UK stocks advance after US jobless claims

Note: This section contains information in English only.
Source: Dukascopy Bank SA
UK shares moved higher on Thursday after US jobless claims fell more than expected last week. However, UK equities were depressed by unexpected Spain's debt rating cut by the S&P. Moreover, global growth concerns continued to weight on the riskier assets. The FTSE 100 Index soared 0.79% to trade at 5,822.46. Seven out of ten sectors within the index gained. The top-performers were industrials and basic materials. Shares of Bunzl, Meggitt and Rolls-Royce Holdings rose 0.27%, 0.88% and 1.32%, respectively. Among basic materials sector, BHP Billiton, Anglo American and Eurasian Natural Resources Corp. climbed 1.22%, 0.74% and 2.99%, respectively. Meanwhile, the top-gainer was Burberry, soaring 11.37% after announcing that turnover in H1 of 2012 surged by annualized 6%. Dragging the UK stock index lower, utilities inched down. National Grid dropped 0.51%.


Back to articles

Actual Topics

Thu, 11 Oct 2012 14:23:48 GMT

US trade deficit expanded in August

The U.S. trade deficit expanded in August due to weakening global economic growth, which decreased demand for U.S. exports. According to Commerce Department, the gap increased 4.1% from $42.5 billion in July to $44.2 billion. Exports fell to the lowest since February. Debt-stricken Europe, China's and other emerging economies' slower growth may curb demand for U.S. products.  "For the first

Thu, 11 Oct 2012 15:11:14 GMT

Hong Kong equities rose on stimulus hopes

Hong Kong shares rebounded on Thursday amid rising hopes that the POBC will ease its prudent monetary policy to stimulate faltering economy. However, Hong Kong equities came under heavy pressure after S&P downgraded Spanish debt rating to one level above ‘junk' status. The Hang Seng Index gained 0.38% to end the session at 20,999.05. Five out of nine sectors included

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.