FTSE 100 Down Slightly As Stocks Turn In Mixed Performance

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(RTTNews) - U.K. stocks are turning in a mixed performance in cautious trade on Tuesday with traders back to trading after a long weekend. Investors are awaiting the monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.

The Federal Reserve is widely expected to hold rates, while the BoE is likely to lower interest rates by 25 basis points.

The benchmark FTSE 100, which moved into positive territory earlier in the session, was down 7.06 points or 0.08% at 8,589.29 a little while ago.

Endeavour Mining is gaining more than 6%. Fresnillo, British American Tobacco, Sainsbury (J), Tesco, Land Securities, Imperial Brands, Diageo, Entain and Kingfisher are up 1 to 3%.

AstraZeneca is gaining about 0.6% on receiving EU approval for Calquence (acalabrutinib) in combination with bendamustine and rituximab.

Deliveroo is up nearly 2% after the company agreed to be acquired by US food delivery major DoorDash in a deal valuing the company at 2.9 billion pounds.

Anglo American Plc shares are down more than 3% after Peabody notified the company that the issues involving the Moranbah North Mine constituted a Material Adverse Change as per the deal terms.

Marks & Spencer, Mondia, Standard Chartered, Anglo American Plc and Melrose Industries are down 3.2 to 4%.

WPP, EasyJet, Scottish Mortgage, Pearson, Shell, Experian, Barclays Group and Natwest Group are also notably lower.

In economic news, the S&P Global UK Composite PMI fell to 48.5 in April from 51.5 in March, revised slightly higher from the flash reading of 48.2. The reading came in below initial market expectations of 50.4, reflecting the first contraction in the nation's economic activity since October of 2023.

The manufacturing PMI came in at 45.4 in April, compared to 44.9 in March, while the Services sector PMI fell to 49.0 in April from 52.5 in March, the S&P Global data showed.

A report from the Society of Motor Manufacturers and Traders Limited showed that new car registrations in the UK fell by 10.4% year-on-year in April to 120,331 units, 13,943 fewer than the same month last year and 25.3% below April 2019 levels.

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

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Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

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Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

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Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

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Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

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Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

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Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 2h 43minuter sedan

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.

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EURUSD	1.16436	GBPUSD	1.35082	AUDUSD	0.65142
USDJPY	147.147	USDCAD	1.37784	USDCHF	0.80138