

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Rebound Called For Indonesia Stock Market

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | 11 minuter sedan

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | 24 minuter sedan

Hang Seng May Crack Resistance At 25,000 On Tuesday

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.

RTTNews | 26 minuter sedan

China Shares Tipped To Open In The Green On Tuesday

China Shares Tipped To Open In The Green On Tuesday

The China stock market on Monday ended the two-day losing streak in which it had dropped more than 55 points or 1.7 percent. The Shanghai Composite Index now sits just shy of the 3,580-point plateau and it's expected to see additional support on Tuesday.

RTTNews | 41 minuter sedan

Hong Kong Private Sector Ticks Higher In July - S&P Global

Hong Kong Private Sector Ticks Higher In July - S&P Global

The private sector in Hong Kong continued to contract in July, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 49.2.

RTTNews | 1h 1minuter sedan

Singapore Private Sector PMI Improves To 52.7 - S&P Global

Singapore Private Sector PMI Improves To 52.7 - S&P Global

The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.

RTTNews | 1h 3minuter sedan

Japan Services PMI Picks Up Steam In July - Jibun

Japan Services PMI Picks Up Steam In July - Jibun

The services sector in Japan continued to expand in July, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 53.6.

RTTNews | 1h 5minuter sedan

Taiwan Bourse May Find Traction On Tuesday

Taiwan Bourse May Find Traction On Tuesday

The Taiwan stock market has moved lower in back-to-back sessions, slumping more than 270 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,380-point plateau although it may stop the bleeding on Tuesday.

RTTNews | 1h 11minuter sedan

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