FTSE 100 Gains Ahead Of GDP Data

RTTNews | 133 days ago
Stocktwits
FTSE 100 Gains Ahead Of GDP Data

(RTTNews) - U.K. stocks rose on Monday as investors await the release of key U.S. inflation and U.K. GDP data this week for directional cues.

Meanwhile, the chief data officer of Britain's Conservative Party has reportedly taken a leave of absence amid growing allegations over bets placed on the date of the general election.

The benchmark FTSE 100 was up 44 points, or half a percent, at 8,282 after finishing 0.4 percent lower on Friday.

Prudential shares surged 5.5 percent after the insurer launched a $2 billion share buyback program.

Britvic jumped 8 percent as Carlsberg AS secured the agreement of PepsiCo Inc for a potential £3.1 billion ($3.9 billion) takeover of the British soft drinks manufacturer.

GSK rose more than 1 percent after Japan approve its Omjjara (momelotinib) for the treatment of myelofibrosis.

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remained cautious and seemed reluctant to make significant moves ahead of the closely contested US presidential election later in the day and the US Fed's upcoming interest rate decision later this week. Asian markets closed mostly higher on Monday.
RTTNews | 5h 32min ago
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher in post-holiday trading on Tuesday, reversing the losses in the previous two sessions, with the Nikkei 225 moving above the 38,500 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by exporters and technology stocks.
RTTNews | 6h 11min ago
Sensex, Nifty May See Cautious Start As Oil Prices Climb

Sensex, Nifty May See Cautious Start As Oil Prices Climb

Indian shares may open on a cautious note Tuesday, mirroring weak cues from global markets ahead of major global events taking place all through the week, from the presidential election outcome in the U.S. to the Federal Reserve's commentary on the future trajectory of interest rates.
RTTNews | 6h 15min ago
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