Stocks rise on US inflation data and China relaxation

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Iseq index recovers 0.6% after Wednesday’s 1.3% decline

Ryanair, meanwhile, added 1.4 per cent to close at €15.94 per share in line with a general lift in travel and tourism stocks across Europe after China’s travel restriction relaxation.

The news lifted luxury stables like Gucci owner Kering, Hermés and Luis Vuitton parent LVMH, which were all ahead by 2.6 per cent and 3.5 per cent. Banks stocks were mixed with Barclays, HSBC and NatWest off by between 0.6 per cent and 1.2 per cent as they traded ex-dividend while Standard Chartered and Lloyds gained ground.

The consumer price index gained 0.2 per cent last month, the US department of labour said, lifting the annualised rate to 3.2 per cent from 3 per cent in June. Economists polled by Reuters expected headline CPI to rise to 3.3 per cent.

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:

 /  🏆 6. in UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

European stocks climb but Flutter Entertainment drags Dublin market lowerBank shares rebound after Italian government clarifies that new windfall tax will not exceed 0.1% of total assets
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Banking stocks tumble after Italy imposes shock windfall taxMoody’s cut the credit ratings of 10 small to mid-sized US banks, while Bank of Ireland, AIB, and PTSB all suffered losses
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

UK Markets Wrap: Banks and commodity stocks led Tuesday’s fallers on FTSEGlobal trading sentiment was already weak after Chinese imports and exports both tumbled more sharply than expected
Source: businessposthq - 🏆 8. / 71 Read more »