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Home International Markets

UK stocks edge up 0.1% at start

byCustoms Today Report
25/02/2015
in International Markets
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LONDON: UK stocks edges up 0.1 percent on Tuesday, with the cash market also set for a steady start according to financial bookmakers.

The UK blue chip index closed flat at 6,912.16 points on Monday.

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Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged further belt tightening to withstand the tough conditions.

Greece will present its economic reform plans to the euro zone on Tuesday, a government official said, missing a Monday deadline for the list which is a condition for extending the country’s financial lifeline.

The U.S. Department of Justice and the Commodity Futures Trading Commission are investigating at least 10 major banks for possible rigging of precious-metals markets, the Wall Street Journal reported, citing people close to the inquiries.

 

Tags: UK stocks

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