FTSE 100 Inches Higher Led By Commodity Stocks

RTTNews | 9h 16phút trước
FTSE 100 Inches Higher Led By Commodity Stocks

(RTTNews) - U.K. stocks traded higher on Thursday, with commodity-related stocks leading the surge on optimism around more stimulus measures from Beijing.

The benchmark FTSE 100 was up 19 points, or 0.2 percent, at 8,321 after rising 0.3 percent the previous day.

Miners Anglo American, Antofagasta and Glencore rose between half a percent and 1 percent, while energy giants BP Plc and Shell rose about 1 percent each.

Bodycote, a provider of heat treatment and thermal processing services, was moving higher after an announcement that it intends to extend its existing 60 million pounds of share repurchase by a further 30 million pounds.

Specialist recruiter SThree plummeted 23 percent after warning of a sharp fall in profits.

Tech and electricals retailer Currys soared 12 percent after narrowing its first-half loss and backing full-year targets.

read more
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares may open on a mixed note on Thursday with investors looking for fresh direction, after the market closed the previous session on a firm note following the Bank of Canada's decision to cut interest rates by 50 basis points. Energy stocks may find support thanks to higher oil prices.
RTTNews | 5h 42phút trước
Target Offers Holiday Countdown Sale, Christmas Eve Delivery

Target Offers Holiday Countdown Sale, Christmas Eve Delivery

Discount retailer Target Corp. announced its Holiday Countdown Sale from December 12 through 14, and exclusive deals of up to 40% off through December 24. Further, Christmas Eve same-day delivery for orders are available for the last-minute holiday shoppers. The company is offering incredible same-day fulfillment options including straight to guests' home or to friends and family.
RTTNews | 6h 25phút trước
Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq.
RTTNews | 7h 24phút trước
Swiss Franc Falls On SNB's Surprise Rate Cut

Swiss Franc Falls On SNB's Surprise Rate Cut

The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc.
RTTNews | 8h 18phút trước
Swiss Central Bank Cuts Policy Rate By 50 Bps

Swiss Central Bank Cuts Policy Rate By 50 Bps

Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc. At the first policy meeting of Martin Schlegel as chairman, the policy rate was lowered to 0.50 percent from 1.00 percent. The new rate takes effect on December 13.
RTTNews | 8h 43phút trước