FTSE 100 recoups last session losses, up by over 0.5%

January 11, 2022 03:16 PM GMT | By Sreenivas D Ajankar
 FTSE 100 recoups last session losses, up by over 0.5%
Image source: Copyright © 2021 Kalkine Media Pty Ltd.

US Markets: The US market is likely to make a flat start, as indicated by the future index movement. S&P 500 future was down by 2 points or 0.05% at 4,659, while the Dow Jones 30 futures was down by 0.05% or 19 points at 35,933. The technology-heavy index Nasdaq Composite future was down by 0.18% at 15,579 (At the time of writing – 8:50 AM ET).

US Market News:

Shares of the electric carmaker Tesla (TSLA) rose by 0.9% in premarket trading after the company sold 70,847 electric vehicles in December, which were manufactured in China. It is the highest single-month sales for the company since it started production in China in 2019.

Shares of the Vir Biotechnology (VIR) rose nearly 9% in premarket after the United States bought additional 600,000 doses of antibody vaccines which the company manufactures along with UK-based partner GSK.

Shares of the chipmaker Intel (INTC) rose nearly 1.1% after the company appointed David Zinsner as its new CFO and executive vice president.

UK Market News: The UK stock market trades in a positive territory, recovering some ground after yesterday’s fall. Amongst top gainers is investment firm, Scottish Mortgage Investment Trust Plc (4.39%). The shares of the tech investment firm were trading up after recovery in the US technology-heavy Nasdaq index. The mid-cap focused FTSE250 index was up by 0.45%.

Harvest Minerals Ltd (LON:HMI): Shares of the mineral exploration company were up by over 29%, with a day’s high of GBX 6.75. The stock price continues to show positive momentum following the announcement of growth in sales performance during the fourth quarter. The share price is up by over 43% since the start of the new year.

Darktrace Plc (LON: DARK): Shares of the cybersecurity firm were up by over 10%, with a day’s high of GBX 495.20 after the company announced its business update for the six months to 31 December 2021. The firm reported a 39.6% growth in the number of customers and expects at least 50% growth in revenue.

Shoe Zone Plc (LON: SHOE): Shares of the foot retailer were up by over 17%, with a day’s high of GBX 142.50 after the company returned to profitability for the financial year ended 2 October 2021. The profit before tax stood at £9.5 million.

European Indices Performance (at the time of writing):

European Indices Performance

FTSE 100 Index One Year Performance (as on 11 January 2022)

1 Year FTSE 100 Chart

(Source: Refinitiv)

Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group plc (LLOY), Vodafone Group Plc (VOD), BHP Group Plc (BHP)

Top 3 Sectors traded in green*: Energy (1.45%), Consumer Cyclicals (1.42%), Healthcare (1.12%),

Top 2 Sectors traded in red*: Consumer Non-Cyclicals (-0.19%), Real Estates (-0.47%)

London Stock Exchange: Stocks Performance (at the time of writing)

Stock Performance On LSE

Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $82.38/barrel and $79.84/barrel, respectively.

Gold Price*: Gold price quoted at US$ 1,801 per ounce, up by 0.17% against the prior day closing.

Currency Rates*: GBP to USD: 1.3571; EUR to USD: 1.1325.

Bond Yields*: US 10-Year Treasury yield: 1.778%; UK 10-Year Government Bond yield: 1.1835%.

*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