FTSE 100 Gains Led By Resource Stocks

RTTNews | 239天前
FTSE 100 Gains Led By Resource Stocks

(RTTNews) - U.K. stocks traded higher on Monday ahead of a busy week, with investors awaiting cues from a U.S. presidential election and interest rate decisions from the Federal Reserve and Bank of England.

The Bank of England meets on Thursday, and a 25-bps rate cut is widely expected. The benchmark FTSE 100 was up 42 points, or half a percent, at 8,219 after closing 0.8 percent higher on Friday.

Resources-linked shares were moving higher on the back of higher commodity prices. Miners Anglo American, Antofagasta and Glencore were up between 0.6 percent and 1.2 percent.

Energy giant BP Plc added 1.3 percent and peer Shell gained 1.2 percent as oil prices rose more than $1 on a decision by OPEC+ to delay by a month plans to increase output.

Burberry jumped nearly 5 percent following reports that Italy's Moncler could be considering making a bid for the luxury firm.

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Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains across most sectors led by gold miners and technology stocks. Iron ore miners were the only weak spot.
RTTNews | 1小时24分钟前
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Tuesday, following the broadly positive cues from Wall Street overnight, amid ongoing optimism about trade deals ahead of the impending deadline for U.S. reciprocal tariffs early next month. Market sentiment also improved as the truce in the 12-day war between Israel and Iran continued to hold without violations from either side.
RTTNews | 1小时45分钟前
Thai Stock Market May Extend Monday's Gains

Thai Stock Market May Extend Monday's Gains

The Thai stock market on Monday halted the two-day slide in which it had given up more than 25 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,090-point plateau and it's tipped to open in the green again on Tuesday.
RTTNews | 2小时46分钟前
Indonesia Stock Market May Add To Its Winnings

Indonesia Stock Market May Add To Its Winnings

The Indonesia stock market has moved higher in two straight sessions, collecting almost 100 points or 1.3 percent along the way. The Jakarta Composite Index now sits just above the 6,925-point plateau and it may open to the upside again on Tuesday.
RTTNews | 3小时16分钟前
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, snapping a five-session winning streak, despite the broadly positive cues from Wall Street overnight, with the Nikkei 225 falling below the 40,100 level, with weakness across most sectors led by index heavyweights and financial stocks.
RTTNews | 3小时17分钟前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in gold miners, energy and technology stocks partially offset by weakness in iron ore miners.
RTTNews | 3小时39分钟前
Additional Support Anticipated For China Stock Market

Additional Support Anticipated For China Stock Market

The China stock market on Monday snapped the two-day slide in which it had fallen more than 30 points or 0.9 percent. The Shanghai Composite Index now sits just beneath the 3,445-point plateau and it may add to its winnings on Tuesday.
RTTNews | 3小时46分钟前