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FTSE 100 Declines As Commodity Stocks Drag
(RTTNews) - U.K. stocks fell on Monday as lower commodity prices amid worries about slowing global growth weighed on commodity stocks.
Meanwhile, U.K. house price growth eased in April, Rightmove said in a report.
On a monthly basis, average asking prices rose by 0.2 percent, down from 0.8 percent growth in March and the average of 1.2 percent growth at this time of year.
The benchmark FTSE 100 was down 9 points, or 0.1 percent, at 7,904 after closing 0.2 percent higher on Friday.
Oil & gas firm BP Plc dropped 0.7 percent and Shell declined about 1 percent as oil prices fell over 1 percent on concerns about fuel demand.
In the mining sector, Glencore lost 1.2 percent and Anglo American was little changed.
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The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
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4 ชม. 27 นาทีที่ผ่านมา
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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4 ชม. 48 นาทีที่ผ่านมา
Sensex, Nifty Tad Higher In Early Trade
Indian shares opened on a positive note Monday despite mixed cues from global markets.
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5 ชม. 2 นาทีที่ผ่านมา
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid prospects of the US Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
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5 ชม. 51 นาทีที่ผ่านมา
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market trading on Monday, reversing some of the losses in the previous four sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to well above the 7,950.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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6 ชม. 32 นาทีที่ผ่านมา
Sensex, Nifty To Open On Muted Note
Indian shares look set to open on a flat note Monday after Federal Reserve Chair Jerome Powell said the U.S. central bank is "well positioned to wait for greater clarity" about the impact of President Trump's policy changes.
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6 ชม. 45 นาทีที่ผ่านมา
Additional Support Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,200-point plateau and it may add to its winnings on Monday.
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7 ชม. 20 นาทีที่ผ่านมา
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has finished higher in three straight sessions, improving more than 350 points or 5.4 percent along the way. The Jakarta Composite Index now sits just above the 6,635-point plateau and it may extend its gains on Monday.
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7 ชม. 50 นาทีที่ผ่านมา
