FTSE 100 Holds Steady; Mining And Energy Stocks Gain
(RTTNews) - U.K. stocks were marginally higher on Monday as higher commodity prices boosted mining and energy stocks.
The British pound weakened amid strength in the dollar, but remained above the $1.30 level.
The benchmark FTSE 100 was marginally higher at 8,364 after declining 0.3 percent on Friday.
Miners Anglo American, Antofagasta and Glencore were up between half a percent and 1.2 percent.
Energy giant BP Plc rose nearly 2 percent and peer Shell added 1.1 percent.
FirstGroup rose 1.3 percent after confirming the acquisition of coach company Anderson Travel.
Hollywood Bowl rallied 2.5 percent. The ten-pin bowling operator said it expects to beat market forecasts for adjusted earnings in fiscal 2024.
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Sensex, Nifty End Slightly Lower In Volatile Trade
Indian shares ended slightly lower on Monday as investors reacted to mixed earnings results and weighed the possible impact of the U.S. presidential elections on the Indian stock market.
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5h 1min ago
UK House Price Growth Weakens: Rightmove
UK house prices increased at a below seasonal average pace in October due to the rise in buyer choice and increasing seller competition, property website Rightmove said Monday. House prices grew 0.3 percent month-on-month in October, which was much lower than the average seasonal 1.3 percent increase at this time of year. Prices had increased 0.8 percent in September.
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5h 14min ago
European Shares Lack Direction In Cautious Trade
European stocks were little changed on Monday, even as higher commodity prices boosted mining and energy stocks.
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6h 1min ago
CAC 40 Drifts Lower Amid Lack Of Major Catalysts
French stocks traded lower on Monday and the euro was under pressure in the absence of high-tier data releases.
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6h 26min ago
DAX Slips Into Red In Lackluster Trade
German stocks were subdued on Monday as investors looked ahead to a slew of earnings results and more economic data this week for directional cues.
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6h 37min ago
Malaysia GDP Growth Slows In Q3
Malaysia's economy posted a slower growth in the third quarter on a contraction in mining and slower growth in services output, official data revealed Monday. Gross domestic product grew 5.3 percent on a yearly basis in the third quarter after rising 5.9 percent in the previous quarter, advance estimates from Department of Statistics showed.
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6h 44min ago
Asian Shares Mixed After China Rate Cut
Asian stocks turned in a mixed performance on Monday as China's central bank once again cut interest rates and the country's banks slashed borrowing costs to combat the country's stubborn economic slump.
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6h 49min ago
European Shares Poised For Mixed Open
European stocks are likely to open on a mixed note Monday as investors ponder over the health of the U.S. and Chinese economies and await a slew of corporate results for directional cues.
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9h 57min ago
