FTSE 100 Extends Losses On Fed Worries

RTTNews | 973天前
FTSE 100 Extends Losses On Fed Worries

(RTTNews) - U.K.'s stocks edged lower on Wednesday on the back of hawkish comments from Federal Reserve Chair Jerome Powell and a much lower profit reported by insurance giant Admiral.

The benchmark FTSE 100 slipped 0.3 percent to 7,895 after closing 0.1 percent lower on Tuesday.

Admiral Group shares fell nearly 5 percent. The financial services provider proposed a lower dividend for the year after reporting a sharp fall in profit.

Hill & Smith, a provider of infrastructure and safe transport solutions, declined 3.5 percent despite reporting a 62 percent increase in its fiscal 2022 profit before tax.

Similarly, financial services group Legal & General was down more than 2 percent despite reporting strong growth in profit in 2022.

Restaurant Group plunged 8 percent after widening its FY22 loss.

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European Economic News Preview: German Factory Orders Data Due

European Economic News Preview: German Factory Orders Data Due

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RTTNews | 1小时28分钟前
China Services Activity Expands On New Business

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RTTNews | 2小时14分钟前
Australian Market Extends Early Losses In Mid-market

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RTTNews | 4小时36分钟前
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RTTNews | 4小时55分钟前
No Help Yet For Thai Stock Market

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The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 6小时1分钟前
Indonesia Shares Tipped To Open In The Red

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RTTNews | 6小时31分钟前