FTSE 100 Edges Higher On Earnings Boost

RTTNews | 762 дней спустя
FTSE 100 Edges Higher On Earnings Boost

(RTTNews) - U.K. stocks eked out modest gains on Thursday after clothing retailer Next Plc raised its pre-tax profit forecast for the current year, defying gloom about weakening consumption and the U.K.'s cost-of-living crisis.

Next Plc shares jumped 7.5 percent, while the benchmark FTSE 100 was up 23 points, or 0.3 percent, at 7,607.

Bakery chain Greggs gained about 1 percent after reporting strong double-digit growth in its fourth-quarter sales.

Galliford Try Holdings fell 1.5 percent. The construction group said it has won a £95mln contract to deliver a new prison facility at HMP Rye Hill, near Rugby in Warwickshire.

B&M European Value Retail advanced 1.3 percent. The variety discounter announced a special dividend after reporting an uptick in sales in its third quarter.

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South Korea Has $12.37 Billion Current Account Surplus

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Malaysia Bourse May Add To Its Gains On Thursday

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Japan Stock Market Tipped To Open In The Green On Thursday

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South Korea Shares May See Additional Support On Thursday

South Korea Shares May See Additional Support On Thursday

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Australia Trade Data Due On Thursday

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Australia will on Thursday release December data for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In November, imports were up 1.7 percent on month and exports rose 4.8 percent for a trade surplus of A$7.079 billion.
RTTNews | 6ч 15мин назад
Dollar Stays Weak, Sheds Ground Against Major Counterparts

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The U.S. dollar stayed weak against most of its major counterparts on Wednesday amid tensions between the U.S. and China, and potential tariffs on imports from some major trading partners of the U.S.
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