FTSE 100 Gains As Markets Brace For Truss's Energy Plan

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FTSE 100 Gains As Markets Brace For Truss's Energy Plan

(RTTNews) - U.K. stocks rose on Thursday as investors await an announcement on Prime Minister Liz Truss's energy bill support package and the ECB rate decision later in the day.

The benchmark FTSE 100 was up 25 points, or 0.4 percent, at 7,263 after losing 0.9 percent on Wednesday.

Higher iron ore prices helped lift miners, with Antofagasta rising 1.4 percent and BHP adding 0.9 percent.

Restaurant Group surged 2.8 percent after narrowing its half-year net loss.

Melrose, the turnaround specialist that owns British engineer GKN, fell about 1 percent. The company announcing plans to separate its GKN Automotive and GKN Powder Metallurgy divisions and list them as a separate independent business.

Associated British Foods plunged over 7 percent after a profit warning.

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European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
RTTNews | 1h 24minuter sedan
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 2h 35minuter sedan
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 3h 36minuter sedan
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | 4h 0minuter sedan
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 4h 29minuter sedan
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | 5h 0minuter sedan
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | 5h 26minuter sedan
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | 5h 30minuter sedan