FTSE 100 Slides As Energy Stocks Drag
(RTTNews) - U.K. stocks declined on Tuesday as falling crude oil prices amid signs of easing tensions in the Middle East weighed on the energy sector.
The benchmark FTSE 100 dropped 40 points, or half a percent, to 8,317 after gaining 0.6 percent the previous day.
BP Plc fell 1.8 percent and Shell lost 2.1 percent as crude oil prices hit two-week lows on growing hopes for Israel-Hamas ceasefire.
Miner Antofagasta was marginally lower after pretax profit declined in line with market expectations in the first six months of the year.
Weir Group traded lower despite securing a £53m contract to supply sustainable mining solutions to Barrick Gold's Reko Diq copper-gold project in Balochistan.
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European Shares Set To Follow Asian Peers Higher
European stocks look set to open on a positive note Friday as trading resumes after Christmas holidays.
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7h 45min ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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8h 11min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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8h 24min ago
Sensex, Nifty Modestly Higher In Early Trade
Indian shares opened flat to slightly higher on Friday amid muted cues from global markets as 2024 draws to a close
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8h 48min ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders continue to be optimistic about more interest rate cuts by the U.S. Fed next year. They also remain reluctant to make significant moves at the end of the holiday shortened week to start fresh next week. Asian markets ended mixed on Thursday.
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9h 32min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Friday, but adding to the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by mining and technology stocks.
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10h 24min ago
Sensex, Nifty Set For Muted Start
Indian shares are seen opening on a muted note Friday following a lackluster session on Wall Street overnight and mixed cues from other Asian markets this morning.
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10h 34min ago
Japanese Market Significantly Higher
Adding to the gains in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 39,900 level, with gains across most sectors led by index heavyweights and technology stocks as traders reacted positively to a slew of domestic economic data.
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10h 59min ago
