Global Markets: Equity Indices in the United States on the second trading day of this week were firm in red, with the broader index S&P 500 index was down by 2.79 points or 0.10% at 2,883.94, the Dow Jones Industrial Average Index declined by 20.05 points or 0.08% in the today’s session and quoting at 26,042.63, and the technology benchmark index Nasdaq Composite decreased by 9.79 points or 0.13% and trading at 7,813.38, at the time of writing.
Global News: United States Prime Minister, Donald Trump commented that lower inflation in the US economy is a “beautiful thing” and he restarted his attacks on the Federal Reserve and quoted that even currency like Euro has devalued against the US dollar.
European Markets: The London’s broader equity benchmark index FTSE 100 traded at 22.91 points or 0.31% higher at 7,398.45, the FTSE 250 index snapped 16.12 points or 0.08% higher at 19,325.72, and the FTSE All-Share Index ended 10.81 points or 0.27% higher at 4,041.37 respectively. European benchmark index STOXX 600 ended 2.62 points or 0.69% higher at 380.89 respectively.
European News: European Commissions President Jean-Claude Juncker commented in a political event that, “a 585-page Brexit treaty will not be renegotiated”. It was not a deal between me and Theresa May, it’s an agreement between the United Kingdome and the European Union.
Another round of decent UK’s employment data has pushed the pound higher in the today’s market session, counterbalancing the yesterday’s losses as Britain’s wage growth was beyond the consensus in the wake of Brexit related uncertainties.
London Stock Exchange (LSE)
Top Performers Stocks: GULF MARINE SERVICES PLC (GMS), DIALIGHT PLC (DIA), and VP PLC (VP.) surged by 17.73 per cent, 9.62 per cent and 9.16 per cent respectively.
Top Laggards Stocks: TED BAKER PLC (TED), FUNDING CIRCLE HOLDINGS PLC (FCH), and CAPITAL & REGIONAL PLC (CAL) decreased by 29.05 per cent, 9.63 per cent and 8.64 per cent respectively.
FTSE 100 Index
FTSE100 Index: 5-days Price Chart as on June 11, 2019. (Source: Thomson Reuters)
Top Risers Stocks: HALMA PLC (HLMA), JUST EAT PLC (JE.) and NMC HEALTH PLC (NMC) rose by 4.10 per cent, 3.96 per cent and 3.75 per cent respectively.
Top Fallers Stocks: CENTRICA PLC (CNA), HARGREAVES LANSDOWN PLC (HL.) and TESCO PLC (TSCO) reduced by 1.84 per cent, 1.80 per cent and 1.26 per cent respectively.
Top Active Volume Leaders: LLOYDS BANKING GROUP PLC, VODAFONE GROUP PLC, and BT GROUP PLC.
Top Risers Sectors: Basic Materials (+2.07%), Technology (+1.03%), and Consumer Non-Cyclicals (+0.32%).
Top Fallers Sectors: Utilities (-0.27%) and Financials (-0.19%).
Foreign Exchange and Fixed Income
FX Rates*: GBP/USD and EUR/GBP were exchanging at 1.2725 and 0.8900 respectively.
10-Year Bond Yields*: US 10Y Treasury and UK 10Y Bond yields were trading at 2.140% and 0.849% respectively.
*At the time of writing
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