2023-01-25 09:08:58

FTSE 100 Marginally Higher As Producer Inflation Falls More Than Expected

Logo RTTNews
RTTNews
By Rtt News Staff Writer

U.K. stocks were marginally higher on Wednesday after data showed producer price inflation in the county fell to its lowest rate in almost a year last month.

The corresponding index rose 16.5 percent in the year to December 2022, down from 18 percent in the year to November, and 20.2 percent in the year to October.

The benchmark FTSE 100 was up 8 points at 7,765 after declining 0.4 percent the previous day.

Insurer Aviva rallied 2.7 percent after reiterating its guidance for dividends and capital returns.

Continue read on rttnews.com

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 09:09:09
U.K. stocks declined on Tuesday as investors awaited the latest business activity data for directional cues. The benchmark FTSE 100 dropped half a percent to...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-18 09:31:53
U.K. stocks were marginally higher on Wednesday after data showed consumer prices in the country rose at the slowest pace in three months in December,...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-20 09:38:35
U.K. stocks eked out modest gains on Friday as optimism over demand recovery in China boosted mining and energy stocks. Sentiment was also underpinned after...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 18:27:33
Financial stocks were moderately higher in afternoon trading, with the NYSE Financial Index rising 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-19 09:19:46
U.K. stocks slipped into the red on Thursday as recession fears gripped financial markets and offset recent optimism surrounding China's reopening. The...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-23 08:59:36
U.K. stocks opened higher on Monday, with a strong rally on Wall Street Friday and gains across Asian markets boosting investor sentiment. The benchmark FTSE...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 10:29:36
Indian shares fluctuated before ending on a flat note Tuesday, as profit booking ahead of the derivative expiry and the Republic Day holiday on Thursday...

Logo Daily Mail
Business / FinanceBy Mark Shapland2023-01-19 21:51:02
After a strong start to the year, hopes the FTSE 100 could hit a record high this week have cooled amid fresh worries the global economy is heading for a...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 20:57:12
Financial stocks were edging higher in late Tuesday trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) still...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 09:27:19
European stocks were little changed on Tuesday as investors assessed the outlook for economic and earnings growth. The eurozone economy expanded in January...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-25 02:35:08
Indian shares may open a tad lower on Wednesday as investors may choose to remain on the sidelines ahead of the derivative expiry, the Republic Day holiday...

Logo Benzinga
Business / FinanceBy Lisa Levin2023-01-24 10:32:47
US stocks closed higher on Monday amid surge in technology stocks. All three major indices extended Friday's gains, with the tech-laden Nasdaq index leading...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-24 17:21:08
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide NEW...

Logo Nasdaq
TechnologyBy Zacks2023-01-24 14:30:00
For investors seeking momentum, First Trust Nasdaq Pharmaceuticals ETF FTXH is probably on radar. The fund just hit a 52-week high and is up 17% from its...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 18:49:07
The Invesco Dividend Achievers ETF is seeing unusually high volume in afternoon trading Tuesday, with over 503,000 shares traded versus three month average...

Logo Daily Mail
Business / FinanceBy Leah Montebello2023-01-20 21:55:30
The FTSE 100 missed the opportunity to reclaim its all-time high this week after turbulent trading and rocky results scuppered hopes. The large-cap index...

Logo Benzinga
Business / FinanceBy Lisa Levin2023-01-25 08:01:47
The CNN Money Fear and Greed index showed some decline in overall market sentiment among US investors. US stocks closed mixed on Tuesday as investors...

Logo Daily Mail
Business / FinanceBy Mike Sheen2023-01-24 14:43:48
FTSE 250 aerospace manufacturer Senior has lifted profit expectations after trade beat expectations at the close of 2022. Senior, which makes components and...

Logo Nasdaq
TechnologyBy Zacks2023-01-24 10:55:00
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 24th: NexPoint Residential Trust, Inc. NXRT :...

Logo Nasdaq
Business / FinanceBy Rtt News2023-01-25 04:30:58
(RTTNews) - Indian shares opened lower on Wednesday, tracking mixed global cues and on eve of F&O expiry. The benchmark S&P/BSE Sensex dropped 300...