FTSE 100 Declines As Retail Sales Growth Slows

RTTNews | 708 ngày trước
FTSE 100 Declines As Retail Sales Growth Slows

(RTTNews) - U.K. stocks declined on Tuesday after data from the British Retail Consortium showed British retail sales growth slowed to a seven-month low in May as a result of rising food costs.

The benchmark FTSE 100 was down 39 points, or half a percent, at 7,561 after finishing marginally lower on Monday.

N Brown Group plunged 15 percent after it swung to a pre-tax loss in the fiscal 2023 in a "challenging" market.

Paragon Banking Group surged 8.5 percent after upgrading its FY23 guidance and launching a second 50.0-million-pound ($62.2 million) share buyback program for the year.

British American Tobacco edged down slightly despite backing its annual outlook. Primark owner Associated British Foods was also moving lower after it agreed to buy dairy technology firm National Milk Records for £48m.

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China Bourse May Add To Its Winnings On Thursday

China Bourse May Add To Its Winnings On Thursday

The China stock market has moved higher in three straight sessions, improving almost 65 points or 1.9 percent along the way. The Shanghai Composite Index now rests just above the 3,400-point plateau and it's looking at a higher open again on Thursday.
RTTNews | 17 phút trước
Taiwan Shares Expected To Open In The Green

Taiwan Shares Expected To Open In The Green

The Taiwan stock market has moved higher in four straight sessions, collecting almost 1,250 points or 6.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,780-point plateau and it's likely to open to the upside again on Thursday.
RTTNews | 47 phút trước
Rebound Anticipated For Singapore Shares

Rebound Anticipated For Singapore Shares

The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,870-point plateau although it may bounce higher again on Thursday.
RTTNews | 1h 17phút trước
Malaysia Bourse May See Additional Support

Malaysia Bourse May See Additional Support

The Malaysia stock market has moved higher in three straight sessions, advancing more than 40 points or 2.7 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may extend its gains again on Thursday.
RTTNews | 1h 47phút trước
Mild Rebound Tipped For Japan Stock Market

Mild Rebound Tipped For Japan Stock Market

The Japanese stock market on Wednesday wrote a finish to the four-day winning streak in which it had surged more than 1,400 points or 3.7 percent. The Nikkei 225 now sits just beneath the 38,130-point plateau although it may tick to the upside again on Thursday.
RTTNews | 2h 2phút trước
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has finished higher in three straight sessions, collecting more than 60 points or 2.4 percent in that span. The KOSPI now sits just above the 2,640-point plateau and it's tipped to open to the upside again on Thursday.
RTTNews | 2h 17phút trước
Australia Unemployment Data Due On Thursday

Australia Unemployment Data Due On Thursday

Australia will on Thursday release April numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 4.1 percent, with the addition of 20,900 jobs following the increase of 32,200 jobs in March.
RTTNews | 3h 17phút trước
European Markets Close With Mild Losses

European Markets Close With Mild Losses

The major European stock markets finished moderately to the downside in cautious trade on Wednesday as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
RTTNews | 4h 53phút trước