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FTSE 100 Marginally Higher As Energy Stocks Surge
(RTTNews) - U.K. stocks were marginally higher on Wednesday, with energy stocks leading the surge as oil extended an overnight rally on concerns that Middle East tensions could escalate and potentially disrupt crude output from the region.
The benchmark FTSE 100 was up 9 points, or 0.1 percent, at 8,286 after rising half a percent on Tuesday.
Energy giant BP Plc and peer Shell both jumped around 2.5 percent.
JD Sports slumped 5 percent despite the sportswear retail chain reporting record sales in the 26 weeks to August and reaffirming its FY25 guidance.
Wizz Air Holdings plummeted 6 percent after the airline reported a drop in load factors over the course of September.
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China GDP Data Due On Tuesday
China will release a batch of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q2 numbers for gross domestic product and June figures for industrial production, retail sales, fixed asset investment and unemployment.
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1s 0 dakika önce
Canadian Dollar Strengthens Amid Risk Appetite
The Canadian dollar advanced against its most major counterparts in the New York session on Monday, as investors shrugged off tariff threats from President Donald Trump over the weekend.
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1s 57 dakika önce
Swiss Market Settles Slightly Up After Lackluster Session
The Switzerland market, which remained in the red save for a brief while at the fag end of the day's session, settled with a small gain on Monday.
The mood in the market was very cautious as trade war fears escalated after U.S. President Donald Trump announced over the weekend that he would impose a 30% tariff on EU imports from August 1.
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5s 10 dakika önce
European Stocks Close Mostly Lower
Despite staging a recovery in late afternoon trades, European markets mostly ended on a weak note on Monday as worries about global trade escalated after U.S. President Donald Trump announced over the weekend that he would levy a 50% tariff on EU imports from August 1.
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5s 29 dakika önce
Bay Street Likely To Open On Mixed Note
Canadian shares may open on a mixed note Monday morning, tracking a weak lead from European markets and firm commodity prices.
The mood is likely to be cautious as investors await Canadian inflation data for the month of June on Tuesday.
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10s 42 dakika önce
Pound Falls As Traders Speculate BoE Rate Cut Decision
The British pound weakened against other major currencies in the European session on Monday, as traders speculate that the Bank of England (BoE) is likely to reduce its interest rate in the next month's monetary policy decision.
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11s 7 dakika önce
FTSE 100 Modestly Higher
The U.K. market is up in positive territory on Monday, even as other major markets in Europe are languishing in negative territory amid rising concerns about trade war following U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1.
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11s 19 dakika önce
Dollar Rebounds As Trade War Escalates
A steep escalation in the trade related tensions between the U.S. and its trade partners boosted the dollar and the Dollar Index during the week ended July 11.
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11s 32 dakika önce
