Global Markets: Equity indices in the U.S were trading in red during the Tuesdayâs market session, with the benchmark S&P 500 was quoting at 2,816.75 and lost 9.31 points or 0.33% against the previous day close, the Dow Jones Industrial Average was quoting at 84.13 points or 0.33% lower at 25,501.56, and the technology benchmark index Nasdaq Composite index lost 1.62 points or 0.02% to 7,635.38 against the yesterdayâs closing level, at the time of writing.
Global News: The ongoing Sino-America trade war has raised concerns in the global financial market that Beijing could weaponize their $1.1 trillion worth holdings in the US Treasuries to retaliate against the import tariff imposed by the Trump Administration on imports from China.
European Markets: The Londonâs broader equity benchmark index FTSE 100 traded at 8.78 points or 0.12% lower at 7,268.95, the FTSE 250 index snapped 77.67 points or 0.41% higher at 19,204.93, and the FTSE All-Share Index ended 1.23 points or 0.03% lower at 3,980.38 respectively. European benchmark index STOXX 600 ended 0.81 points or 0.22% lower at 375.90 respectively.
Brexit News: British politician and Secretary of State for Foreign, Jeremy Richard Hunt said, â for the UK to chase a no-deal Brexit could be a political suicideâ, Huntâs comments came after, Boris Johnson announced that the UK should go for an exit from the EU bloc with or without any formal deal by the end of October 31, 2019 deadline.
London Stock Exchange (LSE)
Top Performers Stocks: THOMAS COOK GROUP PLC (TCG), OXFORD BIOMEDICA PLC (OXB), and STOBART GROUP LD (STOB) surged by 21.15 per cent, 11.74 per cent and 9.72 per cent respectively.
Top Laggards Stocks: CLIPPER LOGISTICS PLC (CLG), COUNTRYWIDE PLC (CWD) and SAGA PLC (SAGA) decreased by 10.89 per cent, 9.03 per cent and 8.65 per cent respectively.
FTSE 100 Index
FTSE100 Index: 5-days Price Chart as on May 28, 2019. (Source: Thomson Reuters)
Top Risers Stocks: NMC HEALTH PLC (NMC), FLUTTER ENTERTAINMENT PLC (FLTR) and RIO TINTO PLC (RIO) rose by 7.47 per cent, 3.49 per cent and 2.89 per cent respectively.
Top Fallers Stocks: BRITISH AMERICAN TOBACCO PLC (BATS), EVRAZ PLC (EVR) and SPIRAX-SARCO ENGINEERING PLC (SPX) reduced by 3.28 per cent, 3.13 per cent and 2.48 per cent respectively.
Top Active Volume Leaders: LLOYDS BANKING GROUP PLC, RENTOKIL INITIAL PLC, and VODAFONE GROUP PLC.
Top Risers Sectors: Basic Materials (+1.54%), Telecommunications Services (+0.58%), and Consumer Cyclicals (+0.42%).
Top Fallers Sectors: Healthcare (-1.71%), Consumer Non-Cyclicals (-0.62%), and Financials (-0.03%).
Foreign Exchange and Fixed Income
FX Rates*: GBP/USD and EUR/GBP were exchanging at 1.2655 and 0.8823 respectively.
10-Year Bond Yields*: US 10Y Treasury and UK 10Y Bond yields were trading at 2.266% and 0.927% respectively.Â
*At the time of writing