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UK Market Roughly Flat; Mining Stocks Move Higher

RTTNews | 409 days ago

UK Market Roughly Flat; Mining Stocks Move Higher

(RTTNews) - Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.

The benchmark FTSE 100, moving between 9,083.95 and 9,126.09, was roughly flat at 9,102.05 a little while ago, netting a small gain of 1.28 points or 0.01%.

Fresnillo is gaining about 3.5%. Glencore is up 2.75%. JD Sports Fashion, Berkeley Group Holdings, Melrose Industries, Vodafone Group, Hiscox and Rentokil Initial are up 1.5 to 2%.

GSK is gaining about 1.3% on news it will receive $370 million as part of a U.S. patent settlement.

Rio Tinto, Land Securities, Taylor Wimpey, Barratt Redrow, British American Tobacco and Barclays are also up with notable gains.

Entain is down 2.65% and Intercontinental Hotels Group is lower by about 2.5%. WPP, Pearson, Compass Group, Croda International, Relx, Admiral Group and Experian are down 1.4 to 2.3%.

Hikma Pharmaceuticals, Beazley, Prudential, Halma, The Sage Group, RightMove, Schroders and IAG are also down in negative territory.

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China Stock Market May Add To Its Winnings On Tuesday

China Stock Market May Add To Its Winnings On Tuesday

The China stock market has finished higher in two straight sessions, climbing almost 75 points or 1.7 percent in that span. The Shanghai Composite Index now sits just beneath the 3,950-point plateau and it may see additional support on Tuesday.

RTTNews | 18 minutes ago

Tech Shares May Boost Taiwan Stock Market

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market has tracked higher in four straight sessions, surging more than 2,800 points or 6.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 47,720-point plateau and it's looking at another green light again on Tuesday.

RTTNews | 48 minutes ago

Singapore Stock Market May Break Through 5,700-Point Level

Singapore Stock Market May Break Through 5,700-Point Level

The Singapore stock market has finished higher in two of three trading days since the end of the two-day slide in which it had dropped almost 85 points or 1.7 percent. The Straits Times Index now sits just above the 5,675-point plateau and it's expected to see further upside on Tuesday.

RTTNews | 1h 18min ago

Malaysia Stock Market Tipped To Open In The Green

Malaysia Stock Market Tipped To Open In The Green

The Malaysia stock market on Monday snapped the three-day losing streak in which it had slumped more than 35 points or 2.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,665-point plateau and it may add to its winnings on Tuesday.

RTTNews | 1h 48min ago

Win Streak May Continue For South Korea Stock Market

Win Streak May Continue For South Korea Stock Market

The South Korea stock market has finished higher in two straight sessions, accelerating almost 300 points or 4.1 percent along the way. The KOSPI now sits just above the 7,000-point plateau and it may extend its gains again on Tuesday.

RTTNews | 2h 18min ago

Taiwan Data Due On Tuesday

Taiwan Data Due On Tuesday

Taiwan will on Tuesday release August figures for export orders and unemployment, highlighting a very light day for Asia-Pacific economic activity.

RTTNews | 3h 18min ago

Oil Extends Losses To 4th Straight Session, Sheds Over 4%

Oil Extends Losses To 4th Straight Session, Sheds Over 4%

Oil prices fell sharply on Monday, losing for a fourth straight session, amid hopes diplomatic efforts will help de-escalate tensions in the Middle East.

RTTNews | 6h 22min ago

Swiss Market Ends On Buoyant Note

Swiss Market Ends On Buoyant Note

The Switzerland market closed on a strong note on Monday, as falling oil prices helped ease concerns about inflation and growth, prompting investors to pick up stocks.

RTTNews | 7h 17min ago

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