FTSE-100 Hovers Near Flatline

RTTNews | 957 hari yang lalu
FTSE-100 Hovers Near Flatline

(RTTNews) - The FTSE-100 benchmark of the London Stock Exchange is currently close to the flatline, unlike much of its European peers that have declined close to 1 percent. Lingering concerns of an economic slowdown rattled market sentiment.

Meanwhile data released earlier showed retail sales in the U.K. dropped 1.6 percent month-over-month in August, versus a 0.4 percent rise in the previous month. Markets were however expecting a decline of 0.5 percent.

FTSE 100 oscillated between 7,297.10 and 7,243.06, versus the previous close of 7,282.07.

The benchmark index of the London Stock Exchange is currently trading at 7,278.33, down 0.05 percent on an overnight basis.

In the 100-scrip index, only 39 are trading above the levels on Thursday.

Hikma Pharmaceuticals and AstraZeneca, both rallied more than 2 percent.

Intercontinental Hotels Group and Airtel Africa, both declined more than 3 percent.

Lloyds Banking group is the most active scrip with a turnover of 110 million. The scrip has gained 0.67 percent.

The GBP/USD pair dropped 0.52 percent to trade at 1.1403 amidst the US Dollar Index strengthening 0.20 percent to 109.96.

Yields on U.K.'s ten-year bonds increased to 3.18 percent from Thursday's close of 3.166.

read more
Pound Falls Against Most Majors

Pound Falls Against Most Majors

The pound weakened against its most major counterparts in the New York session on Wednesday.
RTTNews | 3j 15min yang lalu
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
RTTNews | 4j 20min yang lalu
TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
RTTNews | 5j 33min yang lalu
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
RTTNews | 5j 43min yang lalu
U.S. Pending Home Sales Unexpectedly Spike 6.1% March

U.S. Pending Home Sales Unexpectedly Spike 6.1% March

Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
RTTNews | 7j 18min yang lalu
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March. The Commerce Department said its personal consumption expenditures (PCE) price index edged down by less than a tenth of a percent in March after rising by an upwardly revised 0.4 percent in February.
RTTNews | 7j 21min yang lalu