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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Sensex, Nifty Modestly Higher In Cautious Trade
Indian shares opened on a positive note Thursday as investors cheered a soft U.S. inflation print and upbeat earnings from the likes of JPMorgan Chase, BlackRock, Goldman Sachs and Citigroup.
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5h 48min ago
Asian Markets A Sea Of Green
Asian stock markets are a sea of green on Thursday, following the broadly positive cues from Wall Street overnight, after data showing a slowdown in the annual rate of core consumer prices growth in the U.S. in December helped ease concerns about US Fed's interest rate trajectory. The currencies in the region also strengthened against the US dollar. Asian Markets closed mostly lower on Wednesday.
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6h 55min ago
Australian Market Trims Early Strong Gains In Mid-market
The Australian stock market slightly trims early strong gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level, with gains is gold miners, technology and financial stocks.
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7h 34min ago
Sensex, Nifty Set To Follow Global Peers Higher As US Inflation Cools
Indian shares look set to follow global peers higher on Thursday as investors react to lower-than-expected U.S. core inflation data for December and strong earnings reports from major U.S. banks.
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7h 35min ago
Thai Shares Tipped To Open In The Green
The Thai stock market on Wednesday ended the two-day losing streak in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,350-point plateau and it's expected to open to the upside again on Thursday.
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8h 17min ago
Indonesia Stock Market May Add To Its Winnings
The Indonesia stock market on Wednesday ended the two-day slide in which it had slumped more than 130 points or 1.8 percent. The Jakarta Composite Index now sits just beneath the 7,080-point plateau and it may extend its gains on Thursday.
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8h 47min ago
Further Upside Seen For Hong Kong Stock Market
The Hong Kong stock market has moved higher in consecutive trading days, collecting more than 400 points or 2.1 percent along the way. The Hang Seng Index now sits just beneath the 19,300-point plateau and it may add to its winnings on Thursday.
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9h 2min ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Thursday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains across most sectors led by index heavyweights and technology stocks.
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9h 6min ago
