FTSE-100 Index Accelerated by 2.39%; Melrose Industries up 5.84%

2 min read | September 07, 2020 02:11 PM BST | By Team Kalkine Media

European News: The UK markets rallied on Monday and traded in green. Halifax Housing Price index for the UK increased by 1.6 percent month on month in August 2020 that was above an expected increase of 1.5 percent. Among the gainers - shares of Future PLC surged by around 15.2 percent after the company announced that it expects the operating profit for FY2020 to be above market expectation. Dechra Pharmaceuticals shares were up by close to 7.9 percent after the company reported an increase in FY2020 revenue. Associated British Foods was up by close to 1.3 percent after the company said that its business activity in the fourth quarter was above its expectation for food and Primark. Hochschild was up by around 1.1 percent although the company stated that it expects lower production in 2020. Among the decliners, Diaceutics plunged by approximately 27.7 percent after the company indicated that it would incur EBITDA loss in FY20. Foresight Solar Fund was down by about 0.4 percent after the company announced the acquisition of a solar project in Spain.

European Index Performance*

FTSE 100 Index One Year Performance (as on 7 September 2020)

1 Year FTSE 100 Chart (Source: EODHD/Others, Thomson Reuters)

Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group Plc (LLOY); Bp Plc (BP.); Vodafone Plc (VOD).

Top 3 Sectors traded in green*: Healthcare (+3.80%), Technology (+3.36%) and Utilities (+3.14%).

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 $42.02 per barrel and $39.08 per barrel, respectively.

Gold Price*: Gold price was quoting at US$1,934.60 per ounce, up by 0.02% against the prior day closing.

Currency Rates*: GBP to USD: 1.3167; EUR to GBP: 0.8975.

Bond Yields*: U.S 10-Year Treasury yield: 0.721%; UK 10-Year Government Bond yield: 0.244%.

*At the time of writing


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next