Stock markets edge higher after upbeat corporate earnings

Indonesia Berita Berita

Stock markets edge higher after upbeat corporate earnings
Indonesia Berita Terbaru,Indonesia Berita utama

Tesla, Nokia and STMicroelectronics post better-than-expected results, lifting sentiment

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 98%

Food groups Kerry and Glanbia also declined, with Kerry down 0.3 per cent at €85.82 and Glanbia losing about 2.5 per cent to close at €11.16.The blue-chip FTSE 100 rose 0.2 per cent, while the mid-cap FTSE 250 index added 0.6 per cent, as earnings season kicked in. Investment firm 3i Group soared 9.2 per cent to hit a record high on an upbeat third-quarter performance update, lifting the investment banking sector by 3.6 per cent.

Wizz Air fell 7.2 per cent from eight-month highs hit in the prior session, after the Hungarian budget airline was upbeat on summer demand for travel but more cautious than its competitors. STMicroelectronics shares jumped 8.2 per cent after the chipmaker beat fourth-quarter sales and earnings expectations, boosting the wider technology sector.

Along with corporate earnings, the market focus is now on upcoming interest rate decisions from the Federal Reserve and the European Central Bank next week. The ECB is widely expected to hike rates by 50 basis points next week, with policymakers backing the case for interest rates to keep rising further in order to bring inflation down to the central bank’s target.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

IrishTimes /  🏆 3. in İD
 

Indonesia Berita Terbaru, Indonesia Berita utama



Render Time: 2025-01-16 03:48:40