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17.05.2024 11:16:19 - dpa-AFX: FTSE 100 Drifts Lower As Chancellor Jeremy Hunt Promises Tax Cuts
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks traded lower on Friday as
chancellor Jeremy Hunt delivers a speech on the state of the economy ahead of
the general election.
The chancellor promised further tax cuts if the Conservatives win the general
election, and has accused his shadow, Labour's Rachel Reeves, of plotting hikes
to fund the opposition party's spending pledges.
The benchmark FTSE 100 was down 26 points, or 0.3 percent, at 8,412 after
finishing marginally lower on Thursday.
In corporate news, property development firm Land Securities fell 2.3 percent
after annual earnings from rental income dropped to £371 million from £393
million in 2023.
Consumer goods giant Unilever rose half a percent after launching its ¤1.5bn
share buyback program.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
chancellor Jeremy Hunt delivers a speech on the state of the economy ahead of
the general election.
The chancellor promised further tax cuts if the Conservatives win the general
election, and has accused his shadow, Labour's Rachel Reeves, of plotting hikes
to fund the opposition party's spending pledges.
The benchmark FTSE 100 was down 26 points, or 0.3 percent, at 8,412 after
finishing marginally lower on Thursday.
In corporate news, property development firm Land Securities fell 2.3 percent
after annual earnings from rental income dropped to £371 million from £393
million in 2023.
Consumer goods giant Unilever rose half a percent after launching its ¤1.5bn
share buyback program.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
CAC 40 | 969400 | Paris | 8.001,97 | 07.06.24 15:53:45 | -38,15 | -0,47% | - | - | 8.046,92 | 8.040,12 |
|
FTSE 100 | 969378 | Financial Times SE | 8.260,46 | 07.06.24 15:54:21 | -24,88 | -0,30% | - | - | 8.285,34 | - |
|
DAX ® | 846900 | Xetra | 18.541,54 | 07.06.24 15:54:23 | -111,13 | -0,60% | - | - | 18.649,08 | 18.652,67 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 5.053,67 | 07.06.24 15:54:15 | -15,42 | -0,30% | 0,000 | - | 5.072,88 | 5.069,09 |
