FTSE 100 Modestly Higher Ahead Of Central Bank Meetings

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FTSE 100 Modestly Higher Ahead Of Central Bank Meetings

(RTTNews) - U.K. stocks were seeing modest gains on Monday ahead of a big week of central bank meetings.

The benchmark FTSE 100 was up 15 points, or 0.2 percent, at 7,578 after losing half a percent on Friday.

Grocer Ocado jumped 6.4 percent after a brokerage upgraded its price target on the stock.

Mining and trading giant Glencore gained half a percent after it made a fresh proposal to purchase the coal business of Teck Resources for cash.

Oil & gas explorer Tullow Oil fell nearly 2 percent after announcing it is considering all options with respect to its interest in the Espoir field in Côte d'Ivoire.

Energy infrastructure company Petrofac declined 1.6 percent despite signing a $1.5 bln contract with STEP Polymers in Algeria.

Frasers Group rose over 1 percent. The retail, sport, and intellectual property company said that it has acquired an 18.9 percent stake in online electricals retailer, AO world Plc, for 75 million pounds.

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Australian Market Trims Early Gains In Mid-market

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Asian Markets Trade Mostly Higher

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Sensex, Nifty Set For Muted Open On Mixed Global Cues

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Japanese Market Sharply Higher; Up 2%

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Indonesia Stock Market May Be Stuck In Neutral On Tuesday

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Renewed Consolidation Likely For Hong Kong Stock Market

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The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.
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Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.
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