Mining Stocks Lift FTSE 100

RTTNews | Pred 688 dňami
Mining Stocks Lift FTSE 100

(RTTNews) - FTSE 100 of the London Stock Exchange gained, helped by gains in the mining sector. Positive economic data updates from China as well as upbeat corporate earnings also supported sentiment.

Earlier, data showed the unemployment rate rise to 3.8 percent in February. Markets were expecting the same to be steady at 3.7 percent. The number of people claiming for unemployment benefits also increased by 28.2 thousand in the month of March.

FTSE 100 oscillated between 7,884.59 and 7,907.22 versus the previous day's closing level of 7,879.51.

The benchmark index of the London Stock Exchange is currently trading at 7,885.09, up 0.07 percent on an overnight basis.

In the 100-scrip index, 41 are trading in the overnight red zone.

Entain surged 5.5 percent after reporting higher gaming revenues. Anglo American added 3.3 percent. Fresnillo, Flutter Entertainment, Antofagasta, Glencore and Burberry Group, all added more than 2 percent.

Centrica shed 2.5 percent. GSK and Compass Group, both lost close to 1.5 percent.

The Dollar's retreat lifted the GBP/USD pair to 1.2437, up 0.51 percent on an overnight basis. The Dollar Index meanwhile decreased 0.42 percent to 101.68.

Yields on U.K.'s ten-year bonds rose 1.11 percent to 3.7310% from the previous close of 3.69%.

read more
Oil Futures Settle Slightly Higher

Oil Futures Settle Slightly Higher

Oil futures settled slightly higher on Thursday after some wild swings amid uncertainty about the outlook for oil demand, and on possible excess supply in the market.
RTTNews | Pred 6 h 5 min
U.S. Dollar Weakens As Tariff Concerns Ease

U.S. Dollar Weakens As Tariff Concerns Ease

The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
RTTNews | Pred 6 h 57 min
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland market ended weak on Thursday, after languishing in negative territory right through the day's session as worries about global growth due to stringent tariffs by the U.S. on imports from Canada and Mexico rendered the mood a bit bearish.
RTTNews | Pred 7 h 45 min
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Thursday as investors reacted to quarterly earnings updates and the European Central Bank's rate cut decision, while continuing to follow the developments on the tariff front.
RTTNews | Pred 8 h 21 min
ECB Lowers Rates, EZ Growth Outlook Amid Rising Uncertainty; Signals Pause Ahead

ECB Lowers Rates, EZ Growth Outlook Amid Rising Uncertainty; Signals Pause Ahead

The European Central Bank cut its key interest rates for the fifth policy session in a row and also lowered the growth forecast for the euro area mainly due to prospects of weak exports and investment in the backdrop of high trade uncertainty amid the tariffs war, and signaled a pause in the easing cycle as policy is now deemed less restrictive.
RTTNews | Pred 10 h 48 min
U.S. Wholesale Inventories Climb Slightly More Than Expected In January

U.S. Wholesale Inventories Climb Slightly More Than Expected In January

A report released by the Commerce Department on Thursday showed wholesale inventories in the U.S. increased by slightly more than expected in the month of January. The Commerce Department said wholesale inventories climbed by 0.8 percent in January after falling by a revised 0.4 percent in February.
RTTNews | Pred 11 h 19 min
U.S. Labor Productivity Jumps More Than Previously Estimated In Q4

U.S. Labor Productivity Jumps More Than Previously Estimated In Q4

Labor productivity in the U.S. grew by more than previously estimated in the fourth quarter of 2024, according to a report released by the Labor Department on Thursday. The report said labor productivity shot up by 1.5 percent in the fourth quarter compared to the previously reported 1.2 percent jump. Economists had expected the increase in labor productivity to be unrevised.
RTTNews | Pred 11 h 47 min