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FTSE 100 Edges Higher In Cautious Trade

RTTNews | 621 ngày trước

FTSE 100 Edges Higher In Cautious Trade

(RTTNews) - U.K. stocks rose slightly on Thursday while the pound rebounded a little after falling the previous day in the wake of Chancellor Jeremy Hunt's Autumn Statement.

Hunt unveiled tax cuts and other measures in his autumn budget to boost growth but forecast a far more sluggish economic outlook than previously expected.

The benchmark FTSE 100 was up 18 points, or 0.2 percent, at 7,487 after closing 0.2 percent lower on Wednesday.

Oil and gas shares advanced, with BP Plc climbing 1.1 percent and Shell adding 0.7 percent, despite oil extending overnight losses on concerns over delayed OPEC+ meeting.

Virgin Money UK fell 1.6 percent after reporting a drop in its annual profit.

Travel company Jet2 tumbled 3 percent after reporting its half-year results.

PZ Cussons rose 1.2 percent. The consumer goods company said its performance continues to be in line with the board's expectations and consistent with its fiscal 2024 outlook.

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New Zealand Jobless Rate Climbs To 5.2% In Q2

New Zealand Jobless Rate Climbs To 5.2% In Q2

The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.

RTTNews | 20 phút trước

Taiwan Shares May Head South Again On Wednesday

Taiwan Shares May Head South Again On Wednesday

The Taiwan stock market on Tuesday wrote a finish to the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 23,660-point plateau although it may see renewed consolidation on Wednesday.

RTTNews | 23 phút trước

Singapore Stock Market May Spin Its Wheels On Wednesday

Singapore Stock Market May Spin Its Wheels On Wednesday

The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.

RTTNews | 53 phút trước

Malaysia Bourse May Hand Back Tuesday's Gains

Malaysia Bourse May Hand Back Tuesday's Gains

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.

RTTNews | 1h 23phút trước

Japan Shares May Turn Lower Again On Wednesday

Japan Shares May Turn Lower Again On Wednesday

The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.

RTTNews | 1h 38phút trước

South Korea Shares May Be Stuck In Neutral

South Korea Shares May Be Stuck In Neutral

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.

RTTNews | 1h 53phút trước

New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.

RTTNews | 2h 53phút trước

U.S. Dollar Declines Amid Soft ISM PMI Data

U.S. Dollar Declines Amid Soft ISM PMI Data

The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.

RTTNews | 3h 34phút trước

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