How Was The Performance Of Global And European Markets In Friday’s Market Session?

3 min read | September 27, 2019 11:20 PM BST | By Team Kalkine Media

Global Markets*: Equities at the Wallstreet were trading in red on the last trading session of this week (before the market close at 06:30 PM GMT), with the Dow Jones Industrial Average Index was down by 110.71 points or 0.41% to 26,780.41, the broader S&P 500 index contracted by 22.53 points or 0.76% to 2,955.09 and the technology benchmark index Nasdaq Composite declined significantly to 7,928.33, down by 102.33 points or 1.27% respectively.

Global News: Wells Fargo & Co. (WFC) announced BNY Mellon’s Charles Scharf as Chief Executive Officer, reporting new era in the bank’s effort to turn it around. At the New York Stock Exchange, shares of WFC were trading 2.05 points or 4.19% higher at US$ 50.92. Both S&P and Nasdaq contracted sharply after the news released that the White House might limit capital flows to China.

NASDAQ Composite (IXIC)*

Top Performers: NantHealth Inc, The9 Ltd and Recon Technology Ltd are top gainers and increased by 16.92%, 16.67% and 14.86% respectively.

Worst Performers: AzurRx Biopharma Inc, Concert Pharmaceuticals Inc and Histogenics Inc are the top three laggards and decreased by 21.53%, 17.53% and 14.38% respectively.

Top Performing Sectors: Financials (up 0.56%), Industrials (up 0.29%) and Consumers Cyclicals (up 0.15%).

Worst Performing Sectors: Technology (down 0.21%), Basic Materials (down 0.23%) and Telecommunication services (down 0.35%).

S&P 500 (SPX)*

Top Performers: Nektar Therapeutics, Wells Fargo & Co and Macy’s Inc are top gainers and increased by 4.73%, 4.62% and 3.08% respectively.

Worst Performers: Micron Technology Inc, Bank of New York Mellon Corp and Lam Research Corp are the top three laggards and decreased by 7.39%, 3.56% and 3.38% respectively.

Dow Jones Industrial Average (DJI)*

Top Performers: Walgreens Boots Alliance Inc, JP Morgan Chase & Co and United Health Group Inc are top gainers and increased by 1.28%, 1.19% and 1.09% respectively.

Worst Performers: Walt Disney Co, Travelers Companies Inc and Merck & Co Inc are the top three laggards and decreased by 0.45%, 0.30% and 0.30% respectively.

European Markets: The London’s broader equity benchmark index FTSE 100 traded at 75.13 points or 1.02% higher at 7,426.21, the FTSE 250 index snapped 152.34 points or 0.77% higher at 19,970.95, and the FTSE All-Share Index ended 39.73 points or 0.98% higher at 4,071.29 respectively. Another European equity benchmark index STOXX 600 ended at 391.79, up by 1.84 points or 0.47 per cent.

European News: A senior official at the central bank said that the Bank of England might have to consider a rate cut even if Britain avoids a disorderly Brexit, as European Commission data showed further weakness in the economy. Britain’s Financial Conduct Authority (FCA) is assessing some peer-to-peer lenders post gauging a number of screw-ups ahead of the introduction of stringent new regulations later this year.

London Stock Exchange*

Top Performers: METRO BANK PLC (MTRO), IP GROUP PLC (IPO) and INTU PROPERTIES PLC (INTU) are top gainers and increased by 15.24%, 10.65% and 7.82% respectively.

Worst Performers: SIRIUS MINERALS PLC (SXX), HOCHSCHILD MINING PLC (HOC) and TOPPS TILES PLC (TPT) are the top three laggards and decreased by 20.89%, 5.03% and 4.25% respectively.

FTSE 100 Index*

  (Source: Thomson Reuters) Price Performance in Last Five days (September-27-2019), before the market closed

Top Gainers: PERSIMMON PLC (PSN), SMURFIT KAPPA GROUP PLC (SKG) and KINGFISHER PLC (KGF) are top gainers and increased by 5.13%, 3.55% and 3.42% respectively.

Top Laggards: FRESNILLO PLC (FRES), POLYMETAL INTERNATIONAL PLC (POLY) and IMPERIAL BRANDS PLC (IMB) are top losers and decreased by 3.62%, 2.38% and 1.44% respectively.

Volume Leaders: (LLOY) LLOYDS BANKING GROUP PLC; (VOD) VODAFONE GROUP PLC; (GLEN) GLENCORE PLC.

Top Performing Sectors: Energy (up 1.76%), Basic Materials (up 1.51%), and Financials (up 1.28%).

Currency Exchange Rates*: GBP/USD and EUR/GBP were quoting at 1.2312 and 0.8890.

US and UK 10-Year Bond Yields*: The US 10-year and the UK 10-year Bond yields were quoting at 1.696% and 0.499% respectively.

Â

*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 Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. 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/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content 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 or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next