FTSE 100 Slips On Growth Worries

RTTNews | 1240 days ago
Stocktwits
FTSE 100 Slips On Growth Worries

(RTTNews) - U.K. stocks traded lower on Tuesday as investors fretted about the outlook for economic and corporate earnings growth.

The benchmark FTSE 100 was down 21 points, or 0.3 percent, at 7,890 after ending marginally lower on Monday.

Miners Anglo American, Antofagasta and Glencore all fell over 2 percent on mounting worries about the global economic outlook.

Primark owner Associated British Foods slumped 5.5 percent as it reported a 3 percent fall in first-half profit.

Online grocer Ocado gained 0.6 percent in choppy trade after announcing it plans to stop operations at its Hatfield customer fulfilment centre this summer, in a move impacting around 2,300 workers.

Premier Inn owner Whitbread jumped 5.5 percent after its annual profit rose above pre-pandemic levels.

Standard Chartered declined 1.7 percent after its CEO Bill Winters warned that the banking sector may face fresh issues.

Stocktwits
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No Help Yet For Indonesia Stock Market

No Help Yet For Indonesia Stock Market

The Indonesia stock market has finished lower in six straight sessions, sinking more than 250 points or 3.8 percent along the way. The Jakarta Composite Index now sits just above the 6,430-point plateau and it's likely to open lower again on Thursday.
RTTNews | 17 minutes ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese market is trading modestly higher on Thursday, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 64,000 mark, with gains in index heavyweights, automakers, exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | 29 minutes ago
Hang Seng Likely To Remain Rangebound

Hang Seng Likely To Remain Rangebound

The Hong Kong stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had given up more than 850 points or 3 percent. The Hang Seng Index now sits just above the 24,710-point plateau although it's looking at a soft start on Thursday.
RTTNews | 32 minutes ago
Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Wednesday ended the four-day losing streak in which it had slumped more than 85 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,890-point plateau although it may face renewed selling pressure on Thursday.
RTTNews | 47 minutes ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Thursday, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,750 level, with gains in iron ore miners and financial stocks partially offset by weakness in gold miners, energy and technology stocks.
RTTNews | 49 minutes ago
Taiwan Stock Market Poised To Open Under Water

Taiwan Stock Market Poised To Open Under Water

The Taiwan stock market on Wednesday snapped the four-day losing streak in which it had dropped more than 1,650 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 45,850-point plateau although it may hand back those gains on Thursday.
RTTNews | 1h 17min ago
Losing Streak May Continue For Singapore Stock Market

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.
RTTNews | 1h 47min ago
Malaysia Stock Market May See Continued Consolidation

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.
RTTNews | 2h 17min ago
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