What All You Need to Know About the FTSE’s Performance in the Friday’s Session?

  • Feb 22, 2019 GMT
  • Team Kalkine
What All You Need to Know About the FTSE’s Performance in the Friday’s Session?

London’s broader equity benchmark FTSE 100 index ended 11.21 points or 0.16 per cent higher in Friday’s session against its previous close.

European Market Updates: The broader European equity benchmark FTSE 100 index traded 11.21 points or 0.16 per cent higher on Friday at 7,178.60, the FTSE 250 index traded 32.71 points or 0.17 per cent higher at 19,269.50, and the FTSE All-Share index ended 6.36 points or 0.16 per cent higher at 3938.10 against their previous closes. Another European equity benchmark STOXX 600 closed 0.82 points or 0.22 per cent higher at 371.23 against its Thursday's close.

Shares in the UK ended mixed amid weak economic data from Europe and US-China trade war fears. 

US Market Updates: Shares in the United States were trading higher, ahead of Donald Trump and China Vice Premier trade meeting. At the time of writing, S&P 500 rose 8 points or 0.30 per cent, Dow Jones Industrial Average added 90 points or 0.35 per cent and the technology benchmark Nasdaq Composite gained 21 points or 0.29 per cent.

Brexit News: European Union rejects backstop changes, the European Commission President, Jean-Claude Juncker said that he is not very optimistic that Britain will leave EU with any formal deal.

London Stock Exchange Cues (Friday Session)

  • Top Performers: Stocks like DAIRY CREST GROUP PLC (DCG), PROVIDENT FINANCIAL PLC (PFG), METRO BANK PLC (MTRO) were among the top performers on the London Stock Exchange and were up by 15.32 per cent, 15.25 per cent and 9.66 per cent respectively.
  • Top Losers: Stocks like CMC MARKETS PLC (CMCX), IG GROUP HOLDINGS PLC (IGG), and PLUS500 LTD (PLUS) were among the top losers on the London Stock Exchange and were down by 22.81 per cent, 5.74 per cent, and 5.28 per cent respectively.
  • Top Active Volume Movers: Stocks like LLOYDS BANKING GROUP PLC (LLOY), BARCLAYS PLC (BARC), GLENCORE PLC (GLEN) were among the top active volume stocks on the London Stock exchange.

Broader Market FTSE 100 Index Cues (Friday Session)

  • Gainers: EVRAZ PLC (EVR), ANGLO AMERICAN PLC (AAL), and HIKMA PHARMACEUTICALS PLC (HIK) were among the top gainers in Friday's session on the broader equity benchmark FTSE 100 index and were up by 3.54 per cent, 3.38 per cent, and 3.27 per cent respectively.
  • Laggards: BARCLAYS PLC (BARC), GVC HOLDINGS PLC (GVC) and KINGFISHER PLC (KGF) were among the top laggards on the FTSE 100 index in Friday’s session and were down by 2.89 per cent, 2.33 per cent, and 2.26 per cent respectively.
  • Performing Sectors: At the closing, sectors like Basic Materials, Industrials and Technology were among the major gainers on the FTSE 100 index.
  • Underperforming Sectors: Sectors like Consumer Non-Cyclicals, Telecommunications and Energy were among the major laggards on the FTSE 100 index.

Commodity Cues*

  • Brent Crude was trading higher at $67.43 per barrel.
  • West Texas Intermediate Crude was trading higher at $57.38 per barrel.
  • Gold was trading at $1335.20 an ounce.

London Metal Exchange Cues*

  • LME Aluminium was trading at $1,890.50 per tonne, against the previous close of $1,829.50 per tonne.
  • LME Lead was trading at $2,059 per tonne, against the previous close of $2,025 per tonne.

Forex Cues*

  • British Pound was trading higher against the US Dollar (GBP/USD) at 1.3066.
  • Euro was trading lower against the British Pound (EUR/GBP) at 0.867.

Money Market Cues*

  • US 10 Year Treasury bond yield was trading higher at 2.652 per cent
  • UK 10 Year bond yield was trading higher at 1.157 per cent.

*At the time of writing.

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