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Monday,12 August 2024 at 07:18
UK
& European stocks rose at the open following a mostly positive Asian session.
Asia-Pacific markets rose
after a rollercoaster week that saw steep sell-offs followed by a sharp
recovery, especially in Japan stocks.
Gold prices struggledfor momentum as investors looked forward to a key inflation report that could
shed more light on the U.S. central bank’s next policy move.
Oil prices were little
changed in early Asian trading, holding on to most of last
week’s more than 3% gains, supported by geopolitical tensions and better
economic data.
In corporate news, BT
Group welcomed news that Bharti Global had acquired Altice
UK's 24.5% stake in the telecoms carrier.
"We welcome investors who recognise the long-term value of our business,
and this scale of investment from Bharti Global is a great vote of confidence
in the future of BT Group and our strategy," BT boss Alison Kirkby said.
Markets
08:20
FTSE 100 8,217 +0.60%
FTSE 250 20,695 +0.34%
DAX 17,782 +0.33%
the close
Dow Jones 39,497 +0.13%
S&P 500 5,344 +0.47%
NASDAQ 16,745 +0.51%
Fixed Income
UK 10-YR YIELD 3.967
Exchange Rates
GBP/USD 1.276
GBP/EUR 1.168
Commodities
Gold $2,437 +0.27%
Brent $80.14 +0.55%
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.
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