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FTSE 100 Declines As Commodity Stocks Drag
(RTTNews) - U.K. stocks fell on Monday as lower commodity prices amid worries about slowing global growth weighed on commodity stocks.
Meanwhile, U.K. house price growth eased in April, Rightmove said in a report.
On a monthly basis, average asking prices rose by 0.2 percent, down from 0.8 percent growth in March and the average of 1.2 percent growth at this time of year.
The benchmark FTSE 100 was down 9 points, or 0.1 percent, at 7,904 after closing 0.2 percent higher on Friday.
Oil & gas firm BP Plc dropped 0.7 percent and Shell declined about 1 percent as oil prices fell over 1 percent on concerns about fuel demand.
In the mining sector, Glencore lost 1.2 percent and Anglo American was little changed.
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Singapore Stock Market May See Renewed Support On Monday
The Singapore stock market on Friday ended the two-day winning streak in which it had collected almost 20 points or 0.5 percent. The Straits Time Index now sits just beneath the 3,915-point plateau, although it's likely to tick higher again on Monday.
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4h 5min ago
Malaysia Stock Market May Find Traction On Monday
The Malaysia stock market has tracked lower in back-to-back sessions, slumping almost 20 points or 1.3 percent in that span. The Kuala Lumpur Composite Index now sits just shy of the 1,550-point plateau, although it may stop the bleeding on Mondy.
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4h 35min ago
Rebound Anticipated For Japan Stock Market
The Japanese stock market on Friday wrote a finish to the two-day winning streak in which it had rallied more than 370 points or 1 percent. The Nikkei 225 now rests just shy of the 36,900-point plateau, although it may bounce higher again on Monday.
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4h 50min ago
South Korea Bourse May Erase Friday's Losses
The South Korea stock market on Friday halted the two-day winning streak in which it had advanced almost 50 points or 2 percent. The KOSPI now sits just above the 2,560-point plateau although it may see renewed support on Monday.
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5h 5min ago
Japan Data On Tap For Monday
Japan is scheduled to release a handful of reports on Monday, highlighting a light day for Asia-Pacific economic activity. On tap are January results for current account and leading and coincident indexes, as well as February figures for bank lending.
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6h 5min ago
U.S. Dollar Climbs Off Worst Levels But Continues To See Moderate Weakness
The U.S. dollar is seeing moderate weakness during trading on Friday, extending the downward move seen over the past week amid concerns about the impact of President Donald Trump's new tariffs.
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2 days ago
Swiss Franc Advances Against Euro, Pound
The Swiss franc moved up against the euro and the pound in the New York session on Friday.
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2 days ago
Swiss Market Ends Modestly Higher
The Switzerland market, which spent much of the day's session in negative territory, closed on a positive note on Friday, thanks to some strong buying at select counters in the final hour.
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2 days ago
