FTSE 100 Gains As Retailers Report Strong Holiday Sales Growth

RTTNews | 585 dagar sedan
Stocktwits
FTSE 100 Gains As Retailers Report Strong Holiday Sales Growth

(RTTNews) - U.K. stocks traded slightly higher on Thursday after two of Britani's biggest retailers reported bumper grocery sales over Christmas.

The upside remained capped amid caution ahead of U.S. consumer prices inflation data later in the day, expected to provide more clarity on the Federal Reserve's rate trajectory.

The benchmark FTSE 100 was up 16 points, or 0.2 percent, at 7,668 after losing 0.4 percent in the previous session.

Grocer Tesco edged up slightly after raising its full-year guidance.

Marks & Spencer plunged 5 percent. The retailer reported strong holiday sales growth but warned of an uncertain outlook for this year.

Anglo American and Antofagasta climbed around 2 percent each as copper prices rose on the back of a weaker dollar.

Event company Informa fell nearly 3 percent despite reporting a robust performance in a trading update for 2023.

Stocktwits
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Yen Falls Amid Risk-on Mood

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The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
RTTNews | 2h 19minuter sedan
Yen Falls Against Majors

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The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 2h 30minuter sedan
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push

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RTTNews | 3h 51minuter sedan
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Asian Markets Trade Mostly Higher

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RTTNews | 5h 6minuter sedan
Sensex, Nifty Seen Higher On Proposed GST Reforms Push

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Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
RTTNews | 5h 40minuter sedan
Thai Shares May Tick Lower Again On Monday

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The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
RTTNews | 6h 17minuter sedan
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