FTSE 100 Dips On US Bank Woes

RTTNews | 678 hari yang lalu
Stocktwits
FTSE 100 Dips On US Bank Woes

(RTTNews) - U.K. stocks declined on Thursday amid signs that another U.S. bank is on the brink of collapse.

PacWest Bancorp shares slumped 60 percent in after-hours U.S. trading and shares of other regional lenders also fell after PacWest Bancorp said that it is exploring strategic options, including a potential sale or capital raise.

The benchmark FTSE 100 was down 48 points, or 0.6 percent, at 7,740 after closing 0.2 percent higher on Wednesday.

Shell rose over 2 percent after its first-quarter profit beat forecasts despite lower energy prices.

Mothercare plunged 12.5 percent after the baby products retailer warned it may require waivers for future debt covenant tests.

Domino's Pizza climbed 1.1 percent after posting record first-quarter sales and launching a £20m share buyback.

Home and clothing retailer Next Plc rose over 2 percent after maintaining its sales and profit guidance.

BAE Systems fell over 1 percent. The defense giant said its performance in the first financial quarter has been in line with expectations.

In economic releases, a survey showed U.K. business activity growth regained momentum during April, fuelled by the strongest upturn in new orders since March 2022.

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Thai Shares May Bounce Higher Again On Thursday

Thai Shares May Bounce Higher Again On Thursday

The Thai stock market has alternated between positive and negative finishes through the last eight trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,160-point plateau although it figures to rebound again on Thursday.
RTTNews | 5j 44min yang lalu
Higher Open Called For Indonesia Stock Market

Higher Open Called For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the two-day slide in which it had dropped almost 85 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,665-point plateau and it figures to see continued strength on Thursday.
RTTNews | 6j 14min yang lalu
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Thursday, extending the slight gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 37,200 level, with gains across most sectors led by exporters, technology and financial stocks.
RTTNews | 6j 20min yang lalu
Hong Kong Shares Poised To End Losing Streak

Hong Kong Shares Poised To End Losing Streak

The Hong Kong stock market has moved lower in four straight trading days, stumbling almost 780 points or 3.4 percent along the way. The Hang Seng Index now rests just above the 23,600-point plateau although it's due for support on Thursday.
RTTNews | 6j 29min yang lalu
Rebound Predicted For China Stock Market

Rebound Predicted For China Stock Market

The China stock market headed south again on Wednesday, one day after ending the two-day slide in which it had dipped almost 15 points or 0.5 percent. The SCI now sits just above the 3,370-point plateau although it's expected to bounce higher again on Thursday.
RTTNews | 6j 44min yang lalu
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Thursday, recouping some of the losses in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,800 level, with gains in gold miners and technology stocks as some traders picked up stocks at a bargain after the recent slump in the markets.
RTTNews | 6j 45min yang lalu
Taiwan Shares Tipped To Open In The Green On Thursday

Taiwan Shares Tipped To Open In The Green On Thursday

The Taiwan stock market on Wednesday halted the four-day losing streak in which it had stumbled almost 800 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,280-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 7j 14min yang lalu
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