FTSE 100 Live 25 September: Rightmove rejects REA takeover, index seen lower

2 hours ago 1

Index seen little contempt Asia momentum, sterling supra $1.34

The rebound of Asia banal markets has continued aft China’s cardinal slope lowered its medium-term lending installation complaint by 30 ground points to 2%.

The move, which follows stimulus measures announced yesterday, helped the Shanghai Composite and Hang Seng scale to emergence by different 1.2%.

US markets besides finished successful affirmative territory past night, led by the Nasdaq’s 0.6% improvement. The Dow Jones Industrial Average and S&P 500 scale roseate 0.2%.

The FTSE 100 scale faded towards the extremity of yesterday’s league to decorativeness 0.3% higher, with futures pointing to a diminution of 43 points to 8240 this morning.

Brent Crude is somewhat little astatine $74.86 a barrel, with sterling supra $1.34 astatine its strongest level since aboriginal 2022.

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