TSX Lifted by Miners

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Amidst strong expectations of a rate cut by Bank of England, the FTSE 100 benchmark of the London Stock Exchange rebounded on Monday, more than recouping Friday's losses.

The FTSE 100 which had closed at 9,649.03 on Friday traded between 9,687.70 and 9,751.20 on Monday.

The index is currently trading at 9,745.20, having surged 1 percent from the previous close.

In the 100-scrip index, only 10 scrips are trading in the overnight red zone.

Antofagasta topped gains with a surge of 3.4 percent. International Consolidated Airlines Group as well as Auto Trader Group followed with gains of more than 3 percent.

Hikma Pharmaceuticals led losses with a decline of 1.1 percent.

Amidst the dollar's retreat, the six-currency Dollar Index has slipped 0.11 percent to 98.29 from the level of 98.40 at the previous close. The GBP/USD pair has increased 0.09 percent to 1.3384. The sterling ranged between $1.3396 and $1.3355 in the day's trade. The EUR/GBP pair edged down 0.05 percent to 0.8776. The GBP/JPY pair has also slipped 0.34 percent to 207.67.

With yields easing across tenors and regions, bonds in the U.K. also witnessed a drop in yields. Ten-year bond yields in the U.K. shed 0.33 percent to 4.5030 percent. The yields ranged between 4.5090 percent and 4.4860 percent over the course of the day. The same was at 4.5180 percent a day earlier.

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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Amidst strong expectations of a rate cut by Bank of England, the FTSE 100 benchmark of the London Stock Exchange rebounded on Monday, more than recouping Friday's losses.

The FTSE 100 which had closed at 9,649.03 on Friday traded between 9,687.70 and 9,751.20 on Monday.

The index is currently trading at 9,745.20, having surged 1 percent from the previous close.

In the 100-scrip index, only 10 scrips are trading in the overnight red zone.

Antofagasta topped gains with a surge of 3.4 percent. International Consolidated Airlines Group as well as Auto Trader Group followed with gains of more than 3 percent.

Hikma Pharmaceuticals led losses with a decline of 1.1 percent.

Amidst the dollar's retreat, the six-currency Dollar Index has slipped 0.11 percent to 98.29 from the level of 98.40 at the previous close. The GBP/USD pair has increased 0.09 percent to 1.3384. The sterling ranged between $1.3396 and $1.3355 in the day's trade. The EUR/GBP pair edged down 0.05 percent to 0.8776. The GBP/JPY pair has also slipped 0.34 percent to 207.67.

With yields easing across tenors and regions, bonds in the U.K. also witnessed a drop in yields. Ten-year bond yields in the U.K. shed 0.33 percent to 4.5030 percent. The yields ranged between 4.5090 percent and 4.4860 percent over the course of the day. The same was at 4.5180 percent a day earlier.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

US stocks rose on Monday, with the S&P 500 rising 0.5%, the Dow Jones adding 220 points and the Nasdaq gaining 0.6%, rebounding from Friday’s tech-driven selloff sparked by concerns over sticky inflation and debt-fueled AI investments.

Traders are bracing for a week packed with key economic data that will help gauge the health of the US economy, including the jobs report and CPI release.

Market participants are also awaiting comments from several Fed officials, as well as further news on the next Fed Chair, following reports that President Trump has narrowed his choice to former Federal Reserve Governor Kevin Warsh or National Economic Council Director Kevin Hassett.

Consumer discretionary was the top-performing sector, while energy failed to move into positive territory.

Among megacaps, Nvidia gained 1.6% and Tesla soared more than 4% while Broadcom lost 1%, extending the 11.4% drop on Friday.

IPC increased to an all-time high of 65052.00 Index Points.

Over the past 4 weeks, IPC Mexico gained 2.62%, and in the last 12 months, it increased 25.6%.

The Ibovespa climbed nearly 1% on Monday, trading close to the 162,000 mark, tracking gains in US markets and extending its rally to a fourth consecutive session.

Investors digested fresh domestic data, with the central bank’s Focus Bulletin showing the median CPI forecast easing again to 4.36% from 4.40%, while expectations for the Selic rate in 2026 were also revised lower to 12.13% from 12.25%.

At the same time, the IBC-Br economic activity index signaled a 0.2% month-on-month contraction.

On the corporate front, Rede D’Or São Luiz was among the top performers, surging more than 4% after approving the distribution of Interest on Equity and dividends to shareholders.

Braskem also gained over 4% after announcing that conglomerate Novonor had signed an agreement to sell its controlling stake to private equity firm IG4 Capital.

Major banks advanced as well, led by Itaú, up 0.7%, and Bradesco, which rose more than 1%.

Next year could be a record for shareholder payouts, with dividends of 86 billion pounds paid across the FTSE 100 companies, according to an AJ Bell report. Net forecasts from analysts suggest dividend payments will hit 80.7 billion pounds for 2025, with higher payments next year and the year after. Investors should note that yields from the index are slowly declining, however, while concentration risk could also threaten dividend forecasts being met, AJ Bell investment director Russ Mould writes. HSBC and Shell are forecast to be the biggest dividend payers for 2025, returning 9.2 billion pounds and 6.3 billion pounds to shareholders, respectively. (josephmichael.stonor@wsj.com)