What All You Need To Know About The FTSE’S Performance on 28th February 2019?

February 28, 2019 11:09 PM GMT | By Team Kalkine Media
 What All You Need To Know About The FTSE’S Performance on 28th February 2019?

London’s broader equity benchmark FTSE 100 index ended 32.47 points lower against its Wednesday’s close, with Basic Materials and Healthcare were the worst performing sectors on the FTSE 100 index.

Global Update: Shares in the United States trading in red, after US President Donald Trump failed to get a deal done with North Korean Prime Minister Kim Jong Un. US president said talks with North Korean Prime Minister ended without any agreement as contention arises over the uplifting of sanctions on the communist country. At the time of writing Dow Jones (.DJI) was quoting 43.62 points or 0.17% lower at 25,941.54, S&P 500 (.SPX) was at 2,786.22, down by 6.15 points or 0.22% and technology benchmark Nasdaq Composite was quoting at 7,539.48, fell by 15.3 points or 0.20% respectively. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]

Ongoing bitterness between India and Pakistan have jolted investors sentiment across the world, though Pakistan official has said they will release the Indian Airforce Pilot arrested earlier this week as a peace symbol.

European Market Update: European broader equity benchmark FTSE 100 index ended 32.47 points or 0.46% lower at 7,074.73 against its previous day closing price, the FTSE 250 index ended 27.60 points or 0.14% higher at 19,181.35 and the FTSE All Share index closed Thursday’s session at 3,888.81, down by 13.93 points or 0.36% against its Wednesday’s close. Another European equity benchmark STOXX 600 ended higher at 372.80, up by 0.22 points or 0.06% against its previous day close.

London Stock Exchange Cues

Top Performers: Stocks like OXFORD BIOMEDICA PLC (OXB), ARROW GLOBAL GROUP PLC (ARW) and LAMPRELL PLC (LAM) were among the top performers on the London Stock Exchange and were up by 8.86 per cent, 7.90 per cent and 7.14 per cent respectively.

Top Losers: Stocks like ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC (AML), BAKKAVOR GROUP PLC (BAKK) and RDI REIT PLC (RDI) were among the top losers on the London Stock Exchange and were down by 21.42 per cent, 10.27 per cent, and 9.14 per cent respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like RENTOKIL INITIAL PLC (RTO), ST. JAMES'S PLACE PLC (STJ) and NMC HEALTH PLC (NMC) were among the top gainers in the Thursday’s session on the broader equity benchmark FTSE 100 index and were up by 6.69 per cent, 3.31 per cent, and 3.28 per cent respectively.

Laggards: Stocks like EASYJET PLC (EZJ), MONDI PLC (MNDI) and SMITH (DS) PLC (SMDS) were among the top laggards on the FTSE 100 index in Thursday’s session and were down by 6.40 per cent, 6.31 per cent, and 3.56 per cent respectively.

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

Sector Summary: Financials, Consumer Cyclicals and Telecommunications Services were among the top performing sectors on the broader equity benchmark FTSE 100 Index, on the other side Basic Materials, Healthcare and Energy were among the major laggards on the FTSE 100 index in Thursday’s session.

Commodity Cues*

  • Brent Crude was trading 0.39% lower at $66.32 per barrel.
  • West Texas Intermediate was quoting higher by 0.44% at $57.19 per barrel.
  • Gold was quoting lower at $1,314.85 an ounce.

London Metal Exchange Cues

Closing Price (as on 27th February 2019)

  • LME Aluminium was quoting higher at $1,898.50 per tonne.
  • LME Lead was quoting higher at $2,107.00 per tonne.

Forex Cues*

  • British Sterling was trading lower against the US Dollar (GBP/USD) at 1.3266.
  • Euro was trading higher against British Pound (EUR/GBP) at 0.8579.

Money Market Cues*

  • US 10Y Treasury Bond yield was trading higher in Thursday’s session at 2.728%.
  • UK 10Y Bond yield was trading lower in Thursday’s session at 1.293%.

(*At the time of writing)


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