FTSE 100 Rises As GDP Beats Forecasts
(RTTNews) - U.K stocks rose notably on Friday as data showed the British economy unexpectedly grew in November.
GDP grew 0.1 percent in the month as food and drink businesses benefited from the FIFA World Cup.
The benchmark FTSE 100 climbed 47 points, or 0.6 percent, to 7,838 after climbing 0.9 percent in the previous session.
Miners extended recent gains, with Antofagasta and Glencore rising about 2 percent each after China's exports and imports figures came in above forecasts.
Banks Standard Chartered and HSBC Holdings rallied 1-2 percent.
Housebuilder Taylor Wimpey rose half a percent after saying it is planning job cuts to keep a lid on costs.
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Asian Markets Trade Mostly Higher
Asian markets are mostly higher on Friday, following the mixed from Wall Street overnight, as traders seemed cautious and reluctant to make significant moves ahead of the release of the closely watched monthly US jobs report later in the day for cues on the outlook for interest rates. They also await US President Donald Trump's next move on trade curbs ahead of China's tariff deadline next week.
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5s 49 dakika önce
Australian Market Treads Back In To The Red In Mid-market
The Australian stock market is slightly lower in choppy trading in mid-market moves on Friday after opening in the red and briefly moving in to the green, snapping the three-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,500 level, with a mixed performance across most sectors. Energy stocks are the only weak spot.
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6s 19 dakika önce
Sensex, Nifty To Open On Cautious Note; RBI Policy Outcome Eyed
Indian shares are likely to open on a cautious note Friday as investors react to muted cues from Asian markets and await the RBI's interest-rate decision later in the day for direction.
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6s 37 dakika önce
Thai Stock Market Expected To Halt Losing Streak
The Thai stock market has finished lower in seven straight sessions, plummeting more than 85 points or 6.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau and it's overdue for support on Friday.
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7s 11 dakika önce
Indonesia Stock Market Due For Support On Friday
The Indonesia stock market has finished lower in consecutive trading days, stumbling almost 190 points or 2.8 percent in that span. The Jakarta Composite Index now sits just above the 6,875-point plateau although it may stop the bleeding on Friday.
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7s 41 dakika önce
Japanese Market Notably Lower
Giving up some of the gains in the previous three sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 38,900 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
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7s 45 dakika önce
Hong Kong Shares Tipped To Open To The Upside On Friday
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had advanced almost 525 points or 2.6 percent. The Hang Seng Index now rests just beneath the 20,900-point plateau and it's expected to open in the green again on Friday.
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7s 56 dakika önce
China Shares May Crack 3,300-Point Barrier
The China stock market on Thursday snapped the two-day losing streak in which it had slumped more than 30 points or 1 percent. The Shanghai Composite Index now rests just above the 3,270-point plateau and it may see additional support on Friday.
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8s 11 dakika önce
