FTSE 100 Slips As Energy Stocks Drag

RTTNews | 569 dagar sedan
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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Taiwan Shares May Bounce Higher Again On Friday

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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.
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Singapore Bourse May Extend Thursday's Gains

Singapore Bourse May Extend Thursday's Gains

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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.
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New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

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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.
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Rebound Anticipated For Japan Stock Market

Rebound Anticipated For Japan Stock Market

The Japan stock market on Thursday ended the four-day winning streak in which it had climbed more than 860 points or 2.5 percent. The Nikkei 225 now sits just beneath the 38,175-point plateau although it may bounce higher again on Friday.
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U.S. Dollar Weakens After Soft PPI Data

U.S. Dollar Weakens After Soft PPI Data

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.
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