FTSE 100 Edges Higher On Earnings Boost

RTTNews | 845 days ago
Stocktwits
FTSE 100 Edges Higher On Earnings Boost

(RTTNews) - U.K. stocks eked out modest gains on Thursday after clothing retailer Next Plc raised its pre-tax profit forecast for the current year, defying gloom about weakening consumption and the U.K.'s cost-of-living crisis.

Next Plc shares jumped 7.5 percent, while the benchmark FTSE 100 was up 23 points, or 0.3 percent, at 7,607.

Bakery chain Greggs gained about 1 percent after reporting strong double-digit growth in its fourth-quarter sales.

Galliford Try Holdings fell 1.5 percent. The construction group said it has won a £95mln contract to deliver a new prison facility at HMP Rye Hill, near Rugby in Warwickshire.

B&M European Value Retail advanced 1.3 percent. The variety discounter announced a special dividend after reporting an uptick in sales in its third quarter.

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European Economic News Preview: Eurozone Economic Sentiment Due

European Economic News Preview: Eurozone Economic Sentiment Due

Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
RTTNews | 48 minutes ago
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday. The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
RTTNews | 59 minutes ago
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Tuesday as investors watch the latest developments on trade talks and await cues from some big U.S. tech companies.
RTTNews | 1h 8min ago
Sensex, Nifty Fluctuate In Lackluster Trade

Sensex, Nifty Fluctuate In Lackluster Trade

Indian shares fluctuated in early trade on Tuesday, tracking muted cues from global markets as investors looked for signs of progress on the global trade front.
RTTNews | 2h 20min ago
Australian Market Strongly Adds To Early Gains In Mid-market

Australian Market Strongly Adds To Early Gains In Mid-market

The Australian stock market is strongly extending its early modest gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,000 mark, with gains across most sectors led by iron ore miners, technology and energy stocks.
RTTNews | 3h 22min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders remain optimistic and keep a close eye on developments on the tariff front, with US Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
RTTNews | 3h 46min ago
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