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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Japanese Market Notably Lower
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Indonesia Shares May Bounce Higher 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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