How The FTSE 100 Index Behaved In Friday’s Session?

  • Jun 21, 2019 BST
  • Team Kalkine
How The FTSE 100 Index Behaved In Friday’s Session?

Global Markets: The benchmark indices at the Wall Street were trading in mix, with broader index S&P 500 added 0.69 points or 0.04% in the today’s session, and quoting at 2,954.79, the Dow Jones Industrial Average index added 61.39 points or 0.23%, and trading at 26,814.56 and the technology benchmark index Nasdaq Composite fell of marginally against the previous day closing price and quoting at 8,039.91, at the time of writing.

Global News: US President Donald Trump said that he had planned to hit three sites in response to the downing of a drone in Iran but aborted because it could have killed 150 people. He also added that he wanted talks on a range of issues and was against the war, in a sign that the United States is also open to diplomacy. Optimism trade talks between the US and China rekindled after US Vice President Mike Pence decided to defer a planned speech on China policy, sending S&P 500 to a new all-time high on Friday.

European Markets: The London’s broader equity benchmark index FTSE 100 traded at 16.94 points or 0.23% lower at 7,407.50, the FTSE 250 index snapped 59.53 points or 0.31% lower at 19,324.60, and the FTSE All-Share Index ended 9.71 points or 0.24% lower at 4,045.12 respectively. European benchmark index STOXX 600 ended 1.40 points or 0.36% lower at 384.76 respectively.

European News: Jeremy Hunt will face Boris Johnson in a contest to succeed Theresa May as the new Prime Minister, with odds forecasting a win by Johnson in late July. After Brexiteer Johnson looked closer to becoming the next British prime minister, Sterling on Friday was trading near its five-month lows against the euro. Donald Tusk said that the position of the European Union has not changed, but the new prime minister might energise the process.

London Stock Exchange (LSE)

Top Performers Stocks: PENDRAGON PLC (PDG), AO WORLD PLC (AO.), and KELLER GROUP PLC (KLR) surged by 10.17 per cent, 8.80 per cent and 8.04 per cent respectively.

Top Laggards Stocks: NANOCO GROUP PLC (NANO), BAKKAVOR GROUP PLC (BAKK), and LOOKERS PLC (LOOK) decreased by 73.85 per cent, 9.88 per cent and 9.64 per cent respectively.

FTSE 100 Index

 FTSE100 Index: 5-days Price Chart as on June 21, 2019. (Source: Thomson Reuters)

Top Risers Stocks: OCADO GROUP PLC (OCDO), STANDARD LIFE ABERDEEN PLC (SLA) and FRESNILLO PLC (FRES) rose by 4.17 per cent, 2.25 per cent and 1.66 per cent respectively.

Top Fallers Stocks: HIKMA PHARMACEUTICALS PLC (HIK), SMURFIT KAPPA GROUP PLC (SKG) and ROLLS-ROYCE HOLDINGS PLC (RR.) reduced by 3.48 per cent, 3.40 per cent and 3.40 per cent respectively.

Top Active Volume Leaders: LLOYDS BANKING GROUP PLC, VODAFONE GROUP PLC, and BP PLC.

Top Risers Sectors: Energy (+0.58%), Utilities (+0.40%) and Basic Materials (+0.07%).

Top Fallers Sectors: Healthcare (-1.65%), Telecommunications Services (-1.03%) and Industrials (-0.66%).

Foreign Exchange and Fixed Income

FX Rates*: GBP/USD and EUR/GBP were exchanging at 1.2734 and 0.8926 respectively.

10-Year Bond Yields*: US 10Y Treasury and UK 10Y Bond yields were trading at 2.066% and 0.849% respectively. 

*At the time of writing

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