A global equities index fell slightly on Tuesday while Treasury yields rose as investors awaited inflation data due later in the week for potential clues about the outlook for US interest rates.Renewable energy group Corre Energy saw its value climb 7 per cent after it started a share sale to existing investors to give them a chance to avoid their stakes being diluted by a placing of €2.12 million of stock with founders and a long-term shareholder.
Elsewhere, insulation specialist Kingspan was down 1.6 per cent at close of business, but the move was in line with the sector. Box-maker Smurfit Kappa traded good volumes, and finished the day up 16 basis points.The UK’s stock markets struggled to get off the ground as losses for gambling giants pulled on the FTSE 100. The blue-chip index was down 0.76 per cent at close of business.
The losses were only partially offset by gains for some retailers, including JD Sports and Ocado, after new figures showed UK shop price inflation had returned to “normal levels”. Shares in Persimmon dipped amid speculation that the FTSE 100-listed housebuilder is considering a £1 billion takeover bid for Cala Group. But investors appeared to be lukewarm about the possibility of a deal, and its share price was 3 per cent lower at close.
MSCI’s gauge of stocks across the globe fell 0.15 per cent, while Europe’s Stoxx 600 index fell 0.72 per cent.The Nasdaq breached the 17,000 level for the first time, buoyed as AI darling Nvidia jumped to a record high, even as focus shifted to key inflation data later in the week that could sway expectations for the Federal Reserve’s rate-cut path.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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ذریعہ: IrishTimes - 🏆 3. / 98 مزید پڑھ »
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