FTSE 100 Edges Lower On Inflation Worries

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FTSE 100 Edges Lower On Inflation Worries

(RTTNews) - U.K. stocks declined on Tuesday as commodities shed recent gains from China's reopening,

Inflation worries also returned to the fore after Bank of England Chief Economist Huw Pill said that Britain is at risk of persistent inflationary pressures than other advanced countries.

In economic releases, retail sales in Britain grew nearly 7 percent year-on-year in December, but this was largely due to goods costing more, the latest figures from the British Retail Consortium showed.

The benchmark FTSE 100 was down 20 points, or 0.3 percent, at 7,702 after closing 0.3 percent higher on Monday.

Lower copper prices weighed on miners, with Anglo American falling nearly 2 percent.

Building materials supplier SIG fell about 1 percent despite saying it expects to report higher revenue and underlying operating profit in 2022.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains in mining and technology stocks and a mixed performance in most other sectors.
RTTNews | 4h 5minuter sedan
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, as traders cheer reports the U.S. Senate is nearing a potential deal to extend government funding after the record 40-day long US government shutdown. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly lower on Friday.
RTTNews | 4h 19minuter sedan
Sensex, Nifty Seen Flat To Tad Higher At Open

Sensex, Nifty Seen Flat To Tad Higher At Open

Indian shares may open on a positive note Monday after reports emerged that the U.S. Senate is nearing a potential deal to extend government funding.
RTTNews | 4h 57minuter sedan
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market headed south again on Friday, one day after ending the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,300-point plateau and it's looking at another soft start again on Monday.
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Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in three straight sessions, collecting almost 160 points or 1.2 percent along the way. The Jakarta Composite Index now sits just beneath the 8,400-point plateau although the rally may stall on Monday.
RTTNews | 6h 0minuter sedan
Steady Start Seen For Hong Kong Stock Market

Steady Start Seen For Hong Kong Stock Market

The Hong Kong stock market turned lower again on Friday, one day after ending the two-day slide in which it had dropped more than 220 points or 0.8 percent. The Hang Seng Index now rests just above the 26,240-point plateau and it may see mild upside on Monday.
RTTNews | 6h 15minuter sedan