FTSE 100 Slips Into Red After Recent Rally

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FTSE 100 Slips Into Red After Recent Rally

(RTTNews) - U.K. stocks traded slightly lower on Thursday after three days of gains.

The benchmark FTSE 100 was down 19 points, or 0.3 percent, at 7,467 after gaining 0.6 percent on Wednesday.

Oil & gas stocks fell, with BP Plc and Shell falling 1-2 percent as Brent crude futures fell below $81 a barrel on signs of higher U.S. supply.

Luxury fashion brand Burberry plummeted 8.2 percent after a warning that it might not meet its full-year revenue growth target for fiscal 2024.

Halma, a life-saving technology company, jumped more than 5 percent after posting record first-half results.

Insurer Aviva rose more than 1 percent after confirming full-year targets.

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Thai Stock Market May Snap Losing Streak On Tuesday

Thai Stock Market May Snap Losing Streak On Tuesday

The Thai stock market has moved lower in three straight sessions, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it may stop the bleeding on Tuesday.
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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the red, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 52,450 level, with gains in exporters and automaker stocks partially offset by weakness in index heavyweights, technology and financial stocks.
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Indonesia Stock Market To Remain Rangebound On Tuesday

Indonesia Stock Market To Remain Rangebound On Tuesday

The Indonesia stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,275-point plateau and it's likely to see little movement on Tuesday.
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Mild Upside Seen For Hong Kong Stock Market

Mild Upside Seen For Hong Kong Stock Market

The Hong Kong stock market on Monday ended the three-day losing streak in which it had dropped more than 520 points or 2 percent. The Hang Seng Index now rests just above the 26,150-point plateau and it's tipped to open in the green on Tuesday.
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Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Tuesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,850 level, with weakness in iron ore miners, financial, energy and technology stocks partially offset by gains in gold miners and stocks.
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China Stock Market May Spin Its Wheels On Tuesday

China Stock Market May Spin Its Wheels On Tuesday

The China stock market on Monday ended the two-day slide in which it had dropped more than 60 points or 1.5 percent. The Shanghai Composite Index now sits just above the 3,975-point plateau and it's likely to be rangebound on Tuesday.
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Tech Shares May Boost Taiwan Stock Market

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market on Monday snapped the two-day slide in which it had slipped more than 60 points or 0.2 percent. The Taiwan Stock Exchange now sits just above the 28,330-point plateau and it may tick higher again on Tuesday.
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