WTI and Brent post gains by 13:10 GMT

Source: WBP Online
Despite a more-than-expected oil inventory rise reported on Wednesday, concerns over further potential oil supply disruptions from Canada and Libya pushed oil prices higher on Thursday. WTI increased around 4.7%, while Brent jumped 4.2%, trading at $45.83 and $46.50 per barrel respectively on the London Stock Exchange by 13:10 GMT.
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Mon, 09 May 2016 15:12:16 GMT

UK's House Price Index drops in April

The Halifax House Price Index's growth rate in the United Kingdom decreased to 9.2% year-over-year in the fourth month of the year, following the 10.1% reading seen in the previous month. In the meantime, the country's House Price Index declined 0.8% on a monthly basis in April.

Thu, 05 May 2016 15:22:15 GMT

US stocks open higher on Thursday

US stock markets opened higher on Thursday as buying was triggered on the rise in oil prices. As the North American trading session started, the S$P 500 Index jumped around 0.3% to 2,056.20 points, whereas the Dow Jones Index gained 0.2% and the Nasdaq Composite Index added 0.3%, opening at 17,693.10 and 4,738.70 points respectively.

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