Brent crude futures rose for a second day on Wednesday to US$72.37 a barrel on signs of strong fuel demand in Europe, while the prospect of a near-term.
FTSE 100 ends just lower as pharma companies lift the major indices; US markets give up early gains
Companies
17:13 Wed 09 Jun 2021
FTSE 100 ends just lower as pharma companies lift the major indices; US markets give up early gains
The UK blue chip index closed in negative territory, with little inspiration from Wall Street
FTSE 100 down 14 points
US stocks mixed
12:10pm: Markets still largely hugging the flatline
The FTSE 100 closed Wednesday down 14 points, 0.2%, at 7,081, while the FTSE 250 lost 137 points, 0.6%, to 22,759. It has been another day where stock markets aren’t particularly keen to go up, and those that are in the red are only seeing some modest profit-taking, IG Chief Market Analyst Chris Beauchamp wrote. .European markets have shown a touch more downside, with the likes of the Dax slightly skittish sitting at record highs, in case the ECB meeting does prove to be more exciting than anticipated.
S&P/ASX 200 trades near flat line as energy, materials shares slip
Brent crude fell 2.3% to settle at US$65.11 a barrel on Thursday after diplomats said progress was made toward a deal to lift sanctions on Iran, which could boost crude supply. Bitcoin prices slipped after the US Treasury said it is taking steps to crack down on cryptocurrency markets and transactions.
S&P/ASX 200 (INDEXASX:XJO) weakened from a strong start this morning, with the index trading down 0.011% to 7,018.8 by about 1 pm.
This followed strong gains on Wall Street overnight, where indices snapped a three-day losing streak.
Locally, energy is the worst-performing sector, down 2.09%, while materials slipped about 1.4%.
Proactive news headlines including GTI Resources, Cyclone Metals, Danakali, Mako Gold and Legend Mining
May 19, 2021 02:24 ET | Source: Proactive Investors Proactive Investors London, UNITED KINGDOM
Sydney, May 19, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Great Boulder Resources Ltd (ASX:GBR) has received binding commitments for a single tranche placement to raise $5.5 million at a price of 8 cents per share. Click here
GTI Resources Ltd (ASX:GTR) has logged historic uranium results from the Henry Mountains Uranium & Vanadium Project in Utah, USA, ahead of a surface drilling program scheduled for July. Click here