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 was trading in the negative territory on Thursday, with the blue-chip FTSE100 index losing over 0.1 per cent. This happened after mixed earning updates from companies and rising concerns about the darkening economic outlook overshadowed the relief provided by Fed with its less hawkish comments that had encouraged a rally on Wall Street. However, some companies, including Shell and Centrica reported extraordinary profits owing to soaring commodity prices.
Shell plc (LON: SHEL): The shares of the oil and gas giant, Shell plc, surged by 1.94%, with a day’s high of GBX 2,158.50. The company has reported record-high earnings of £9.4 billion in the second quarter and is going for a £4.9 billion share buy-back.
Centrica plc (LON: CNA): The shares of the British electricity and gas provider, Centrica plc, plunged by 1.69%, with a day’s high of GBX 89.44. The company has reported adjusted operating profits of £857 million and has also restarted dividend payments.
Smurfit Kappa Group Plc (LON: SKG): The shares of the paper-based packaging business, Smurfit Kappa Group Plc, rallied by 4.98%, with a day’s high of GBX 2,992.00. The company has reported that its revenue has grown by 36% in the first half of the year and has reached €6,385m.
US Markets: The US market is likely to get a sluggish start, as indicated by the futures indices. S&P 500 future was down by 10.25 points or 0.25% at 4,014.25, while the Dow Jones 30 future was down by 0.19% or 62 points at 32,112.00. The technology-heavy index Nasdaq Composite future was also down by 0.68% or 86 points, at 12,536.25. (At the time of writing – 8:30 AM ET).
European Indices Performance (at the time of writing):
_07_28_2022_14_02_32_979283.PNG)
FTSE 100 Index One Year Performance (as on 28 July)
_07_28_2022_14_03_02_696425.PNG)
(Source: Refinitiv)
Top 3 Volume Stocks in FTSE 100*: Lloyds Banking Group plc (LLOY), Barclays plc (BARC), Vodafone Group plc (VOD)
Top 3 sectors traded in red*: Technology (-3.72%), Healthcare (-1.52%), Utilities (-1.40%)
Top 3 sectors traded in green*: Basic Materials (2.4%), Energy (1.16%), Industrials (0.48)
London Stock Exchange: Stocks Performance (at the time of writing):
_07_28_2022_14_03_32_175889.PNG)
Crude Oil Future Prices*: Brent future crude oil (future) price and WTI crude oil (future) price were hovering at $99.66/barrel and $104.00/barrel, respectively.
Gold Price*: Gold price was quoting at US$ 1,735.40 per ounce, up by 0.95% against the prior day closing.
Currency Rates*: GBP to USD: 1.2115; EUR to USD: 1.0131.
Bond Yields*: US 10-Year Treasury yield: 2.769%; UK 10-Year Government Bond yield: 1.9925%.
*At the time of writing
