FTSE 100 Moderately Higher As Mining Stocks Move Up

RTTNews | 23小時26分鐘前

(RTTNews) - The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.

The benchmark FTSE 100 was up 53.70 points or 0.65% at 8,304.73 a little while ago.

Antofagasta and Anglo American Plc are climbing 4.7% and 4.3%, respectively. Fresnillo is up 4% and Rio Tinto is gaining 2.5%. Endeavour Minig is advancing 2.3%, while Glencore is up nearly 1.5%.

DS Smith, Melrose Industries, Compass, Shell, Intercontinental Hotels, Airtel Africa, Severn Trent, Intertek, ICP, Unilever, BT, Weir Holdings, Smith & Nephew, Ashtead, BP and Pershing Square Holdings are among the other prominent gainers.

Despite a 3.5% rise in sales, B&M European Value Retail is plunging more than 12% as the company narrowed its profit guidance.

Marks & Spencer is down 6.1% despite reporting a 5.6% jump in sales in the third quarter.

Tesco has come off earlier lows, but still remains in negative territory, trailing its previous close by about 1.25%. The retailer said its Christmas sales grew 3.7%.

Land Securities, J Sainsbury, Admiral Group, Vistry Group, Taylor Wimpey, LondonMetric Property, Next, Associated British Foods, Persimmon, Berkeley Group Holdings and Kingfisher are down 2.5 to 4%.

On the economic front, UK permanent placements as well as vacancies declined at faster rates in December as companies evaluate the impact of tax hikes announced in the October budget, a report compiled by S&P Global showed.

Permanent placements declined the most since August 2023, the KPMG/REC Report on Jobs survey showed.

Sensex, Nifty Follow Global Peers Lower; IT Stocks Surge

Indian shares opened lower on Friday, mirroring weak cues from global markets amid Trump's tariff threats and expectations of fewer interest-rate cuts by the U.S. Federal Reserve in 2025.

RTTNews | 5小時58分鐘前

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.

RTTNews | 7小時2分鐘前

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.

RTTNews | 7小時37分鐘前

Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates

Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.

RTTNews | 7小時47分鐘前

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.

RTTNews | 7小時56分鐘前

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | 8小時20分鐘前

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.

RTTNews | 8小時23分鐘前

Mild Upside Seen For Indonesia Stock Market

The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.

RTTNews | 8小時53分鐘前

EURUSD	1.02953	GBPUSD	1.22946	AUDUSD	0.6198
USDJPY	158.4	USDCAD	1.44094	USDCHF	0.91259