FTSE 100 Extends Record Winning Run On Earnings

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FTSE 100 Extends Record Winning Run On Earnings

(RTTNews) - U.K. stocks rose on Thursday to hit a record high for a third session in a row, with upbeat earnings and news of a takeover approach for Anglo American boosting investor sentiment.

The benchmark FTSE 100 was up 47 points, or 0.6 percent, at 8,087 after finishing marginally lower on Wednesday.

Barclays surged 4.2 percent after the lender reported a smaller-than-expected drop in first-quarter profit.

Unilever rallied 5.3 percent. The consumer goods giant beat first-quarter sales forecasts and kept its full-year guidance for underlying sales growth within its multi-year range of 3-5 percent.

Anglo American soared 12.5 percent after mining giant BHP Group proposed a takeover of the rival in a deal that seeks to create world's biggest copper miner with around 10 percent of global output.

Housebuilder Persimmon rose about 1 percent after reaffirming its annual home-build targets.

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NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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Sensex, Nifty Deep In The Red On Tariff Worries

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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