FTSE-100 Trading More Than A Percent Lower

RTTNews | 1097 ngày trước
FTSE-100 Trading More Than A Percent Lower

(RTTNews) - Stocks in the FTSE-100 benchmark of the London Stock Exchange are trading more than 1 percent lower amidst a worldwide negative sentiment driven by high inflation and fears of aggressive action by central banks.

FTSE 100 oscillated between 7,262.05 and 7,377.80, versus the previous close of 7,374.04.

The benchmark index of the London Stock Exchange is currently trading at 7,284.67, down 1.05 percent on an overnight basis.

In the 100-scrip index, only 37 are trading above the levels on Tuesday.

Online grocery retailer Ocado group rallied more than 2 percent.

Mondi, Pearson, Smurfit Kappa Group, JD Sports Fashion etc. gained more than 1.5 percent.

National Grid, Shell and BP, all declined more than 3 percent. AstraZeneca declined 2.6 percent.

Lloyds Banking group is the most active scrip with a turnover of 37 million. The scrip has gained 0.24 percent.

The GBPUSD pair shed 0.35 percent to trade at 1.1614 amidst the Dollar Index strengthening 0.36 percent to touch 109.16, versus the previous close of 108.75.

Yields on U.K.'s ten-year bonds increased to 2.8350 percent from Tuesday's close of 2.7040.

read more
Eurozone Manufacturing Growth At 38-Month High

Eurozone Manufacturing Growth At 38-Month High

The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash
RTTNews | 12 phút trước
CAC 40 Up Slightly In Cautious Trade

CAC 40 Up Slightly In Cautious Trade

French stocks are up slightly in cautious trade on Monday as the focus remains on the upcoming confidence vote on French Prime Minister Francois Bayrou's government. Investors, digesting the latest batch of regional economic data, are also awaiting the crucial U.S. non-farm payroll data due later in the week.
RTTNews | 49 phút trước
DAX Advances; Pharma Stocks Among Notable Gainers

DAX Advances; Pharma Stocks Among Notable Gainers

The German market is modestly higher on Monday, as a U.S. appeals court ruling that many of Donald Trump's tariffs were illegal. Healthcare stocks are finding support after Danish pharma company Novo Nordisk's weight-loss drug Wegovy offered better heart-protective benefits than rival treatments from U.S.-based Eli Lilly.
RTTNews | 1h 19phút trước
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

U.S. Dollar Falls Amid Rising Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the late Asian session on Monday, due to growing speculation that the U.S. Federal Reserve (Fed) may lower interest rates at its September meeting.
RTTNews | 1h 57phút trước
UK House Price Growth Softens In August

UK House Price Growth Softens In August

UK house prices logged a slower pace of growth in August due to stretched affordability, the Nationwide Building Society said Monday. House prices increased 2.1 percent on a yearly basis in August, slower than the 2.4 percent rise seen in July. On a monthly basis, house prices edged down 0.1 percent, in contrast to the 0.5 percent increase in the previous month.
RTTNews | 2h 23phút trước