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FTSE 100 Little Changed In Lackluster Trade

RTTNews | 66 days ago

FTSE 100 Little Changed In Lackluster Trade

(RTTNews) - U.K. stocks were little changed on Wednesday as investors reassessed the ability of China's stimulus to boost demand.

The benchmark FTSE 100 was marginally higher at 8,287 after closing up 0.3 percent on Tuesday.

Mining stocks traded mixed, while energy giants BP Plc and Shell were down around half a percent each.

Property website Rightmove fell about 1 percent after its board unanimously turned down a revised takeover offer from Australia's REA Group, saying the increased proposal continues to be unattractive and materially undervalues the company and its future prospects.

Avingtrans, a provider of engineered products and services, was down 0.6 percent after it reported a decline in preliminary earnings for the full year.

LondonMetric Property was marginally higher after acquiring Urban Logistics portfolio for 78 million pounds from a FSTE 100 pension fund.

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TSX Hits New Record High Again, Ends 0.41% Up

TSX Hits New Record High Again, Ends 0.41% Up

The Canadian market posted a record closing high for the third consecutive day as technology stocks climbed higher on strong buying interest on Friday.

RTTNews | 1 day ago

Dollar Drifts Lower Against Major Currencies

Dollar Drifts Lower Against Major Currencies

The U.S. dollar shed ground against its major counterparts on Friday as the yield on long-term Treasury Notes dropped. Also, with investors choosing to pick up riskier assets such as equities, the dollar struggled for support almost right through the day's session.

RTTNews | 1 day ago

India GDP Growth Slowest In 7 Quarters On Weak Manufacturing

India GDP Growth Slowest In 7 Quarters On Weak Manufacturing

The Indian economy expanded at the slowest pace in seven quarters during the three months to September as the stronger performance of the services sector was offset by the sluggishness in manufacturing and mining industries, preliminary data from the statistics ministry showed on Friday.

RTTNews | 1 day ago

Swiss Market Ends Higher After Choppy Session

Swiss Market Ends Higher After Choppy Session

The Switzerland market closed on a positive note on Friday after a choppy session, as investors assessed the region's economic data and continued to closely follow the developments on the geopolitical front.

RTTNews | 1 day ago

European Markets Close On Firm Note

European Markets Close On Firm Note

European stocks closed higher on Friday amid expectations of further rate cuts by central banks despite data showing an acceleration in eurozone inflation. Investors also digested French GDP data and Germany's retails sales and unemployment data.

RTTNews | 1 day ago

Canadian Market Continues To Climb Higher; TSX Up Modestly At Noon

Canadian Market Continues To Climb Higher; TSX Up Modestly At Noon

The Canadian market has moved on to a new record high on Friday, lifted by gains in technology, industrials and materials sectors, as investors continue to remain optimistic about more interest rate reductions by the central bank.

RTTNews | 1 day ago

Eurozone Inflation Accelerates To 2.3%

Eurozone Inflation Accelerates To 2.3%

Euro area inflation climbed for a second straight month in November, while the core figure was unchanged, making way for a cautious interest rate cut by the European Central Bank next month.

RTTNews | 1 day ago

Pound Weakens Despite BoE's Slower Rate Cut Prospects

Pound Weakens Despite BoE's Slower Rate Cut Prospects

The pound was lower against its major counterparts in the New York session on Friday, as the U.S. dollar rebounded after the Thanksgiving holiday.

RTTNews | 1 day ago

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