FTSE 100 Gains On Earnings

RTTNews | 201 days ago
Stocktwits
FTSE 100 Gains On Earnings

(RTTNews) - U.K. stocks traded higher on Thursday as investors cheered strong earnings from the likes of Shell and Standard Chartered.

The U.K.'s FTSE 100 rose 27 points, or 0.3 percent, to 8,148 after declining 0.3 percent the previous day.

Standard Chartered jumped 5.4 percent after the lender clocked a stronger-than-expected first-quarter profit on the back of higher interest rates and growth in its wealth management business.

Peer Lloyds Banking Group rose about half a percent while Barclays and NatWest were slightly lower.

Shell rose 1.2 percent. The energy major launched a $3.5 billion share buyback program after beating first-quarter profit estimates.

Smurfit Kappa shares rallied 4.2 percent after the packaging producer reported robust first-quarter revenue of €2.7bn.

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Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

The Hong Kong stock market has climbed higher in two straight sessions, rallying more than 235 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 19,660-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 5h 10min ago
China Shares May Extend Tuesday's Gains

China Shares May Extend Tuesday's Gains

The China stock market on Tuesday halted the three-day slide in which it had stumbled almost 120 points or 3.7 percent. The Shanghai Composite now sits just beneath the 3,350-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 5h 25min ago
Taiwan Bourse May Reclaim 23,000-Point Level

Taiwan Bourse May Reclaim 23,000-Point Level

The Taiwan stock market has ventured higher in two of three trading days since the end of the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just beneath the 22,850-point plateau and it may see additional support on Wednesday.
RTTNews | 5h 55min ago
Singapore Stock Market Tipped To Open In The Green

Singapore Stock Market Tipped To Open In The Green

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RTTNews | 6h 25min ago
Rebound Predicted For Malaysia Stock Market

Rebound Predicted For Malaysia Stock Market

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RTTNews | 6h 55min ago
Win Streak May Continue For South Korea Shares

Win Streak May Continue For South Korea Shares

The South Korea stock market has finished higher in two straight sessions, advancing more than 55 points or 2.3 percent along the way. The KOSPI now sits just above the 2,470-point plateau and it may add to its winnings again on Wednesday.
RTTNews | 7h 25min ago
TSX Ends Marginally Higher As Stocks Pare Early Losses

TSX Ends Marginally Higher As Stocks Pare Early Losses

Canadian stocks tumbled Tuesday morning, hurt by hot inflation data and escalating geopolitical tensions, but recovered gradually to eventually end the day's session on a slightly positive note.
RTTNews | 7h 45min ago
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