FTSE 100 Marginally Higher In Lackluster Trade

RTTNews | 571 gün önce
FTSE 100 Marginally Higher In Lackluster Trade

(RTTNews) - U.K. stocks were seeing marginal gains on Monday after ONS figures suggested that Britain's unemployment rate was much lower than initial estimates at the end of last year.

The benchmark FTSE 100 was up 10 points, or 0.1 percent, at 7,625 after ending with a negative bias on Friday.

In corporate news, Porvair, a filtration and environmental technology company, added 1.6 percent after reporting improved FY23 earnings and lifting dividend.

CMC Markets soared 13 percent after an announcement that the online trading platform is cutting 200 jobs to save on costs.

Vodafone fell about 1 percent despite the telecommunications company surpassing sales expectations in the third fiscal quarter.

Lloyds Bank fell 2.2 percent after the Financial Times reported that Iran evaded sanctions and was able to covertly move money around the world using accounts at two of the U.K.'s biggest banks.

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European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 28 dakika önce
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 3s 32 dakika önce
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 4s 15 dakika önce
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 4s 45 dakika önce