AIRLINK 74.11 Decreased By ▼ -0.45 (-0.6%)
BOP 5.04 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.45 Decreased By ▼ -0.01 (-0.22%)
DFML 40.18 Increased By ▲ 0.45 (1.13%)
DGKC 87.31 Decreased By ▼ -0.24 (-0.27%)
FCCL 21.90 Decreased By ▼ -0.03 (-0.14%)
FFBL 35.10 Increased By ▲ 0.51 (1.47%)
FFL 9.95 Increased By ▲ 0.20 (2.05%)
GGL 10.52 Increased By ▲ 0.03 (0.29%)
HBL 114.20 Increased By ▲ 0.41 (0.36%)
HUBC 136.20 Decreased By ▼ -0.32 (-0.23%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.83 Increased By ▲ 0.16 (3.43%)
KOSM 4.64 No Change ▼ 0.00 (0%)
MLCF 38.45 Decreased By ▼ -0.01 (-0.03%)
OGDC 136.13 Decreased By ▼ -0.01 (-0.01%)
PAEL 27.00 Increased By ▲ 0.39 (1.47%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.70 Increased By ▲ 0.03 (0.45%)
PPL 123.40 Increased By ▲ 1.11 (0.91%)
PRL 27.12 Increased By ▲ 0.15 (0.56%)
PTC 14.05 Increased By ▲ 0.14 (1.01%)
SEARL 60.35 Increased By ▲ 0.48 (0.8%)
SNGP 70.60 Increased By ▲ 0.54 (0.77%)
SSGC 10.41 Increased By ▲ 0.06 (0.58%)
TELE 8.57 Increased By ▲ 0.03 (0.35%)
TPLP 11.25 Decreased By ▼ -0.09 (-0.79%)
TRG 65.48 Decreased By ▼ -0.52 (-0.79%)
UNITY 26.35 Increased By ▲ 0.02 (0.08%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,845 Increased By 21 (0.27%)
BR30 25,482 Increased By 76.6 (0.3%)
KSE100 75,277 Increased By 193.4 (0.26%)
KSE30 24,132 Increased By 38.6 (0.16%)

British equities edged higher on Tuesday lifted by a surge in the personal goods sector, while investors assessed economic data that shows a slowing UK economy.

Both the benchmarks FTSE 100 and FTSE 250 rose 0.1% and 0.3%, respectively.

The personal goods sector gained 2.2%, led by a surge in Watches of Switzerland as the company kept its sales and profit forecast for 2024 unchanged.

The stock soared 13.2% in early trade.

Homebuilders rose 1.1 % after British house prices ended six months of consecutive falls in October, reflecting a lack of homes being put up for sale.

FTSE 100 falls on energy drag, but logs weekly gains

Persimmon rose 2.1% as it said it would build more homes this year than its earlier expectation.

Vistry, too, climbed 2.5% as it announced an 819 million pound ($1 billion) deal with Blackstone-backed firms Leaf Living and Sage Homes to deliver 2,915 homes starting this year.

Precious metal miners, however, slid 1%, leading losses, after gold slipped to a near two-week low.

Oil and gas shares fell 0.8% on lower prices. Naked Wines dropped 23.3% after it slashed its annual revenue and profit outlook on weak performance in the US market.

Comments

Comments are closed.