Market Pulse
Europe open: Stocks gain as earnings roll in; China trade data and German GDP in focus
European stocks rose in early trade on Thursday as investors sifted through a raft of earnings releases, the latest economic growth figures from Germany and Chinese trade data.
London open: Stocks edge up as Micro Focus, AstraZeneca rally
London stocks edged higher in early trade on Thursday, helped along by some well-received results from the likes of Micro Focus and AstraZeneca.
Ashmore revenue and AuM rise but profit drops in first half
FTSE 250 emerging markets asset manager Ashmore reported a rise in first-half assets under management and revenue on Thursday but a drop in profit as it hailed a positive start to 2019.
Rolls-Royce secures further engine orders from Emirates
Rolls-Royce has secured an order for Trent 7000 engines to power 40 Airbus A330neo aircraft from Emirates, it announced on Thursday.
Moneysupermarket revenues rise, chairman standing down
Moneysupermarket. com posted a jump in full-year revenue and operating profit on Thursday as it announced that chairman Bruce Carnegie-Brown is stepping down.
Thursday newspaper round-up: Nissan, Airbus, Utilitywise, Apple
Labour has accused the business secretary, Greg Clark, of misleading MPs by failing to tell parliament that a £61m package of state aid had been granted to Nissan, despite assuring the Commons that he would do so. Rebecca Long-Bailey, the shadow business secretary, said that as a result the cabinet minister had “dodged scrutiny” over the promises he had made to Nissan in October 2016 to boost manufacturing in Sunderland after Brexit. – Guardian.
London pre-open: Stocks seen lower after recent gains
London stocks were set to edge down at the open on Thursday following recent gains, but the mood was likely to remain upbeat amid rising optimism about an extension to the Sino-US trade truce and following solid Chinese trade data.
US close: Markets end higher as investors hope for truce extension
Wall Street trading ended on a positive note on Wednesday, with investors remaining hopeful of a trade truce extension between the US and China after Donald Trump said he would let the deal deadline slide if both parties were making headway.