FTSE 100 Declines As Commodity Stocks Drag
(RTTNews) - U.K. stocks fell on Monday as lower commodity prices amid worries about slowing global growth weighed on commodity stocks.
Meanwhile, U.K. house price growth eased in April, Rightmove said in a report.
On a monthly basis, average asking prices rose by 0.2 percent, down from 0.8 percent growth in March and the average of 1.2 percent growth at this time of year.
The benchmark FTSE 100 was down 9 points, or 0.1 percent, at 7,904 after closing 0.2 percent higher on Friday.
Oil & gas firm BP Plc dropped 0.7 percent and Shell declined about 1 percent as oil prices fell over 1 percent on concerns about fuel demand.
In the mining sector, Glencore lost 1.2 percent and Anglo American was little changed.
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Losing Streak May Continue For Singapore Stock Market
The Singapore stock market has finished lower in back-to-back sessions, sinking almost 85 points or 1.7 percent along the way. The Straits Times Index now sits just above the 5,635-point plateau and it's tipped to open in the red again on Thursday.
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11 minutes ago
Malaysia Stock Market May See Continued Consolidation
Ahead of Wednesday's holiday for Malaysia Day, the Malaysia stock market had turned lower again, one day after ending the four-day losing streak in which it had fallen almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,680-point plateau and it may take further damage on Thursday.
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41 minutes ago
Japan Stock Market May Turn Lower Again On Thursday
The Japanese stock market on Wednesday ended the three-day slide in which it had dropped more than 1,780 points or 3 percent. The Nikkei 225 now sits just shy of the 63,925-point plateau although it's likely to open under pressure on Thursday.
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56 minutes ago
New Zealand GDP Rises 0.2% In Q2
New Zealand's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
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1h 5min ago
South Korea Stock Market May Hand Back Wednesday's Gains
The South Korea stock market on Wednesday ended the four-day losing streak in which it had plunged more than 420 points or 5.9 percent. The KOSPI now sits just beneath the 6,720-point plateau although it may head south again on Thursday.
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1h 11min ago
New Zealand GDP Data Due On Thursday
New Zealand will on Thursday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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2h 11min ago
U.S. Dollar Advances Following Interest Rate Hike Decision By The Fed
The U.S. Dollar value moved higher on Wednesday following the announcement by the U.S. Federal Reserve to raise interest rates by 25 basis points to 4.00%, citing persistent inflation and energy-price pressure.
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3h 14min ago
Fed Raises Interest Rates For First Time Since July 2023
For the first time since July of 2023, the Federal Reserve announced on Wednesday that it has decided to raise interest rates. The Fed said it decided to raise the target range for the federal funds rate by 25 basis points to 3.75 to 4 percent in support of its dual mandate.
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5h 53min ago
