FTSE 100 Opens Higher On Firm Global Cues

RTTNews | 827 days ago
Stocktwits
FTSE 100 Opens Higher On Firm Global Cues

(RTTNews) - U.K. stocks opened higher on Monday, with a strong rally on Wall Street Friday and gains across Asian markets boosting investor sentiment.

The benchmark FTSE 100 was up 14 points, or 0.2 percent, at 7,782 after closing 0.3 percent higher on Friday.

Dignity Plc shares soared 8.5 percent. The funeral service provider said it would be acquired by a consortium comprising investment firms SPWOne V Ltd, Castelnau Group (CGL.L) and Phoenix Asset Management Partners.

Infrastructure group Balfour Beatty gained 1 percent after it secured a 1.2 billion pounds contract from National Highways to deliver the 'Roads North of the Thames' package of works for the proposed Lower Thames Crossing.

Public transport provider National Express Group jumped 5.5 percent. The company said that its unit National Express Rail GmbH has won a 1 billion euros worth contract for rail operations in Germany.

Saga rallied 2.5 percent. The over-50's travel operator said it is seeking buyers for its in-house insurance underwriting business.

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European Economic News Preview: Eurozone Economic Sentiment Due

European Economic News Preview: Eurozone Economic Sentiment Due

Economic sentiment and monetary aggregates from the euro area and consumer sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the market research group GfK publishes German consumer sentiment survey results. The confidence index is forecast to fall to -25.6 in May from -24.5 in April.
RTTNews | 53 minutes ago
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday. The NZ dollar rose to a 4-day high of 0.5987 against the U.S. dollar, from yesterday's closing value of 0.5971.
RTTNews | 1h 4min ago
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Tuesday as investors watch the latest developments on trade talks and await cues from some big U.S. tech companies.
RTTNews | 1h 14min ago
Sensex, Nifty Fluctuate In Lackluster Trade

Sensex, Nifty Fluctuate In Lackluster Trade

Indian shares fluctuated in early trade on Tuesday, tracking muted cues from global markets as investors looked for signs of progress on the global trade front.
RTTNews | 2h 25min ago
Australian Market Strongly Adds To Early Gains In Mid-market

Australian Market Strongly Adds To Early Gains In Mid-market

The Australian stock market is strongly extending its early modest gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,000 mark, with gains across most sectors led by iron ore miners, technology and energy stocks.
RTTNews | 3h 27min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders remain optimistic and keep a close eye on developments on the tariff front, with US Treasury Secretary Scott Bessent reportedly said he believes an agreement in principle can reached on "17 or 18 important trade deals" the administration is currently negotiating.
RTTNews | 3h 51min ago
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