FTSE 100 Gains Led By Resource Stocks

RTTNews | 21 วันที่ผ่านมา
FTSE 100 Gains Led By Resource Stocks

(RTTNews) - U.K. stocks traded higher on Monday ahead of a busy week, with investors awaiting cues from a U.S. presidential election and interest rate decisions from the Federal Reserve and Bank of England.

The Bank of England meets on Thursday, and a 25-bps rate cut is widely expected. The benchmark FTSE 100 was up 42 points, or half a percent, at 8,219 after closing 0.8 percent higher on Friday.

Resources-linked shares were moving higher on the back of higher commodity prices. Miners Anglo American, Antofagasta and Glencore were up between 0.6 percent and 1.2 percent.

Energy giant BP Plc added 1.3 percent and peer Shell gained 1.2 percent as oil prices rose more than $1 on a decision by OPEC+ to delay by a month plans to increase output.

Burberry jumped nearly 5 percent following reports that Italy's Moncler could be considering making a bid for the luxury firm.

read more
Asian Markets Track Wall Street Higher

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, boosted by strong gains in markets in Japan, Indonesia and South Korea as traders remain optimistic about a 25-basis point rate cut by the US Fed in December after data showing consumer sentiment in the U.S. improved less than expected in November.
RTTNews | 6 ชม. 24 นาทีที่ผ่านมา
Sensex, Nifty Set For Gap-up Opening

Sensex, Nifty Set For Gap-up Opening

Indian shares may see a gap-up opening on Monday after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand.
RTTNews | 7 ชม. 22 นาทีที่ผ่านมา
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, adding to the gains in the previous session. The benchmark S&P/ASX 200 is moving above the 38,900 level, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by index heavyweights, financial and technology stocks after recent data showed headline inflation slowing to a nine-month low.
RTTNews | 7 ชม. 32 นาทีที่ผ่านมา
Thai Stock Market Expected To Open In The Green On Monday

Thai Stock Market Expected To Open In The Green On Monday

The Thai stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,445-point plateau and it's tipped to open to the upside again on Monday.
RTTNews | 7 ชม. 53 นาทีที่ผ่านมา
Indonesia Stock Market May Add To Its Winnings On Monday

Indonesia Stock Market May Add To Its Winnings On Monday

The Indonesia stock market on Friday ended the two-day losing streak in which it had slumped almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it's expected to open in the green again on Monday.
RTTNews | 8 ชม. 23 นาทีที่ผ่านมา
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,400.00 level, with gains across most sectors led by mining, energy and technology stocks. Financial stocks are the only weak spot.
RTTNews | 8 ชม. 37 นาทีที่ผ่านมา
Hong Kong Shares Due For Support On Monday

Hong Kong Shares Due For Support On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday.
RTTNews | 8 ชม. 38 นาทีที่ผ่านมา
China Stock Market May Cut Into Friday's Losses

China Stock Market May Cut Into Friday's Losses

The China stock market on Friday halted the three-day winning streak in which it had advanced more than 35 points or 1 percent. The Shanghai Composite now sits just beneath the 3,270-point plateau although it's likely to make back some of that on Monday.
RTTNews | 8 ชม. 53 นาทีที่ผ่านมา