News Formal

Oil stocks boost FTSE 100 as China data signals recovery | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

LONDON, Aug 11 ― London-listed shares ended off session highs yesterday as the number of Covid-19 cases in Britain surged, while hopes of more global stimulus and some upbeat data kept alive expectations of an economic rebound. After gaining as much as 1.2 per cent, the commodity-heavy FTSE 100...

After gaining as much as 1.2 per cent, the commodity-heavy FTSE 100 closed up 0.3 per cent, with BP Plc and Royal Dutch Shell Plc among the biggest boosts. — Reuters pic

Oil prices rose on an improvement in Chinese factory data, hopes for more coronavirus-related stimulus from the United States, and as Saudi Aramco forecast rising energy demand. Focus was on US stimulus after President Donald Trump signed executive orders on Saturday partly restoring enhanced unemployment payments.

A clutch of data will be eyed this week, including the unemployment rate and June gross domestic product figures.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Oil stocks boost FTSE 100 as China data signals recovery | Malay MailAUG 10 — London-listed shares rose today as a slowdown in China’s factory deflation in July brewed optimism around a post-pandemic economic rebound, while energy stocks tracked a jump in oil prices. The commodity-heavy FTSE 100 was up 0.8 per cent, with BP Plc and Royal Dutch Shell Plc the...
Källa: malaymail - 🏆 1. / 86 Läs mer »