UK shares advance on BoE report

Source: Dukascopy Bank SA
UK equities are trading in the positive territory on Wednesday after the latest report showed that more BoE members support an increase in asset purchasing. However, market participants remained cautious ahead of FOMC minutes release due later in the day. The FTSE 100 Index added 0.40% to trade at 6,404.99. Seven out of ten industries rallied. The top-performers were technology and consumer goods industries, advancing 1.39% and 1.26%. Sage Group jumped 1.69%, while Reckitt Benckiser Group and British American Tobacco soared 2.94% and 1.92%. Restricting the upswing of the UK blue chips, basic materials slid 1.42%, with Rio Tinto and BHP Billiton slumping 2.28% and 1.71%. BHP Billiton declined after reporting a 58% drop in its half-year profits. The top-loser was RSA Insurance Group, declining 12.91% as the firm said it would reduce its dividend for this year amid a drop in profits.
Back to articles

Actual Topics

Wed, 20 Feb 2013 15:41:05 GMT

Economic sentiment in Switzerland reached 3-year high

Economic sentiment in Switzerland improved more-than-anticipated reaching the highest level since June 2010. The ZEW Indicator rose from -6.9 points in the preceding month to 10.0 points in February, while analysts expected the index to climb by 7.9 points to 1.0. The indicator has overpassed a threshold and reached positive area for the first time since April 2012. Meanwhile, analysts'

Wed, 20 Feb 2013 16:11:09 GMT

Hong Kong equities rose; energy stocks led gains

Hong Kong stocks swung to gains on Wednesday after two consecutive sessions of losses. Hong Kong equities tracked gains of the overseas stock markets and improved risk appetite after better-than-expected German investor confidence data. Moreover, property developers bounced off Tuesday's lows thus lifting Hang Seng Index. Hang Seng Index jumped 0.71% to finish at 23,307.41. All but one industry included

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.