FTSE 100 Holds Steady; Mining And Energy Stocks Gain
(RTTNews) - U.K. stocks were marginally higher on Monday as higher commodity prices boosted mining and energy stocks.
The British pound weakened amid strength in the dollar, but remained above the $1.30 level.
The benchmark FTSE 100 was marginally higher at 8,364 after declining 0.3 percent on Friday.
Miners Anglo American, Antofagasta and Glencore were up between half a percent and 1.2 percent.
Energy giant BP Plc rose nearly 2 percent and peer Shell added 1.1 percent.
FirstGroup rose 1.3 percent after confirming the acquisition of coach company Anderson Travel.
Hollywood Bowl rallied 2.5 percent. The ten-pin bowling operator said it expects to beat market forecasts for adjusted earnings in fiscal 2024.
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New Zealand Slashes Key Interest Rate By 50 Bps
The Reserve Bank of New Zealand reduced its benchmark interest rate by 50 basis points on Wednesday, as inflation moved close to the midpoint of the target range and economic output remains below its potential. The Monetary Policy Committee governed by Adrian Orr decided to reduce the Official Cash Rate to 4.25 percent from 4.75 percent.
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Sensex, Nifty Marginally Lower In Early Trade; PSU Stocks Outperform
Indian shares struggled for direction in early trade on Wednesday, tracking mixed cues from other Asian markets as uncertainty prevails over Trump's tariff plans.
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6 h 19 min atrás
Asian Markets Mixed Amid Cautious Trades
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7 h 15 min atrás
Sensex, Nifty Likely To Open On Steady Note
Indian shares look set to open on a steady note Wednesday as Middle East tensions abated, and the dollar index slid in international markets amid uncertainty over Trump's tariff plans.
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8 h 2 min atrás
Japanese Market Notably Lower
The Japanese stock market is trading notably lower on Wednesday, adding to the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks.
RTTNews
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8 h 23 min atrás
Thai Stock Market Poised To Snap Losing Streak
The Thai stock market has moved lower in two straight sessions, slipping more than 8 points or 0.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,440-point plateau although it's due for support on Wednesday.
RTTNews
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8 h 34 min atrás
Indonesia Shares May Bounce Higher Again On Wednesday
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau although it's expected to open to the upside again on Wednesday.
RTTNews
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9 h 4 min atrás
