What All You Need To Know About The FTSE’s Performance In Monday’s Session

  • Feb 25, 2019 GMT
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance In Monday’s Session

London’s broader equity benchmark FTSE 100 Index ended at 7183.74, up by 5.14 points or 0.07 per cent higher in the Monday’s session, against its previous day closing.

US Market Updates: Stocks on Wall Street opened higher, as US President Donald Trump announced he would defer tariff hike on Chinese imported goods, which was earlier scheduled by March 1. Industrial metal and technology shares were the top performing sectors on the Dow Jones Industrial Average. At the time of writing, Dow Jones Industrial Average was trading up by 125.07 points or 0.48% at 26,156.88, S&P 500 was trading at 2,803.08, up by 10.41 points or 0.37% and the technology benchmark Nasdaq Composite Index was trading at 7,569.50, added 41.95 points or up by 0.56%.

European Market Updates: The broader equity benchmark index FTSE 100 closed at 7183.74, up by 5.14 points or 0.07 per cent higher against its previous day closing, the FTSE 250 index ended at 19,246.98, down by 22.61 points or 0.12 per cent and the FTSE All-Share closed at 3,939.76, up by 1.66 points or 0.04 per cent respectively. Another European equity benchmark STOXX 600 closed at 372.18, up by 0.95 points or 0.26 per cent against its previous day close.

Brexit Updates: Prime Minister Theresa May has again delayed a parliamentary vote on her Brexit deal. May said that it would happen on March 12 now. Her opponents have accused her of running out the clock to pressurise lawmakers to approve her plan. She also reiterated that delaying Brexit was not on the table. However, reports are emerging that the PM is considering a proposal to delay Brexit for up to two months.

London Stock Exchange Cues

Top Performers: Stocks like METRO BANK PLC (MTRO), DIALIGHT PLC (DIA) and MORGAN SINDALL GROUP PLC (MGNS) were among the top performers on the London Stock Exchange and were up by 7.90 per cent, 6.76 per cent and 5.87 per cent respectively.

Top Losers: Stocks like CENTAMIN PLC (CEY), VIVO ENERGY PLC (VVO) and ACACIA MINING PLC (ACA) were among the top losers on the London Stock Exchange and were down by 28.43 per cent, 6.09 per cent, and 5.96 per cent respectively.

Broader Market FTSE 100 Cues

Gainers: PRUDENTIAL PLC (PRU), GVC HOLDINGS PLC (GVC) and HISCOX LTD (HSX) were among the top gainers in Monday’s session on the broader equity benchmark FTSE 100 index and were up by 3.13 per cent, 3.03 per cent, and 2.95 per cent respectively.

Laggards: PEARSON PLC (PSON), PERSIMMON PLC (PSN) and BUNZL PLC (BNZL) were among the top laggards on the FTSE 100 index in Monday's session and were down by 5.40 Per cent, 4.70 per cent, and 3.66 per cent respectively.

Top Active Volume Movers: Stocks like BARCLAYS PLC (BARC), LLOYDS BANKING GROUP PLC (LLOY) and GLENCORE PLC (GLEN) were among the top active volume stocks on the FTSE 100 Index.

Performing Sectors: At the closing, sectors like Healthcare, Financials and Technology were among the major gainers on the FTSE 100 Index.

Underperforming Sectors: At the closing, sectors like Telecommunications Services, Basic Materials and Consumer Non-Cyclicals were among the major laggards on the FTSE 100 Index.

Commodity Cues*

  • Brent Crude Oil was trading 3.42 per cent lower against its previous day close at $65.36 per barrel.
  • WTI Crude Oil was trading 3.02 per cent lower against its previous day close at $55.72 per barrel.
  • Gold was trading 0.18 per cent lower against its previous day close at $1,330.35 an ounce.

Forex Cues*

  • British Sterling Pound was trading higher against the US Dollar (GBP/USD) at 1.3098.
  • Euro was trading higher against the British Pound (EUR/GBP) at 0.8675.

Money Market Cues*

  • US 10Y Treasury Bond yield was trading higher at 2.668%.
  • UK 10Y Bond yield was trading higher at 1.185%.

Key Events to Watch for Tomorrow

  • UK-PM Speech on Brexit (11:30 PM GMT)
  • UK-Inflation Report Hearing
  • UK-BoE FPC Meeting

(*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.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK