UK discount retailer B&M has just issued a second profit warning, as soaring clearance costs continue to bite. These unexpected expenses have tightened margins, forcing the company to revise its earnings forecasts downward
Browsing: market update
India’s infrastructure output skyrocketed to a four-month high in December, driven by remarkable boosts in electricity, cement, and steel production. This dynamic upswing not only caps off 2023 on a high note but also fuels optimism for a robust economic recovery, Reuters reports
U.K. stocks dipped slightly, with the Investing.com United Kingdom 100 index falling 0.05% by the close of trading. Investors remained cautious, carefully weighing a blend of economic indicators amid ongoing global uncertainties
U.K. stocks rallied impressively, with the Investing.com United Kingdom 100 index jumping 0.46% by the close of Tuesday’s trading session. Investor enthusiasm soared, driven by promising economic data and a wave of growing confidence across the market
Brazil’s stock market took a hit on Thursday, as the Bovespa index slipped 0.99%. Investor nerves ran high ahead of key economic data releases, while mixed signals from global markets added to the uncertainty, cooling market excitement
India’s stock market soared on Thursday, with the Nifty 50 index jumping a striking 0.74%. Strong rallies in the IT and banking sectors powered this vibrant surge, reflecting rising investor confidence driven by promising economic outlooks
The Brazilian Real surged dramatically following upbeat labor market data that highlighted the economy’s impressive strength. Traders quickly seized the opportunity, igniting a surge of optimism across currency markets-vividly reflected in real-time TradingView analytics
Canada’s stock market edged lower as the S&P/TSX Composite Index dipped 0.32%, capturing a mix of conflicting economic signals and cautious investor sentiment. Traders remain vigilant, carefully steering through persistent global uncertainties
Japan’s Nikkei soared to a robust close, driven by impressive gains in tech stocks that mirrored Wall Street’s optimistic momentum. Investor confidence is climbing as global markets rally, lifted by easing concerns across the globe
Spain’s stock market closed Thursday on an upbeat note, as the IBEX 35 index edged up by 0.13%. Fueled by steady investor confidence, the gains held strong despite a backdrop of mixed economic data across Europe, driving the session confidently into positive territory
Axia experienced its sharpest decline since 2020, as bold reorganization moves triggered significant financial upheaval. Investor concerns over the shake-up caused the company’s shares to plunge dramatically
U.K. stocks dipped slightly, with the Investing.com United Kingdom 100 index falling 0.03% by the close of trading. Investor sentiment stayed cautious, as a mix of conflicting economic signals kept the market on tenterhooks
Indian equity benchmarks hovered near record highs on Thursday, with trading remaining flat as investors eagerly awaited crucial economic growth data. Market participants are treading carefully, anticipating the upcoming GDP figures that could steer the market’s next move
The dollar soared even higher against the yen on Tuesday, fueled by traders’ keen anticipation of the upcoming U.S. jobs report-a crucial indicator poised to influence Federal Reserve decisions and drive market movements, Reuters reports
Australia’s Neuren Pharma shares plunged to their lowest level in more than two months after the company dramatically cut its royalty forecast, sparking investor concerns over potential profit declines. Market watchers remain on edge as the stock faces renewed selling pressure
BREAKING: France’s industrial production soars past expectations, showcasing robust economic momentum. This positive surge boosts market confidence, driving EURUSD slightly upward amid growing investor optimism. – XTB.com
Germany’s economy came to a halt in Q3, igniting fresh fears of an impending recession. The flat GDP highlights growing challenges from global uncertainties and domestic hurdles, ramping up urgent demands for bold policy measures to avoid a prolonged downturn
Gold prices plunged over 2%, sinking to a three-week low as optimism grows around easing US-China trade tensions. With diplomatic ties warming, investors are turning away from gold’s safe-haven status. This sharp decline underscores a surge in market confidence, Reuters reports
Canada’s factory sales are set to soar by 2.8% in September, according to a Statscan flash estimate reported by Reuters. This striking increase signals a powerful surge in manufacturing activity, underscoring the strong momentum driving the ongoing economic recovery
India’s Nifty and Sensex soared on Monday, driven by strong rallies in IT stocks and Titan shares. Boosted by solid corporate earnings and rising investor confidence, the market was alive with excitement, Reuters reported