FTSE 100 Rebounds Led By Banks

RTTNews | il y a 714
FTSE 100 Rebounds Led By Banks

(RTTNews) - U.K. stocks opened higher on Thursday as banks rebounded after Credit Suisse said that it will borrow up to $54 billion from the Swiss National Bank.

HSBC, Lloyds Banking and Barclays climbed 2-3 percent. The benchmark FTSE 100 was up 48 points, or 0.7 percent, at 7,392 after losing 3.8 percent the previous day.

Gold mining Centamin gained 0.8 percent after reporting a rise in FY22 pre-tax profit on higher revenue.

United Utilities fell about 1 percent. The water company confirmed that its Chief Executive Officer, Steve Mogford, is retiring with effect from March 31.

Investec rallied 2.7 percent after the niche bank and wealth manager said it expects a jump operating profit for the year to the end of March 2023.

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Sensex, Nifty Lack Direction; Financials Surge

Sensex, Nifty Lack Direction; Financials Surge

Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
RTTNews | il y a 5h 46min
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods. Asian Markets closed mixed on Wednesday.
RTTNews | il y a 7h 0min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market in trimming its early gains in mid-market moves on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains in mining and energy stocks partially offset by weakness in technology stocks.
RTTNews | il y a 7h 39min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese market is trading modestly higher on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 38,200 level, with gains across most sectors led by index heavyweights and financial stocks.
RTTNews | il y a 8h 44min
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the two-day losing streak in which it had stumbled more than 215 points or 3.2 percent. The Jakarta Composite Index now sits just above the 6,600-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | il y a 8h 56min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains across most sectors led by mining stocks.
RTTNews | il y a 9h 5min
Steady Start Eyed For Hong Kong Stock Market

Steady Start Eyed For Hong Kong Stock Market

The Hong Kong stock market on Wednesday snaped the two-day losing streak in which it had tumbled almost 450 points or 2 percent. The Hang Seng Index now sits just beneath the 23,790-point plateau and it's tipped to open modestly to the upside again on Thursday.
RTTNews | il y a 9h 11min