What All You Need to Know About the FTSE’s Performance on April 01, 2019?

3 min read | April 01, 2019 10:55 PM BST | By Team Kalkine Media

London’s broader equity benchmark index FTSE 100 ended 38.19 points higher against its previous close, with Basic Materials and Financials were among the top performing sectors on the FTSE 100 Index in the Monday’s session.

Global Updates: Shares in the United States were trading in the green, with Dow Jones Industrial Average surged by 293.68 points or 1.13% to 26,222.36, the S&P 500 added 28.48 points or 1.00% to 2,862.88 and the technology benchmark index Nasdaq Composite increased by 90.18 points or 1.17% to 7,819.49.

In the latest sign of slowing economic growth, the U.S. retail sales unexpectedly fell in February. However, there was some positive news as manufacturing activity in March picked up in the United States and China. Construction spending in February increased for the third straight month. The loss of momentum is due to slowing global growth, trade war with China and higher interest rate.

Brexit News: In a series of indicative votes, the House of Commons on Monday will again try to take control of Britain's departure from the EU. Pundits are hoping that the vote will strong-arm Prime Minister Theresa May to drop her Brexit strategy and head towards a softer Brexit. It is still unclear how the Brexit will take shape if it happens.

European Market Updates: In Monday’s session broader European equity benchmark index FTSE 100 ended 38.19 points or 0.53% higher at 7,317.38, the FTSE 250 index ended 121.27points or 0.63% higher at 19,238.76 and the FTSE All-Share index surged by 21.55 points or 0.54% to 3,999.83. Another broader European equity benchmark STOXX 600 traded 4.58 points or 1.21% higher at 383.67.

London Stock Exchange (LSE) Cues

Top Performers: Stocks like ENQUEST PLC (ENQ), METRO BANK PLC (MTRO) and MOTORPOINT GROUP PLC (MOTR) were among the top performers on the LSE and were up by 7.57%, 6.53% and 6.39% respectively.

Top Losers: Stocks like LOW & BONAR PLC (LWB), EASYJET PLC (EZJ) and ALLIED MINDS PLC (ALM) were among the laggards on the LSE and were down by 19.85%, 9.71% and 8.78% respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like MELROSE INDUSTRIES PLC (MRO), STANDARD CHARTERED PLC (STAN) and ASHTEAD GROUP PLC (AHT) were among the top gainers in the Monday’s session on the broader equity benchmark FTSE 100 index and were up by 3.58 per cent, 3.43 per cent, and 3.29 per cent respectively.

Laggards: Stocks like EASYJET PLC (EZJ), TUI AG (TUI) and SSE PLC (SSE) were among the laggards on the FTSE 100 index in the Monday’s session and were down by 9.71 per cent, 3.05 per cent, and 2.70 per cent respectively.

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

Sector Summary: In the Monday’s session, sectors like Basic Materials, Financials and Telecommunications Services were among the top performing sectors on the FTSE 100 index and sectors like Utilities, Consumer Non-Cyclicals and Healthcare were among the laggards on the FTSE 100 index.

Commodity Cues*

  • Brent Crude was trading at $69.03 per barrel.
  • West Texas Intermediate was quoting at $61.59 per barrel.
  • Gold was quoting at $1,292.85 an ounce.

London Metal Exchange Cues

Closing Price (as on Mar-29-2019)

  • LME Aluminium was quoting at $1,900.00 per tonne.
  • LME Lead was quoting at $2,022.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3120.
  • Currency Pair EUR/GBP was quoting at 0.8546.Â

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.494% in Monday’s session.
  • UK 10Y Bond yield was quoting at 1.047% in Monday’s session.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