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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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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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious ahead of the release of a key U.S. inflation measure, the Thanksgiving holiday in the U.S. and uncertainty over Trump's tariff plans. Markets were positive after Israel approved a US-brokered ceasefire agreement with Lebanon's Hezbollah.
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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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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.
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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.
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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.
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Australian Market Notably Higher
Australian stock market is trading notably higher on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving to a tad below the 8,400 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and energy stocks.
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Hang Seng May Add To Its Winnings On Wednesday
The Hong Kong stock market on Tuesday ended the three-day slide in which it had stumbled more than 550 points or 3 percent. The Hang Seng Index now sits just beneath the 19,160-point plateau and it may extend its gains on Wednesday.
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