London’s FTSE 100 closed in the red on Wednesday as mining stocks slumped and uncertainties surrounding the UK opening weighed on the index.

However, the index recovered from the day’s lows, helped by travel stocks, after reports of Joe Biden and Boris Johnson’s scheduled meeting on Thursday where the two leaders will possibly discuss easing restrictions. of travel between the United Kingdom and the United States.

The blue-chip FTSE 100 index closed 14 points or 0.2% lower at 7,081, while the domestically-focused FTSE 250 closed 136 points or 0.6% lower at 22,758.

US stocks gave up an early gain on Wednesday and fell in the last half hour of trading on Wednesday, leaving the major indices with modest losses. The S&P 500 fell 8 points, or 0.2%, to 4,220, the Dow Jones Industrial Average fell 153 points, or 0.4%, to 34,447, while the Nasdaq Composite lost 13 points, or 0.1%, to 13,912.

Investors are now awaiting the next release of the US CPI; The monthly consensus estimate for the core CPI is 0.5 percent.

Asia-Pacific stocks opened positively on Thursday but traded within a range in the early hours, following US peers. However, the main indices are now on the rise. Japan’s Nikkei 225 was slightly higher on the open and traded 0.3% above. South Korean Kospi rose 0.4%.

Hang Seng traded 0.3%, while Shanghai Composite jumped 0.8%. Meanwhile, Australian stocks rallied, with the S & P / ASX 200 now trading at 0.5%. The MSCI’s largest Asia-Pacific stock index outside of Japan traded up 0.5%.

Indian indices opened higher, following gains by their Asian peers, as metals and pharmaceuticals stocks advanced. Sensex is trading 165 points or 0.3% above at 52,106, while Nifty is at 15,700.

Additional agency reports

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Source: www.independent.co.uk
This notice was published: 2021-06-10 05:52:38

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