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Tuesday,24 January 2023 at 08:38
UK & European markets nudged higher with investors
awaiting the latest flash purchasing managers’ index data from the euro zone in
Markets in the
Asia-Pacific traded higher as Lunar New Year holidays were
observed in most of the region.
Crude oil prices
rose slightly in a market focused on prospects of demand
recovery from top importer China and on the global economic outlook ahead of
Gold prices edged up as
the dollar weakened.
In corporate news, Primark owner Associated
British Foods posted a 20% rise in sales during the
Christmas period as consumers continued to hunt for bargains amid the
The company, which also has agriculture, sugar and food ingredients operations,
said revenue in the 16 weeks to January 7 rose to £6.7bn, with Primark sales up
18% to £3.1bn. Group full-year expectations remain unchanged.
FTSE 100 7,752 (-0.42%)
FTSE 250 19,814 +0.06%
DAX 15,118 +0.10%
At the close
Dow Jones 33,629 +0.76%
S&P 500 4,019 +1.19%
NASDAQ 11,364 +2.01%
UK 10-YR YIELD 3.345
Gold $1,939 +0.45%
Brent $87.92 (-0.10%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.