London stocks rise ahead of services activity data | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

LONDON, Sept 3 — London’s FTSE 100 edged higher today, helped by consumer discretionary and mining shares, while investors awaited a reading on August services activity data due later in the day. The blue-chip index rose 0.2. Global miner BHP Group added 1.4 per cent, rebounding from a 5.6 per...

LONDON, Sept 3 — London’s FTSE 100 edged higher today, helped by consumer discretionary and mining shares, while investors awaited a reading on August services activity data due later in the day.

The domestic focused mid-cap FTSE 250 index edged 0.1 per cent higher, lifted by 10.1 per cent jump in Discoverie Group’s shares after the electronic components manufacturer and supplier upsized its equity raise offering. “The NFP is always good for some juicy volatility intra-session, but this one will assume potentially greater importance than usual as the headline result will go a long way towards solidifying financial markets’ timing of the Fed taper,” said Jeffrey Halley, senior market analyst at OANDA.

Domestically, the IHS Markit/CIPS services Purchasing Managers’ Index is expected to fall to 55.5 last month from 59.6 in July amid supply-chain bottlenecks that also stunted British manufacturers’ recovery from the Covid-19 pandemic in August.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Banyak mimpi Muhammad Qasim mengenai Pakistan, Imran Khan & umat Islam menjadi kenyataan. Mimpi-mimpi ini menunjukkan peristiwa-peristiwa penting yg akan berlaku pada masa depan seperti yang disebutkan Hadis. Saya rasa Muhammad Qasim adalah Imam Al-Mahdi.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ByteDance to downsize fintech business, plans to sell stock broker ops | Malay MailBEIJING, Sept 2 ― Beijing-based ByteDance, the owner of TikTok, said yesterday that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology (fintech) sector. ByteDance operates Songshu Zhengquan,...
Source: malaymail - 🏆 1. / 86 Read more »