FTSE 100 Up Marginally; Earnings, Economic Data In Focus

RTTNews | 81 ngày trước

(RTTNews) - The UK stock market is up marginally about half an hour past noon on Thursday as investors react to some earnings data, and reports on inflation and construction activity.

The benchmark FTSE 100 was up 18.91 points or 0.22% at 8820.20 a little while ago.

Mining stocks are finding good support. Fresnillo is moving up 4.2%. Antofagasta, Anglo American Plc, Convatec Group and Smith & Nephew are gaining 3 to 3.3%.

Glencore is up nearly 2% and Endeavour Mininig is advancing 1.8%. Reckitt Benckiser, Mondia, Ashtead Group, Segro, Experian, Hiscox, The Sage Group, British Ameican Tobacco, Rio Tinto, Imperial Brands and BT Group are up 1 to 1.5%.

Wise Plc shares are up nearly 8% after the fintech firm said it would move its primary listing from London to New York.

Sainsbury (J) is down 3.3%. WPP and Vodafone Group are down 3.2% and 3.1%, respectively. Natwest Group, EasyJet, Pershing Square Holdings, Marks & Spencer, Rolls-Royce Holdings, Whitbread and IAG are down 1 to 1.7%.

Shares of budget air carrier Wizz Air Holdings are plunging more than 26% after the company reported an around 62% slide in annual operating profit, citing growth challenges and capacity constraints.

On the economic front, the U.K.'s Office for National Statistics has said that the annual inflation rate for April was overstated due to a data error stemming from a government department.

According to revised data, consumer price inflation for the 12 months to April 2025 stood at 3.4% instead of 3.5% reported earlier.

Survey data from S&P Global showed the UK construction sector contracted at a slower pace in May as the fall in new orders hit the slowest in four months.

The construction Purchasing Managers' Index posted 47.9 in May, up from 46.6 in April. The indicator suggested the slowest reduction in output volumes since January.

The survey showed that new work dropped again in May but at the least marked pace in four months. Respondents attributed the fall to delayed decision-making among clients and cutback to capital spending budgets.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1h 18phút trước

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1h 39phút trước

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2h 10phút trước

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2h 50phút trước

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3h 17phút trước

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 20phút trước

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 35phút trước

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3h 37phút trước

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