FTSE 100 Little Changed In Lackluster Trade

RTTNews | 109 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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Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is currently trading significantly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,200.00 level, with weakness in financial and technology stocks, partially offset by gains in mining and energy stocks amid spiking commodity prices.
RTTNews | 5h 6min ago
Hong Kong Shares Tipped To Open To The Downside

Hong Kong Shares Tipped To Open To The Downside

The Hong Kong stock market has finished lower in five straight sessions, retreating more than 700 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 19,060-point plateau and it's expected to extend its misery when it opens on Monday.
RTTNews | 5h 14min ago
Lower Open Anticipated For China Stock Market

Lower Open Anticipated For China Stock Market

The China stock market has moved lower in two straight sessions, slumping more than 60 points or 2 percent in that span. The Shanghai Composite Index now sits just beneath the 3,170-point plateau and it's expected to see continued consolidation again on Monday.
RTTNews | 5h 29min ago
Taiwan Shares Likely To Start Under Water On Monday

Taiwan Shares Likely To Start Under Water On Monday

The Taiwan stock market has moved lower in three straight sessions, dropping almost 650 points or 2.7 percent along the way. The Taiwan Stock Exchange now sits just above the 23,010-point plateau and it's got another soft lead for Monday's trade.
RTTNews | 5h 59min ago
Losing Streak May Continue For Singapore Stock Market

Losing Streak May Continue For Singapore Stock Market

The Singapore stock market has finished lower in back-to-back sessions, giving away more than 85 points or 2.2 percent along the way. The Straits Tines Index now rests just above the 3,800-point plateau and it may take further damage again on Monday.
RTTNews | 6h 29min ago
Malaysia Bourse May Give Up Support At 1,600 Points

Malaysia Bourse May Give Up Support At 1,600 Points

The Malaysia stock market on Friday ended the two-day losing streak in which it had dropped almost 30 points or 1.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to open under pressure again on Monday.
RTTNews | 6h 59min ago
Continued Consolidation Called For South Korea Shares

Continued Consolidation Called For South Korea Shares

The South Korea stock market on Friday wrote a finish to the five-day winning streak in which it had surged more than 120 points or 4.8 percent. The KOSPI now sits just above the 2,515-point plateau and the losses may accelerate on Monday.
RTTNews | 7h 29min ago
China Trade Data Due On Monday

China Trade Data Due On Monday

China will on Monday release December figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 8h 29min ago