London’s broader equity benchmark FTSE 100 index ended 27.66 points higher against its previous day close, with Industrials and Financials were the top performing sectors on the FTSE 100 index.
Global Update: Shares in the United States were trading in red on Monday due to the decline in the construction spending for December month. At the time of writing Dow Jones (.DJI) was quoting at 25,698, fell by 327.78 points or 1.26%, S&P 500 Index (.SPX) was trading at 25.81 points or 0.92% lower at 2,777.88, and the technology benchmark index Nasdaq Composite (.IXIC) was quoting at 7,538.00, down by 57.35 points or 0.76% in Monday’s session.
European Market Update: European broader equity benchmark FTSE 100 index ended 27.66 points or 0.39% higher at 7,134.39 against its previous day closing price, the FTSE 250 index ended 11.78 points or 0.06% higher at 19,411.43 and the FTSE All Share index closed Monday’s session at 3,923.73, up by 12.66 points or 0.32% against its Friday’s close. Another European equity benchmark STOXX 600 ended higher at 375.09, up by 0.85 points or 0.23% against its previous day close.
London Stock Exchange Cues
Top Performers: Stocks like KELLER GROUP PLC (KLR), DIALIGHT PLC (DIA) and FINDEL PLC (FDL) were among the top performers on the London Stock Exchange and were up by 15.32 per cent, 12.65 per cent and 8.02 per cent respectively.
Top Losers: Stocks like SYNTHOMER PLC (SYNT), GULF MARINE SERVICES PLC (GMS) and HUNTSWORTH PLC (HNT) were among the top losers on the London Stock Exchange and were down by 8.11 per cent, 6.56 per cent, and 4.95 per cent respectively.
Broader Market FTSE 100 Cues
Gainers: Stocks like RIGHTMOVE PLC (RMV), NMC HEALTH PLC (NMC) and SMITH (DS) PLC (SMDS) were among the top gainers in the Monday’s session on the broader equity benchmark FTSE 100 index and were up by 5.15 per cent, 3.70 per cent, and 2.85 per cent respectively.
Laggards: Stocks like INTERNATIONAL CONSOLIDATED AIRLINES GROUP S.A. (IAG), FRESNILLO PLC (FRES) and GVC HOLDINGS PLC (GVC) were among the top laggards on the FTSE 100 index in Monday’s session and were down by 4.81 per cent, 3.03 per cent, and 2.25 per cent respectively.
Top Active Volume Movers: Stocks like LLOYDS BANKING GROUP PLC (LLOY), VODAFONE GROUP PLC (VOD) and Barclays PLC (BARC) were among the top active volume stocks on the FTSE 100 Index.
Sector Summary: In Monday's session, sectors like Industrials, Financials and Technology were among the top performers on the FTSE 100 index and on the other side sectors like Telecommunications Services and Utilities were among the major laggards on the FTSE 100 index.
- Brent Crude was trading 0.52% higher at $65.41 per barrel.
- West Texas Intermediate was quoting higher by 0.97% at $56.34 per barrel.
- Gold was quoting lower at $1,288.90 an ounce.
London Metal Exchange Cues
Closing Price (as on 01-Mar-2019)
- LME Aluminium was quoting lower at $1,890.50 per tonne against the previous close.
- LME Lead was quoting lower at $2,152.50 per tonne against the previous close.
- British Sterling was trading lower against the US Dollar (GBP/USD) at 1.3175.
- Euro was trading lower against British Pound (EUR/GBP) at 0.8600.
Money Market Cues*
- US 10Y Treasury Bond yield was trading lower in Monday’s session at 2.726%.
- UK 10Y Bond yield was trading lower in Monday’s session at 1.271%.
(*At the time of writing)
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.