AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
UK Market: The UK stock market, coming out of the sluggishness of the last session, strengthened on Friday. Blue-chip FTSE 100 index was up by 0.19%, supported by stocks like Rentokil Initial Plc (3.61%) and Rolls-Royce Holdings Plc (3.02%). The mid-cap-focused FTSE 250 index was up by 0.66%. The market shrugged off the weak consumer confidence data. GfK reported that consumer confidence fell to its lowest level in 16 months to minus 31.
Airtel Africa Plc (LON: AAF): The telecom service provider’s share was down by around 10%, with a day’s low of GBX 138.10. The stock price declined after the company’s major shareholder Singapore Telecom International Pte Ltd, sold 60 million ordinary shares in the company.
Goldstone Resource Limited (LON:GRL): The AIM-listed mining company was up by over 21%, with a day’s high of GBX 10.15 after the company announced that it had begun gold production at its Homase Mine with 1,717 troy ounces of gold produced and sold to date
Homeserve Plc (LON: HSV): The home repair and improvement service provider was up by over 8.5%, with a day’s high of GBX 939, as the investors anticipate that the company could receive a possible takeover offer from the private equity firm.
US Markets: The US market is likely to extend gains with a positive start, as indicated by the futures indices. S&P 500 future was up by 5 points or 0.11% at 4,517, while the Dow Jones 30 future was up by 0.26% or 88 points at 34,696. The technology-heavy index Nasdaq Composite future was down by 0.08% at 14,695 (At the time of writing – 8:50 AM ET).
US Market News:
Shares of broadcasting services provider Shaw Communications (SJR) were up by over 2% in the premarket trading after the Canadian regulators gave conditional approval to Rogers Communications for its USD 16 billion takeover of the company’s broadcasting services.
Shares of China-based companies listed on the US stock exchange like Alibaba (BABA), Didi Global (DIDI), JD.com (JD) turned lower in the premarket trading as investors remain concerned about the tighter regulatory actions by the Chinese government that may lead to potential delisting of these companies.
European Indices Performance (at the time of writing):
Image- Description- European Indices Performance
FTSE 100 Index One Year Performance (as on 25 March 2022)
(Source: Refinitiv)
1 Year FTSE 100 Chart
Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group plc (LLOY), Airtel Africa Plc (AAF)
Glencore plc (GLEN)
Top 3 Sectors traded in green*: Real Estate (2.18%), Industrials (0.67%), Basic Materials (0.54%),
Top 3 Sectors traded in red*: Consumer Cyclicals (-0.31%), Technology (-0.30%), Financials (-0.09%)
London Stock Exchange: Stocks Performance (at the time of writing)
Image- Description- Stock Performance On LSE
Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $117.41/barrel and $110.69/barrel, respectively.
Gold Price*: Gold price quoted at US$ 1,947 per ounce, up by 0.76% against the prior day’s closing.
Currency Rates*: GBP to USD: 1.3188; EUR to USD: 1.1012.
Bond Yields*: US 10-Year Treasury yield: 2.464%; UK 10-Year Government Bond yield: 1.6810%.
*At the time of writing
