FTSE 100 Modestly Higher

RTTNews | 1 dag sedan
FTSE 100 Modestly Higher

(RTTNews) - The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.

The benchmark FTSE 100 was up 29.31 points or 0.32% at 9,187.05 a few minutes ago.

JD Sports Fashion is gaining more than 6.5%. Marks & Spencer is rising nearly 4%. Persimmon is advancing nearly 3%.

Anglo American Plc, Diageo, Glencore, Kingfisher, WPP, Barratt Redrow, Next, Antofagasta, Mondi, IMI, Rio Tinto, Associated British Foods, Weir Group, Taylor Wimpey, DCC, Bunzl and Berkeley Group Holdings are up 1.4 to 2.5%.

British healthcare estate investor Assura Plc shares are up 1.3% as Ed Smith stepped down as chairman of the board after seven years in the role.

Babcock International is down 6.5%. BAE Systems is declining 3.7% and Rolls-Royce Holdings is down by about 2.1%.

Melrose Industries, Hikma Pharmaceuticals and BT Group are down 1.6%, 1% and 0.9%, respectively.

International Workplace Group shares are tanking nearly 17% after the office space provider reported a dip in first-half revenue.

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New Zealand Trade Data On Tap For Thursday

New Zealand Trade Data On Tap For Thursday

New Zealand will on Thursday release July numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In June, imports were worth NZ$6.49 billion and exports were at NZ$6.63 billion for a trade surplus of NZ$142 million.
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Fed Minutes Reveal Details Behind Split Interest Rate Decision

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TSX Modestly Higher As Materials, Energy Stocks Gain

TSX Modestly Higher As Materials, Energy Stocks Gain

The Canadian market is modestly higher Wednesday afternoon, lifted by strong gains in materials and energy sectors. The mood remains a bit cautious ahead of the Federal Bank's symposium in Jackson Hole, Wyoming, where several central bank chiefs including Fed Chair Jerome Powell are set to make speeches.
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Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

After a weak start and a subsequent drop to lower levels, the Switzerland market recovered and stayed subdued till around mid morning on Wednesday, but kept edging higher as the day progressed to eventually ended the session on a firm note. Optimism about a potential peace deal between Russia and Ukraine supported the market.
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European Stocks Closed On Mixed Note

European Stocks Closed On Mixed Note

European stocks turned in a mixed performance on Wednesday after another cautious session, as investors looked ahead to the Federal Reserve's Jackson Hole Symposium that gets underway on Thursday, and continued to focus on the developments on the trade and geopolitical front.
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Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit

Target Q2 Down, Yet Beats Street, Backs FY25 View, Names Michael Fiddelke CEO; Shares Hit

Shares of Target Corp. were losing around 11 percent in the pre-market activity on the NYSE, after the retail major reported Wednesday lower profit and comparable sales in its second quarter. However, earnings per share and top line beat market estimates, and the firm maintained its fiscal 2025 outlook. Separately, Target announced the appointment of Michael Fiddelke, chief operating officer,
RTTNews | 10h 10minuter sedan