FTSE 100 Little Changed As Commodity Stocks Drag

RTTNews | 56 days ago
Stocktwits
FTSE 100 Little Changed As Commodity Stocks Drag

(RTTNews) - U.K. stocks were subdued on Wednesday as commodity-related shares declined on concerns about weakening U.S. and Chinese growth.

The benchmark FTSE 100 was marginally lower at 8,338 after rising 0.2 percent on Tuesday.

Miners Anglo American, Antofagasta and Glencore fell 1-3 percent as metals prices declined on demand concerns.

Hochschild Mining plunged nearly 5 percent despite posting strong first-half results on higher output and prices.

Energy giant BP Plc dropped half a percent and Shell gave up 1 percent.

GSK advanced 1.7 percent after a U.S. court decided to review whether evidence supporting claims that heartburn drug Zantac causes cancer is scientifically sound.

Insurer Prudential added 2 percent after half-year results surpassed in several key areas.

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More Pain Predicted For Thai Stock Market

More Pain Predicted For Thai Stock Market

Ahead of Wednesday's holiday for Chulalongkorn Day, the Thai stock market had tracked lower in three straight sessions, slipping almost 25 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,470-point plateau and it's expected to open under water again on Thursday.
RTTNews | 4h 16min ago
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday after opening in the red, adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay above the 8,200 level, with gains in some energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | 4h 40min ago
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the eight-day winning streak in which it had surged more than 300 points or 4.1 percent. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and the losses may accelerate on Thursday.
RTTNews | 4h 46min ago
Rally May Stall For Hong Kong Stock Market

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 280 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 20,760-point plateau although it may spin its wheels on Thursday.
RTTNews | 5h 1min ago
China Stock Market Tipped To Open In The Red On Thursday

China Stock Market Tipped To Open In The Red On Thursday

The China stock market has finished higher in four straight sessions, gathering more than 135 points or 4 percent along the way. The Shanghai Composite now sits just above the 3,300-point plateau although the rally may stall on Thursday.
RTTNews | 5h 16min ago
Taiwan Stock Market May Extend Losing Streak

Taiwan Stock Market May Extend Losing Streak

The Taiwan stock market has moved lower in back-to-back sessions, shedding more than 200 points or 0.9 percent along the way. The Taiwan Stock Exchange now rests just above the 23,330-point plateau and it may take further damage again on Thursday.
RTTNews | 5h 46min ago
Singapore Shares May Head South Again On Thursday

Singapore Shares May Head South Again On Thursday

The Singapore stock market on Wednesday snapped the two-day slide in which it had dropped more than 50 points or 1.4 percent. The Straits Times Index now sits just above the 3,600-point plateau although it may see renewed selling pressure on Thursday.
RTTNews | 6h 16min ago
Continued Consolidation Called For Malaysia Stock Market

Continued Consolidation Called For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, slipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,640-point plateau and it may take further damage again on Thursday.
RTTNews | 6h 46min ago
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