FTSE 100, FTSE 250 and other Global Indices Trend Lower

  • Sep 23, 2019 BST
  • Team Kalkine
FTSE 100, FTSE 250 and other Global Indices Trend Lower

Global Markets*: At the time of writing (at 06:15 PM GMT, before the market close), the benchmark indices in the United States were trading in green on the first trading session of this week, with the Dow Jones Industrial Average Index increased by 44.22 points or 0.16% to 26,979.29, the broader S&P 500 index expanded by 3.31 points or 0.11% to 2,995.34 and the technology benchmark index Nasdaq Composite surged by 6.22 points or 0.08% to 8,123.90, respectively.

Global News: In the midst of the increasing impeachment talk from the democrats against the President, Trump has a made a statement regarding the controversy surrounding his call with Ukraine’s president about Vice President Joe Biden saying that that “they don’t want the people, like Vice-President Biden and his son, adding to the corruption and instability already in the Ukraine.”

S&P 500 (SPX)

Top Performers*: Ulta Beauty Inc (ULTA), Tractor Supply Co (TSCO) and Dollar General Corp (DG) are top gainers and increased by 2.86%, 2.84% and 2.82% respectively.

Worst Performers*: McKesson Corp (MCK), Take-Two Interactive Software Inc (TTWO) and Incyte Corp (INCY) are the top three laggards and decreased by 3.46%, 3.20% and 2.86% respectively.

NASDAQ Composite (IXIC)

Top Performers*: Plus Therapeutics Inc (PSTV), Avadel Pharmaceuticals PLC (AVDL), and Arotech Corp (ARTX) are top gainers and increased by 39.03%, 31.45% and 30.53% respectively.

Worst Performers*: Reebonz Holding Ltd (RBZ), Onconova Therapeutics Inc (ONTX) and Akcea Therapeutics Inc (AKCA) are the top three laggards and decreased by 36.82%, 22.50% and 21.59% respectively.

Dow Jones Industrial Average (DJI)

Top Performers*: Nike Inc (NKE), Home Depot Inc (HD) and Mcdonald's Corp (MCD) are top gainers and increased by 1.29%, 0.91% and 0.79% respectively.

Worst Performers*: Dow Inc (DOW), United Health Group Inc (UNH) and Walgreens Boots Alliance Inc (WBA) are the top three laggards and decreased by 2.03%, 1.67% and 1.23% respectively.

Top Performing Sectors*: Utilities (up 0.42%), Financials (up 0.18%) and Consumer Non-Cyclicals (up 0.03%).

Worst Performing Sectors*: Consumer Cyclicals (down 0.60%), Healthcare (down 0.43%) and Industrials (down 0.42%).

European Markets: The London’s broader equity benchmark index FTSE 100 traded at 18.84 points or 0.26% lower at 7,326.08, the FTSE 250 index snapped 125.61 points or 0.62% lower at 20,043.79, and the FTSE All-Share Index ended 13.08 points or 0.32% lower at 4,029.78 respectively. Another European equity benchmark index STOXX 600 ended at 389.80, down by 3.15 points or 0.80 per cent.

European News: Thomas Cook announced that it had entered into compulsory liquidation as it failed to secure a deal with creditors or a government bailout, leaving hundreds of thousands of travellers stranded and prompting the greatest peacetime repatriation effort in British history. The IHS Markit Household Finance Index reported that households expected darker future prospects and worry more about their financial prospects now than at any time since 2013, as the index sank to a four-month low of 43.1 in September. Due to a lack of clarity in US-China trade talks, which prompted a decline in banking and mining stocks, FTSE 100 index shed early gains on Monday to trade in negative territory. Following weaker-than-expected German data, 10-year sovereign bond yields fell to a two-week low.

London Stock Exchange

Top Performers*: ON THE BEACH GROUP PLC (OTB), HEADLAM GROUP PLC (HEAD) and TUI AG (TUI) are top gainers and increased by 8.79%, 6.94% and 6.19% respectively.

Worst Performers*: NMC HEALTH PLC (NMC), ASA INTERNATIONAL GROUP PLC (ASAI) and INTERNATIONAL PERSONAL FINANCE PLC (IPF) are the top three laggards and decreased by 7.39%, 6.49% and 6.30% respectively.

FTSE 100 Index

Five days Price Performance (September-23-2019), before the market closed; Source: Thomson Reuters

Top Gainers*: TUI AG (TUI), FRESNILLO PLC (FRES) and UNILEVER PLC (ULVR) are top gainers and increased by 6.19%, 3.46% and 1.85% respectively.

Top Laggards*: NMC HEALTH PLC (NMC), MARKS & SPENCER GROUP PLC (MKS) and MICRO FOCUS INTERNATIONAL PLC (MCRO) are top losers and decreased by 6.98%, 5.11% and 4.25% respectively.

Volume Leaders*: (LLOY) LLOYDS BANKING GROUP PLC; (VOD) VODAFONE GROUP PLC; (GLEN) GLENCORE PLC.

Top Performing Sectors*: Consumer Non-cyclicals (up 0.42%), Healthcare (up 0.41%) and Energy (up 0.20%).

Worst Performing Sectors*: Financials (down 1.07%), Basic Materials (down 0.99%) and Technology (down 0.86%).

Currency Exchange Rates*: GBP/USD and EUR/GBP were quoting at 1.2433 and 0.8836.

US and UK 10-Year Bond Yields*: The US 10-year and the UK 10-year Bond yields were quoting at 1.673% and 0.552% respectively.

*At the time of writing

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