Signage is seen outside the entrance of the London Stock Exchange in London August 23, 2018. — Reuters pic
The blue-chip index and the mid-cap FTSE 250 climbed 1.4 per cent and 0.7 per cent, respectively, with homebuilders set for their best day in nearly two months as data showed house prices jumped 2 per cent in August, the biggest month-on-month increase since 2004. The FTSE 100 has bounced since a coronavirus-driven crash in March, but is still about 22 per cent below its January highs, lagging US and European peers, which have been propelled by a raft of global stimulus.
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Stocks dip but clinch fifth month of gains; dollar soft | Malay MailNEW YORK, Sept 1 — A gauge of global stocks pulled back from a record high yesterday but locked in a fifth straight month of gains while the dollar remained weak as investors adjust to the policy shift outlined by Federal Reserve Chair Jerome Powell last week. US stocks were mostly lower, with...
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