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FTSE 100 Drifts Lower In Lackluster Trade

RTTNews | vor 10Std 52 Minuten

FTSE 100 Drifts Lower In Lackluster Trade

(RTTNews) - U.K. stocks were subdued on Friday, a day after the Bank of England cut interest rates as expected but signaled stickier inflation.

The benchmark FTSE 100 was down 21 points, or 0.3 percent, at 8,119 after declining 0.3 percent on Thursday.

Vistry Group shares plummeted 16 percent. The housebuilder announced today that it has revised down its expectations for annual adjusted profit before tax because of issues in its South Division, adjustments in other regions, and reduced expectations for completions.

Property portal Rightmove edged up slightly after releasing its first trading update since rejecting the final of four takeover offers by Australia's REA Group.

AstraZeneca rallied nearly 2 percent. It was said the Phase III WAYPOINT study of AstraZeneca and Amgen's Tezspire in patients with chronic rhinosinusitis with nasal polyps met its both co-primary endpoints.

British Airways-owner IAG jumped almost 7 percent after reporting a bigger-than-expected quarterly profit.

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Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Lower Canadian and U.S. stock futures, weak commodity prices and European stocks point to a negative start for the Canadian market Friday morning. The focus will be on Canadian employment data.

RTTNews | vor 7Std 28 Minuten

Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.

RTTNews | vor 8Std 29 Minuten

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | vor 9Std 21 Minuten

Sensex, Nifty End Marginally Lower

Sensex, Nifty End Marginally Lower

Indian shares moved in a narrow range before finishing marginally lower on Friday after a busy week of central bank meetings and Donald Trump's victory in the U.S. presidential election.

RTTNews | vor 9Std 44 Minuten

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.

RTTNews | vor 10Std 30 Minuten

European Shares Slide As China Approves $838bn Debt Swap

European Shares Slide As China Approves $838bn Debt Swap

European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.

RTTNews | vor 10Std 39 Minuten

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

CAC 40 Edges Lower As Investors React To China's Stimulus Announcement

French stocks were little changed on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $839 billion after a week-long session.

RTTNews | vor 11Std 3 Minuten

DAX Little Changed With German Politics In Focus

DAX Little Changed With German Politics In Focus

German stocks were little changed on Friday after posting sharp gains in the previous session.

RTTNews | vor 11Std 17 Minuten

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