FTSE 100 Little Changed As Commodity Stocks Drag

RTTNews | hace 56
Stocktwits
FTSE 100 Little Changed As Commodity Stocks Drag

(RTTNews) - U.K. stocks were subdued on Wednesday as commodity-related shares declined on concerns about weakening U.S. and Chinese growth.

The benchmark FTSE 100 was marginally lower at 8,338 after rising 0.2 percent on Tuesday.

Miners Anglo American, Antofagasta and Glencore fell 1-3 percent as metals prices declined on demand concerns.

Hochschild Mining plunged nearly 5 percent despite posting strong first-half results on higher output and prices.

Energy giant BP Plc dropped half a percent and Shell gave up 1 percent.

GSK advanced 1.7 percent after a U.S. court decided to review whether evidence supporting claims that heartburn drug Zantac causes cancer is scientifically sound.

Insurer Prudential added 2 percent after half-year results surpassed in several key areas.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as traders react to rising bond yields and amid bets the US Fed will take a more measured approach on interest rate cuts. The continued tension in the Middle East is also weighing on the markets. Asian Markets closed mixed on Wednesday.
RTTNews | hace 5h 5min
Sensex, Nifty Likely To Open On Positive Note

Sensex, Nifty Likely To Open On Positive Note

Indian shares may open on a positive note Thursday, though volatility cannot be ruled out in the wake of relentless outflows of foreign funds, persisting geopolitical tensions and the impending U.S. election.
RTTNews | hace 5h 49min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous three sessions, the Japanese market is modestly higher on Thursday after opening in the red, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving up to be a tad below the 38,200 level, with gains in exporters and technology stocks.
RTTNews | hace 6h 6min
More Pain Predicted For Thai Stock Market

More Pain Predicted For Thai Stock Market

Ahead of Wednesday's holiday for Chulalongkorn Day, the Thai stock market had tracked lower in three straight sessions, slipping almost 25 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,470-point plateau and it's expected to open under water again on Thursday.
RTTNews | hace 6h 20min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday after opening in the red, adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay above the 8,200 level, with gains in some energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | hace 6h 44min
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the eight-day winning streak in which it had surged more than 300 points or 4.1 percent. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and the losses may accelerate on Thursday.
RTTNews | hace 6h 50min
Rally May Stall For Hong Kong Stock Market

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 280 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 20,760-point plateau although it may spin its wheels on Thursday.
RTTNews | hace 7h 5min
China Stock Market Tipped To Open In The Red On Thursday

China Stock Market Tipped To Open In The Red On Thursday

The China stock market has finished higher in four straight sessions, gathering more than 135 points or 4 percent along the way. The Shanghai Composite now sits just above the 3,300-point plateau although the rally may stall on Thursday.
RTTNews | hace 7h 20min
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