FTSE 100 Gains As Miners Jump On China Optimism

RTTNews | hace 725
Stocktwits
FTSE 100 Gains As Miners Jump On China Optimism

(RTTNews) - U.K. stocks rose on Wednesday, led by gains in the mining sector after China's manufacturing activity surged to its highest reading in more than a decade.

The benchmark FTSE 100 was up 39 points, or half a percent, at 7,915 after losing 0.7 percent the previous day.

Miners Anglo American, Antofagasta and Glencore jumped 3-5 percent, while oil & gas firm BP Plc rose over 1 percent and Shell added 1.1 percent.

Aston Martin Lagonda, a maker of luxury sports cars and grand tourers, soared 14 percent after it turned to profit in the fourth quarter with strong sales.

Housebuilder Persimmon plunged 10 percent after reporting a fall in annual pre-tax profits and forecasting lower completions in 2023.

Ricardo, an engineering and environmental consultancy, declined 2.2 percent as it reported a loss for the first half of 2022, compared with a profit last year, amidst higher costs and expenses.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders react to a report showing consumer sentiment in the U.S. deteriorated by much more than expected in February amid a surge by year-ahead inflation expectations. Asian markets closed mixed on Friday.
RTTNews | hace 5h 4min
Australian Market Turns Green In Mid-market Trades

Australian Market Turns Green In Mid-market Trades

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RTTNews | hace 5h 30min
Lower Open Anticipated For Thai Stock Market

Lower Open Anticipated For Thai Stock Market

The Thai stock market inched higher again on Friday, one day after ending the two-day winning streak in which it had risen just over 5 points or 0.4 percent. The Stock Exchange of Thailand now sits just above the 1,245-point plateau although it's likely to open in the red on Monday.
RTTNews | hace 6h 31min
Indonesia Stock Market May Hand Back Friday's Gains

Indonesia Stock Market May Hand Back Friday's Gains

The Indonesia stock market on Friday snapped the two-day losing streak in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau, although it's likely to head south again on Monday.
RTTNews | hace 7h 1min
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Monday, extending the losses in the previous five sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,300.00 level, with weakness across most of the sectors led by energy and technology stocks.
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Hong Kong Stock Market May Open Under Pressure On Monday

Hong Kong Stock Market May Open Under Pressure On Monday

The Hong Kong stock market on Friday emphatically halted the two-day slide in which it had dropped almost 470 points or 2.1 percent. The Hang Seng Index now sits just above the 23,475-point plateau although it's likely to see a downward correction on Monday.
RTTNews | hace 7h 16min
Soft Start Expected For China Stock Market

Soft Start Expected For China Stock Market

The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just beneath the 3,380-point plateau although it's expected to turn lower again on Monday.
RTTNews | hace 7h 31min
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