FTSE 100 Edges Higher On Strong Earnings

RTTNews | 766天前
FTSE 100 Edges Higher On Strong Earnings

(RTTNews) - U.K. stocks traded higher Friday on the back of encouraging earnings results from the likes of NatWest, Standard Chartered and AstraZeneca.

The benchmark FTSE 100 was up 19 points, or 0.2 percent, at 7,711 after rising 0.2 percent on Thursday.

AstraZeneca shares jumped nearly 4 percent after the drug maker delivered better-than-expected profits and sales in the second quarter.

Also, its unit Alexion has agreed to buy Pfizer's early-stage rare disease gene therapy portfolio for up to $1 billion.

Lender Standard Chartered soared more than 6 percent after posting better-than-expected first-half earnings and announcing a new $1 billion share buyback.

NatWest Group advanced 1.7 percent after reporting a jump in first-half profit, benefiting from higher interest rates.

British-Airways owner IAG rallied 3.6 percent after quarterly profit beat analyst forecasts.

read more
European Economic News Preview: UK Mortgage Approvals, House Price Data Due

European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
RTTNews | 36分钟前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.
RTTNews | 2小时57分钟前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump's reciprocal tariffs after a U.S. federal appeals court ruled that the majority of his sweeping tariffs were illegal.
RTTNews | 3小时13分钟前
Thai Shares Tipped To Open Under Water On Monday

Thai Shares Tipped To Open Under Water On Monday

The Thai stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it's likely to open under pressure again on Monday.
RTTNews | 4小时24分钟前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 42,300 level, with weakness across most sectors led by tumbling technology stocks. Automakers were the only bright spot.
RTTNews | 4小时40分钟前