FTSE-100 Index Expanded by 1.32% at Close of Trade; Ocado Stock up by 10.74%

  • Sep 15, 2020 BST
  • Team Kalkine
FTSE-100 Index Expanded by 1.32% at Close of Trade; Ocado Stock up by 10.74%

US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 29.16 points or 0.86 per cent higher at 3,412.70, Dow Jones Industrial Average Index expanded by 100.66 points or 0.36 per cent higher at 28,093.99, and the technology benchmark index Nasdaq Composite traded higher at 11,213.86, up by 157.21 points or 1.42 per cent against the previous day close (at the time of writing, before the US market close at 12:25 PM ET).

US Market News: The Wall Street advanced for the second straight day of the week as the US Census Bureau reported that the poverty rate in the US fell by 1.3 percent in 2019. The US industrial production increased by 0.4 percent month on month in August 2020, which was below the expected increase of 1.0 percent. Among the stocks that trended upwards, ViacomCBS gained by close to 3.1 percent after the company stated that it would rebrand CBS All Access streaming service as Paramount+ in early 2021. Kraft Heinz was up by around 1.7 percent after the reports that company would slash USD 2 billion in costs over the next five years. Amazon was up close to 0.5 percent after it announced, “luxury stores”, a new shopping platform. Among the decliners, shares of Nikola plunged by around 6.4 percent after the SEC is looking into short seller’s claims. Walmart was down by about 0.2 percent after the company launched its membership programme Walmart+.

US Stocks Performance*

European News: The UK and European markets advanced amid the much-needed clarity over the Brexit deal. The unemployment rate in the UK increased by 4.1 percent for three months to July 2020. As per industry expert’s data, grocery sales in the UK grew by 8.0 percent in August 2020. Among the gaining stocks, Ocado shares surged by around 8.4 percent after the company reported 52 percent growth in the retail revenue for 13 weeks to 30 August 2020. Chemring moved up by around 7.7 percent after the company highlighted an increase in order intake. Polypipe shares were up by about 5.4 percent after the company reported improved performance in July and August 2020. BHP shares were up by close to 1.1 percent after the company released a report on payment to the government. Among the decliners, Marshalls was down by about 7.1 percent after the company experienced a fall in sales in H1 FY2020. Kape Technologies was down by about 5.3 percent after the company reported a lower profit in H1 FY2020.

European Index Performance*:

FTSE 100 Index One Year Performance (as on 15 September 2020)

  1 Year FTSE 100 Chart (Source: Refinitiv, Thomson Reuters)

Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group Plc (LLOY); International Consolidated Airlines Group SA (IAG); BP Plc (BP.).

Top 3 Sectors traded in green*: Basic Materials (+2.21%), Healthcare (+1.59%) and Consumer Cyclicals (+1.42%).

Top Sector traded in red*: Telecommunications Services (-0.50%).

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 $40.60/barrel and $38.36/barrel, respectively.

Gold Price*: Gold price was quoting at US$1,963.45 per ounce, down by 0.02% against the prior day closing.

Currency Rates*: GBP to USD: 1.2889; EUR to GBP: 0.9193.

Bond Yields*: US 10-Year Treasury yield: 0.679%; UK 10-Year Government Bond yield: 0.214%.


*At the time of writing


The website https://kalkinemedia.com/uk is a service of Kalkine Media Ltd, Company Number 12643132. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform.


With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK