FTSE 100 Little Changed; GSK Shares Surge Over 5%
(RTTNews) - U.K. stocks were little changed on Thursday despite a closely watched gauge of U.K. house prices turning positive for the first time in almost two years, boosted by expectations of more interest rate cuts by the Bank of England.
The benchmark FTSE 100 was marginally lower at 8,238 ahead of key U.S. CPI report due later in the day.
GSK jumped 5.5 percent after the drug maker agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts.
BAE Systems was marginally higher after receiving a $184 million contract modification to produce an additional 48 Armored Multi-Purpose Vehicles (AMPV) for the U.S. Army.
Direct Line Insurance rose half a percent after appointing Jane Poole as its Group CFO and Executive Director.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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10h 5min ago
Eurozone Economic Confidence Rises Unexpectedly
Eurozone economic confidence rose unexpectedly in November on improving sentiment among industrial managers and retailers, survey results from the European Commission revealed on Thursday. The economic confidence index rose slightly to 95.8 in November from 95.7 in the previous month. The score was expected to fall to 95.1.
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10h 56min ago
Sensex Plunges 1,190 Points; Nifty Nears 23,900 On F&O Expiry
Indian shares ended sharply lower on Thursday after a modest start.
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11h 14min ago
European Markets Rebound Led By Technology Stocks
European shares rebounded on Thursday, with technology stocks rising after reports emerged that U.S. restrictions on sales of semiconductor technology and AI memory chips to China would not be as severe as previously expected.
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12h 31min ago
Asian Shares Mixed; Chinese And Hong Kong Markets Underperform
Asian stocks ended mixed in thin cautious trade on Thursday amid the Thanksgiving holiday in the U.S.
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13h 0min ago
Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the Asian session on Thursday.
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13h 7min ago
European Shares Set To Open On Firm Note
European stocks look set to open higher on Thursday, though trading volumes may remain thin due to the Thanksgiving Day holiday in the U.S.
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16h 4min ago
European Economic News Preview: German Flash Inflation Data Due
Flash consumer prices from Germany and Spain and monetary aggregates from the euro area are due on Thursday. At 3.00 am ET, Spain's INE releases flash consumer prices data for November. Inflation is expected to rise to 2.3 percent from 1.8 percent in October.
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16h 33min ago
