FTSE 100 Slips After Positive Start, Down Marginally

RTTNews | 9天前
FTSE 100 Slips After Positive Start, Down Marginally

(RTTNews) - After a modest upmove in early trades, the U.K. market retreated on Monday with investors turning cautious, focusing on the upcoming meeting between U.S. President Donald Trump and several European leaders, after the Trump-Putin summit failed to result in any breakthrough to end the war in Ukraine.

Trump and several European leaders including Ukrainian President Volodymyr Zelensky are set to meet later in the day to discuss terms of a potential peace deal.

Investors also await Federal Reserve's Jackson Hole Symposium that gets underway on Thursday. The symposium will feature keynote speeches from top central bankers, including Fed Chair Jerome Powell.

The benchmark FTSE 100 is down 5.19 points or 0.06% at 9,133.71 about a quarter past noon. The index had advanced to 9,163.45 earlier in the session.

Babcock International is rising 4.3% and Endeavour Mining is gaining 3.1%. BAE Systems, Standard Chartered, Persimmon, AstraZeneca, British American Tobacco, Games Workshop and Beazley are up 1 to 1.7%.

GSK, Auto Trader Group, Sainsbury (J), Fresnillo, Imperial Brands, Convatec Group, Pershing Square Holdings and BT Group are up with modest gains.

Centrica is down 1.7%. Glencore, Ashtead Group, Anglo American Plc, Legal & General, Rio Tinto, Intercontinental Hotels Group, Croda International, Aviva, Segro, Easyjet and Entain are down 1 to 1.6%.

read more
Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews | 34分钟前
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
RTTNews | 5小时40分钟前
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | 9小时55分钟前
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | 10小时21分钟前
European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
RTTNews | 10小时48分钟前
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers. The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
RTTNews | 11小时37分钟前
CAC 40 Advances After Recent Losses

CAC 40 Advances After Recent Losses

Despite the uncertainty on the political front, the French market is up in positive territory on Wednesday due largely to some bargain hunting at several counters after two successive days of declines. Investors are also looking ahead to AI giant Nvidia's earnings updates.
RTTNews | 11小时52分钟前