London stocks rise over 1% on upbeat earnings, BoE decision in focus

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Market News

Nov 2 - Britain's benchmark FTSE 100 rose on Thursday, buoyed by a slew of upbeat earnings from industry giants such as BT and Sainsbury, while investors braced for Bank of England's monetary policy decision, due later in the day.

Shell gained 2% after it posted in-line quarterly profit and announced a share buyback programme of $3.5 billion over the next three months. Precious metal miners added 1.4%, while industrial metal miners advanced 2.5% as prices of most non-ferrous metals, including copper and gold, gained on the weakness in the U.S. dollar and Treasury yields.

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:

 /  🏆 13. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

HSBC Takes Stab at Using Blockchain to Modernize London’s Antiquated Gold MarketOne of the world’s top bullion banks is bringing blockchain to the antiquated London gold market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market news today: Stocks rise as Fed holds rates steadyIn a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks rally, tech surges after Fed leaves rates unchangedIn a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks rise with Fed rates decision on deckInvestors are laser-focused on the Fed policy statement and Chair Jerome Powell's comments for clues to how interest rates will evolve.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: US futures rise as investors bet on end to Fed hikesInvestors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks rise as investors bet on end to Fed hikesInvestors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »