AUS
NZ
UK
CA
USA
IND
US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 20.33 points or 0.45 per cent lower at 4,499.70, Dow Jones Industrial Average Index dipped by 140.32 points or 0.40 per cent lower at 34,959.68, and the technology benchmark index Nasdaq Composite traded lower at 15,224.60, down by 149.70 points or 0.97 per cent against the previous day close (at the time of writing – 11:50 AM ET).
US Market News: The major indices of Wall Street traded in a red zone, reflecting ongoing investors’ worries regarding a possible economic slowdown. Among the gaining stocks, Citrix Systems (CTXS) shares rose by around 3.44% after activist Hedge Fund Elliott Management had bought a significant stake in the Company. Among the declining stocks, Nio (NIO) shares fell by around 5.78% after announcing a stock offering worth approximately USD 2 billion. Coupa Software (COUP) shares went down by about 2.17%, even after reporting better-than-expected quarterly results. PayPal Holdings (PYPL) shares dropped by around 1.33% after it had agreed to buy Japanese firm, Paidy in a lucrative deal.
UK Market News: The London markets traded in a red zone as investors anticipated fresh growth catalysts.
Dunelm Group shares surged by about 13.61% after the Company reported robust growth in top-line revenue and bottom-line profitability during FY21. Moreover, the Company had declared a special dividend considering the solid cash position at the end of FY21.
FTSE 100 listed Smiths Group shares grew by around 2.64% after the Company had agreed upon the sale of its Medical division to ICU Medical, Inc in a lucrative deal.
B&M European Value Retail S.A. had anticipated H1 FY22 adjusted EBITDA to remain more than the analysts' consensus estimate, benefitted by the encouraging business of General Merchandise and Seasonal categories. Furthermore, the shares rose by around 7.22%.
Avon Protection shares increased by around 1.53% after the Company secured a U.S. Army next-generation ballistic helmet contract worth approximately USD 87.60 million.
European Indices Performance (at the time of writing):
FTSE 100 Index One Year Performance (as on 8 September 2021)
1 Year FTSE 100 Chart (Source: EODHD/Others)
Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group PLC (LLOY); Barclays (BARC); Vodafone Group PLC (VOD).
Top 2 Sectors traded in green*: Utilities (+1.05%), Consumer Non-Cyclicals (+0.06%).
Top 3 Sectors traded in red*: Real Estate (-1.95%), Healthcare (-1.66%) and Consumer Cyclicals (-1.24%).
London Stock Exchange: Stocks Performance (at the time of writing)
Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $72.69/barrel and $69.34/barrel, respectively.
Gold Price*: Gold price was quoting at US$ 1,795.25 per ounce, down by 0.18% against the prior day closing.
Currency Rates*: GBP to USD: 1.3781; EUR to USD: 1.1827.
Bond Yields*: US 10-Year Treasury yield: 1.331%; UK 10-Year Government Bond yield: 0.7520%.
*At the time of writing
