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FTSE 100 Little Changed As Commodity Stocks Drag
(RTTNews) - U.K. stocks were little changed on Wednesday as energy stocks fell after a sharp decline in oil prices overnight.
The benchmark FTSE 100 was marginally higher at 7,563 after climbing 1.4 percent in the previous session.
Oil & gas firm BP Plc lost 3 percent and Shell declined 2.7 percent as oil prices fell nearly 2 percent in European trade, after having fallen more than 4 percent in the U.S. trading session amid a deteriorating fuel demand outlook in China.
Miners Anglo American and Antofagasta both fell around 1 percent while commodity trading and mining firm Glencore lost nearly 5 percent.
Banks HSBC Holdings and Barclays rose around 1 percent each on expectations that they would benefit from higher interest rates.
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Singapore Bourse Expected To Halt Losing Streak On Wednesday
The Singapore stock market has moved lower in four straight sessions, slumping more than 25 points or 0.7 percent in that span. The Straits Times Index now sits just above the 3,805-point plateau although it's due for support on Wednesday.
RTTNews
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19 dakika önce
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Tuesday snapped the four-day winning streak in which it had gathered more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,515-point plateau although it figures to bounce higher again on Wednesday.
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49 dakika önce
Japan Market May Crack Resistance At 36,000 Points
Ahead of Tuesday's holiday for Showa Day, the Japanese stock market had finished higher in four straight sessions, collecting almost 1,650 points or 4.6 percent along the way. The Nikkei 225 now sits just beneath the 35,840-point plateau and it's got a solid lead for Wednesday's trade.
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1s 4 dakika önce
South Korea Industrial Output Jumps 5.3% On Year In March
Industrial production in South Korea was up 5.3 percent on year in March, Statistics Korea said on Wednesday - beating forecasts for a gain of 3.3 percent following the 7.1 percent jump in February.
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1s 10 dakika önce
Higher Open Predicted For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, collecting more than 40 points or 1.7 percent in that span. The KOSPI now sits just above the 2,565-point plateau and it's expected to open to the upside again on Wednesday.
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1s 19 dakika önce
Japan Data Due On Wednesday
Japan is scheduled to release a batch of data on Wednesday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for industrial production, retail sales, construction orders and housing starts, as well as February results for the leading and coincident indexes.
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2s 14 dakika önce
Swiss Franc Recovers Against Most Majors
The Swiss franc recovered against its most major counterparts in the New York session on Tuesday.
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4s 38 dakika önce
Pound Falls Against Most Majors
The pound fell against its most major counterparts in the New York session on Tuesday.
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6s 27 dakika önce
