FTSE 100 Edges Higher Led By Miners

RTTNews | 988 gün önce
FTSE 100 Edges Higher Led By Miners

(RTTNews) - U.K. stocks were moving higher on Monday, with miners gaining ground after Beijing unveiled a 16-point plan to rescue the country's ailing property sector.

The benchmark FTSE 100 was up 34 points, or half a percent, at 7,354 after declining 0.8 percent on Friday.

The British pound eased ahead of the U.K. Chancellor's Autumn Statement on Thursday where he is expected to set out tax rises and spending cuts.

Miners Antofagasta and Glencore rose 1-2 percent as London copper prices hovered near a five-month high on China demand hopes.

John Wood Group, an engineering and consulting firm, plunged 5 percent after saying it has reached a settlement agreement with Enterprise Products Operating LLC on legacy lawsuit.

Oil & gas firm Shell was little changed after announcing a collaboration with Global Bioenergies for the development and testing of low carbon road fuels.

Indivior gained nearly 1 percent after it inked a deal to acquire Opiant for $20 per share or around $145 million in cash.

Informa, a publishing, business intelligence, and exhibitions company, jumped 5.2 percent after raising its full-year earnings guidance.

read more
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the pre-European session on Tuesday.
RTTNews | 45 dakika önce
European Economic News Preview: UK Mortgage Approvals Data Due

European Economic News Preview: UK Mortgage Approvals Data Due

Mortgage approvals from the UK and flash GDP from Spain are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes flash GDP data and retail sales figures. The economy is forecast to grow at a steady pace of 0.6 percent in the second quarter.
RTTNews | 1s 22 dakika önce
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.
RTTNews | 3s 54 dakika önce
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
RTTNews | 4s 0 dakika önce
Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.
RTTNews | 5s 17 dakika önce