London stocks mixed as UK releases jobs data - Punch Newspapers

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The most widely read newspaper in Nigeria

London stocks finished in a mixed state on Tuesday, helped along by well-received earnings from the likes of BHP and Just Eat, as investors digested the latest United Kingdom jobs data.

IG senior market analyst Joshua Mahony was quoted as saying by Sharecast, “Today has seen markets cool on the idea that the Australian and New Zealand central banks will soon embark on a round of monetary tightening, with lockdown measures across both countries highlighting the economic risk that remains despite relatively low Covid cases.

On the economic front, UK job vacancies hit a record high in the May-to-July period amid staff shortages in many industries. The data showed that the number of payroll employees rose 182,000 to 28.9 million in July, although it remained 201,000 below pre-COVID-19 levels.Average weekly pay growth rose to 8.8 per cent in June from 7.4 per cent in May, hitting the highest level since the series began in 2001 and coming in above the Bank of England’s forecast of 8.5 per cent.

In equity markets, BHP Group closed up 3.4 per cent after reportedly agreeing to sell its petroleum business to Australia’s Woodside Petroleum, and posting a 42 per cent jump in full-year net profit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK PM Johnson calls for G7 leaders meeting on Afghanistan - Punch NewspapersThe most widely read newspaper in Nigeria Campaign after election. But you didn't call this meeting on behalf of Nigeria state knowing fully well what is going on. Shame on you!! Hippocrates
Source: MobilePunch - 🏆 8. / 63 Read more »

UK unemployment dips as economy reopens - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

Two Hospital Clowns At London Hospital, By Bayo Oluwasanmi | Sahara ReportersSix years into his second term, no new hospitals were built. In fact, the existing ones have become cow sheds. Lol Just see who is planning to be next president.. na wahooo Real Uk hospital clowns .
Source: SaharaReporters - 🏆 9. / 63 Read more »

President Buhari's Article In Financial Times Of LondonPresident Muhammadu Buhari’s thought provoking article titled, “Africa needs more than US military aid to defeat terror,” published in Financial Times Of What has Buhari been doing a former General for that matter. Show some backbone and commitment to ensuring security for all not just the politicians MBuhari NGRPresident
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Nigeria Receives 699,760 Vaccines Doses, Donated By UKNigeria unveiled 699,760 doses of the AstraZeneca-Oxford COVID-19 vaccine which were donated by the United Kingdom via the COVAX facility and flown into
Source: LeadershipNGA - 🏆 4. / 77 Read more »

UK inflation slows but expected to rise again | The Guardian Nigeria News - Nigeria and World NewsBritain's annual inflation rate slowed sharply last month as clothing retailers slashed prices in the pandemic-hit sector, official data showed Wednesday, but economists warned it will likely rise again.
Source: GuardianNigeria - 🏆 1. / 94 Read more »