FTSE 100 Little Changed In Cautious Trade

RTTNews | 876 days ago
FTSE 100 Little Changed In Cautious Trade

(RTTNews) - U.K. stocks traded flat on Wednesday after a survey showed that U.K. service sector activity growth eased to its slowest in the past seventeen months during July.

The benchmark FTSE 100 was marginally higher at 7,412 after ending little changed the previous day.

Hill & Smith Holdings lost 2 percent. The supplier of infrastructure products kept full-year expectations unchanged after reporting higher revenue and pretax profit for the first half.

Rolls Royce rallied 3 percent. The industrial technology company announced that the Spanish government has approved the sale of ITP Aero to a consortium of investors led by Bain Capital Private Equity.

Housebuilder Taylor Wimpey jumped 4 percent after raising its profit guidance to the top end of expectations.

Avast shares surged 43 percent as the competition regulator provisionally cleared the anticipated acquisition of the company by NortonLifeLock following an in-depth merger investigation.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to China's central bank holding the interest rate on the one-year medium-term lending facility at 2% on Wednesday.
RTTNews | 7h 34min ago
Japanese Market Notably Higher

Japanese Market Notably Higher

Adding to the gains in the previous session, the Japanese stock market is notably higher on Thursday, following the lack of cues from global markets overnight as they were closed for Christmas holiday. The Nikkei 225 is moving well above the 39,300 level, with gains across most sectors led by index heavyweights and automaker stocks.
RTTNews | 9h 30min ago
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1 day ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1 day ago
Canadian Dollar Rises As Crude Oil Prices Traded Higher

Canadian Dollar Rises As Crude Oil Prices Traded Higher

The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the world's second largest economy.
RTTNews | 1 day ago