FTSE 100 remains range-bound; Wall Street set to get a muted start  

December 31, 2021 01:58 AM AEDT | By Sreenivas D Ajankar
 FTSE 100 remains range-bound; Wall Street set to get a muted start  

US Markets: The US market is likely to get a quiet start in trades today, taking cues from the Asian markets. S&P 500 future was up by 6 points or 0.15% at 4,791, while the Dow Jones 30 futures was up by 0.16% or 57 points at 36,439. The technology-heavy index Nasdaq Composite future was up by 0.15% at 16,515 (At the time of writing – 8:50 AM ET).

 US Market News: Shares of the biotechnology firm Biogen (BIIB) was down by over 6% in the premarket trading after Samsung denied the media reports that it was in talk with the company for a possible acquisition. The shares of the airline company JetBlue (JBLU) was down by nearly 1% after the company confirmed that it had cut down nearly 1,300 flights amid the rise in Covid-19 infections across different destinations.

UK Market News: The UK stock market held its ground trading in positive territory. The benchmark FTSE 100 index was modestly up by 0.02% at 7,421, while the mid-cap focused FTSE 250 index was at 23,500. The UK stock market followed the Asian peers, where major indices traded in a range throughout the day.

Univision Engineering Limited (LON:UVEL): Shares of the electronics equipment maker was down by 11.77%, with a day’s low of GBX 0.65 after the company announced its interim result for the six months ended 30 September 2021. The company’s profit declined during the period.

Rio Tinto Plc (LON: RIO): The metal and mining company’s shares were up by 1.35%, with a day’s high of GBX 4,925. The stock saw buying interest from investors amid anticipation of commodity price rise in the international market.

IOFINA Plc (LON:IOF): Shares of the speciality chemical company were up by over 10.6%, with a day high of GBX 19.75 after the company announced a positive business update. The company said it had achieved its crystalline iodine production target of 260-275 MT set for the second half of 2021.

European Indices Performance (at the time of writing):

 European Indices Performance

FTSE 100 Index One Year Performance (as of 30 December 2021)

1 Year FTSE 100 Chart

(Source: Refinitiv)

Top 3 Volume Stocks on FTSE 100*: Lloyds Banking Group plc (LLOY), Vodafone Group Plc (VOD), International Consolidated Airlines Group (IAG)

Top 3 Sectors that traded in green*: Real Estate (0.64%), Basix Materials (0.46%), Healthcare (0.28%),

Top 3 Sectors that traded in red*: Industrials (-0.24%), Utilities (-0.20%), Financials (-0.12%)

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

Stocks performance on LSE

Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $79.19/barrel and $76.47/barrel, respectively.

Gold Price*: Gold price quoted at US$ 1,800 per ounce, down by 0.31% against the prior day closing.

Currency Rates*: GBP to USD: 1.3498; EUR to USD: 1.1320.

Bond Yields*: US 10-Year Treasury yield: 1.538%; UK 10-Year Government Bond yield: 0.9785%.

*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 Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. 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 that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website 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 as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
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.