FTSE 100 ends lower ahead of BoE meet, Asian stock trade steady as Sensex opens above 52,500

Stuti Mishra
·1 min read
File image: All eyes are set on Bank of England’s meeting on Thursday as investors are waiting to know central bank’s stance on the rising prices (Getty Images)
File image: All eyes are set on Bank of England’s meeting on Thursday as investors are waiting to know central bank’s stance on the rising prices (Getty Images)

London’s FTSE 100 ended marginally lower on Wednesday despite gains in travel, pharma and oil majors, as economic data suggests rise in inflation.

The FTSE 100 index inched lower 0.2 per cent, while the domestically focused mid-cap index shed 0.1 per cent.

A near-three-year high in the price of crude had lifted BP and Royal Dutch Shell higher and they helped pull the index up from midday after a mixed start.

A preliminary reading of the HIS Markit/CIPS UK Composite Purchasing Managers’ Index (PMI) pointed to one of the strongest monthly improvements in business activity since 1998.

All eyes are set on Bank of England’s meeting on Thursday as investors are waiting to know the central bank’s stance on rising prices.

On Wall Street, the S&P 500 snapped a two day winning streak and closed in the red on Wednesday as the market’s comeback rally took a breather. The broad equity benchmark dipped 0.1 per cent to 4,241.84, while the Dow Jones Industrial Average fell 71 points, or 0.2 per cent, 33,874. The Nasdaq Composite outperformed its peers slightly with a 0.1 per cent gain at 14,272.

Asian stocks opened mostly steady on Thursday after a mixed closing in the US. Japan’s Nikkei traded little change, while Shanghai Composite is 0.2 per cent down. Hong Kong’s Hang Seng is marginally up at 0.1 per cent.

Indian indices opened in green on Thursday, a day of weekly options expiry, as investors await the annual meet of Indian giant Reliance. BSE Sensex opened above 52,500 while the Nifty 50 regained 15,700.

Read More

UK Covid-19 vaccinations: Latest figures

FTSE 100 advances after record CBI data, Asian stocks open mix as Sensex trades flat

FTSE 100 rebounds after crash as global markets also recover losses, Sensex at record high

  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Q1 2024 PTC Therapeutics Inc Earnings Call

    Q1 2024 PTC Therapeutics Inc Earnings Call

  • Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

    On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment.

  • Q1 2024 Dexcom Inc Earnings Call

    Q1 2024 Dexcom Inc Earnings Call

  • Israel-Hamas war: Sabreen Jouda, the baby girl saved from dead mother's womb in Gaza, dies

    A baby girl rescued from the womb of her dying mother in a Gaza hospital has died, the child's uncle has said. Sabreen Jouda was born prematurely in Rafah on Sunday shortly after her mother, Sabreen al Sakani, died in an Israeli airstrike, which also killed her father Shoukri, and four-year-old sister Malak.

  • Dow Jones Futures Rise As Microsoft, Google Jump; New Market Rally Still Must Do This

    Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Thursday amid Meta's sell-off.

  • Primary school teacher admits murder of partner found buried in garden

    Fiona Beal had initially pleaded guilty to the lesser offence of manslaughter by reason of of a loss of control.

  • As some universities negotiate with pro-Palestinian protesters, others quickly call the police

    At Ohio State University, police clashed with protesters just hours after they gathered Thursday evening.

  • Noem Reportedly Describes Executing Her Pet in New Book: ‘I Hated That Dog’

    Jabin Botsford/The Washington Post via GettyReaching for an example of her unflinching preparedness to do anything “difficult, messy and ugly” if it needs to be done, Kristi Noem landed on a chilling example: the time she killed her pet dog, Cricket, in an execution-style gravel pit slaying.The South Dakota governor, whose unbreakable devotion to Donald Trump has propelled her to somewhere near the top of his list of his potential 2024 running mates, reportedly included her disturbing tale of ca

  • Kinetik Holdings Inc's Dividend Analysis

    Kinetik Holdings Inc (NYSE:KNTK) recently announced a dividend of $0.75 per share, payable on 2024-05-09, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Kinetik Holdings Inc's dividend performance and assess its sustainability.

  • GB News investor Sir Paul Marshall steps down from board

    His resignation coincides with the appointment of politician and businessman Lord Theodore Agnew as the new director of its owner, All Perspectives.

  • Lagardere SA's Dividend Analysis

    Lagardere SA (LGDDF) recently announced a dividend of $0.65 per share, payable on 2024-04-30, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Lagardere SA's dividend performance and assess its sustainability.

  • Tomra Systems ASA's Dividend Analysis

    Tomra Systems ASA (TMRAY) recently announced a dividend of $0.18 per share, payable on 2024-05-20, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Tomra Systems ASA's dividend performance and assess its sustainability.

  • Blinken meets with China's Xi in Beijing

    STORY: Earlier on Friday, Blinken held talks with China's top diplomat Wang Yi in Beijing, the latest high-level contact between the countries that have reduced the acrimony that pushed ties to historic lows last year.Blinken arrived in Beijing on Thursday (April 25) from Shanghai, where he urged China to provide a level playing field for U.S. businesses.

  • Q3 2024 Western Digital Corp Earnings Call

    Q3 2024 Western Digital Corp Earnings Call

  • Nelly Korda, LPGA in prime position to lift women's golf. So far, they're whiffing.

    As Nelly Korda continues to dominate, generating new interest in women's golf should be one of the easiest sales jobs the LPGA will ever have.

  • London travel news LIVE: Tube stations shut amid new strike as two lines delayed after 'casualty on tracks'

    Several London Underground stations are closed due to workers striking while two Tube lines were halted because of a casualty on the track. Transport for London said five stations were closed on the network at 10.30am on Friday due to the Transport Salaried Staffs' Association action. The union said the action was likely to cause Tube stations to close at the last minute, including into Saturday morning, but Transport for London said there will not be significant disruption.

  • Bourguignon, burgers and beetroot: Paris Olympics to make history with vegetarian offerings

    Chefs have created meat-free dishes for athletes while fans will have greatest choice of vegetarian food of any Games

  • NFL draft's most questionable picks in first round: QBs Michael Penix Jr., Bo Nix lead way

    With the first round of the 2024 NFL draft complete, several teams stood out with their initial picks – and not in a good way.

  • Koninklijke Vopak NV's Dividend Analysis

    Koninklijke Vopak NV (VOPKY) recently announced a dividend of $1.63 per share, payable on 2024-05-17, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Koninklijke Vopak NV's dividend performance and assess its sustainability.

  • Hochtief AG's Dividend Analysis

    Hochtief AG (HOCFF) recently announced a dividend of $4.4 per share, payable on 2024-07-05, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Hochtief AG's dividend performance and assess its sustainability.