FTSE 100 Slips As Energy Stocks Drag

RTTNews | 569 dagar sedan
Stocktwits
FTSE 100 Slips As Energy Stocks Drag

(RTTNews) - U.K. stocks traded lower on Tuesday as crude prices fell on demand concerns, weighing on the energy sector. BP Plc and Shell both fell around 1 percent.

The downside in the broader market remained limited after data showed Britain borrowed less than predicted by its budget forecasters.

The benchmark FTSE 100 was down 34 points, or half a percent, at 7,462 after finishing 0.1 percent lower in the previous session.

CRH, a provider of building materials solutions, rose over 2 percent after it has agreed to acquire a cement plant and 20 ready mixed concrete plants in Texas from Martin Marietta Materials, Inc. for $2.1 billion.

International Consolidated Airlines Group rose about half a percent after reaffirming its annual outlook.

Cranswick shares jumped 2 percent after the meat producer said it sees annual profit at the upper end of market view.

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Malaysia Stock Market May See Additional Support

Malaysia Stock Market May See Additional Support

The Malaysia stock market has ticked higher in consecutive trading days, gathering almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau and it may add to its winnings again on Friday.
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Win Streak May Continue For South Korea Stock Market

Win Streak May Continue For South Korea Stock Market

The South Korea stock market has finished higher in seven straight sessions, collecting more than 225 points or 8.2 percent along the way. The KOSPI now rests just above the 2,920-point plateau and it's tipped to open in the green again on Friday.
RTTNews | 46 minuter sedan
New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

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RTTNews | 1h 41minuter sedan
Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan stock market on Thursday ended the three-day winning streak in which it had rallied more than 810 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,290-point plateau and it may see renewed support on Friday.
RTTNews | 2h 4minuter sedan
Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

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U.S. Dollar Weakens After Soft PPI Data

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The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews | 5h 20minuter sedan
Canadian Market Up Slightly In Cautious Trade

Canadian Market Up Slightly In Cautious Trade

After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors. The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.
RTTNews | 7h 4minuter sedan
U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

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After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May. The Labor Department said its producer price index for final demand inched up by 0.1 percent after slipping by a revised 0.2 percent in April.
RTTNews | 9h 51minuter sedan
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