FTSE 100 Edges Higher With Earnings In Focus

RTTNews | 817 days ago
Stocktwits
FTSE 100 Edges Higher With Earnings In Focus

(RTTNews) - U.K. stocks edged higher on Thursday as investors digested a raft of earnings updates and awaited an ECB rate decision later in the day.

The benchmark FTSE 100 rose 18 points, or 0.3 percent, to 7,074 after closing 0.6 percent higher on Wednesday.

Consumer goods firm Unilever was modestly higher after raising its sales forecast Drug maker GSK edged down slightly after saying it would not be proceeding with regulatory submissions of its experimental treatment for moderate-to -severe rheumatoid arthritis.

Miner Anglo American tumbled 3.3 percent after reporting flat third-quarter production.

Energy-services company Hunting Plc added 1.5 percent after posting improved performance in the third quarter.

Energy giant Shell rallied 3.5 percent after profits more than doubled between July and September.

Lloyds Banking Group gave up 1.6 percent after profits at the bank dropped by 26 percent in the three months to September.

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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Wednesday, following the positive cues from global markets overnight, as optimism about a few interest rate cuts by the US Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the US administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | 6h 20min ago
Australian Market Trims Gains In Mid-market

Australian Market Trims Gains In Mid-market

The Australian stock market is trimming its gains in mid-market trading on Wednesday, but extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in financial and technology stocks.
RTTNews | 6h 49min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving a tad above the 39,600 level, with gains in index heavyweights, exporters and technology stocks.
RTTNews | 7h 14min ago
Thai Shares Expected To Open To The Upside On Wednesday

Thai Shares Expected To Open To The Upside On Wednesday

The Thai stock market on Tuesday halted the three-day slide in which it had slipped slipping more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it may open in the green again on Wednesday.
RTTNews | 7h 30min ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving well above the 8,400 level, following the broadly positive cues from global markets overnight, with gains in gold miners, financial and technology stocks.
RTTNews | 7h 57min ago
Indonesia Bourse May Reclaim Support At 7,200 Points

Indonesia Bourse May Reclaim Support At 7,200 Points

The Indonesia stock market has climbed higher in five straight sessions, advancing more than 220 points or 3 percent along the way. The Jakarta Composite Index now sits just above the 7,180-point plateau and it's likely to see additional support on Wednesday. The global forecast for the Asian markets is positive on renewed optimism about the outlook for interest rates. The European and U.S. markets were up and the Asian bourses are expected to follow that lead.
RTTNews | 8h 0min ago
Hong Kong Bourse Tipped To Extend Winning Streak

Hong Kong Bourse Tipped To Extend Winning Streak

The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span. The Hang Seng now sits just above the 20,100-point plateau and it's got another strong lead for Wednesday's trade.
RTTNews | 8h 15min ago
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