What All You Need To Know About The FTSE’s Performance On April 02, 2019?

  • Apr 02, 2019 BST
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance On April 02, 2019?

London’s broader equity benchmark index FTSE 100 ended 73.74 points higher against its previous close, with Financials and Healthcare were among the top performing sectors on the FTSE 100 Index in the Tuesday’s session.

Global Updates: Shares in the United States were trading mix, with Dow Jones Industrial Average declined by 78.98 points or 0.30% to 26,179.44, the S&P 500 index reduced by 1.47 points or 0.05% to 2,865.72 and the technology benchmark index Nasdaq Composite was up by 15.88 points or 0.20% to 7,844.19.

The Commerce Department published a report on Tuesday that while shipments for the key U.S. made capital goods were unchanged in February, new orders declined by 0.1 per cent. However, data for January was revised slightly higher, indicating stabilisation of the manufacturing sector.

Brexit News: The British Parliament failed yet again on Monday to break the Brexit impasse after MPs was unable to pass four alternatives to Prime Minister Theresa May's plan. May is expected to hold a Cabinet meeting on Tuesday, where the next steps will be discussed. This week, she is expected to table her deal for the fourth time, she might also be forced to seek a longer extension for Brexit.

European Market Updates: In Tuesday’s session, broader European equity benchmark index FTSE 100 ended 73.74 points or 1.01% higher at 7,391.12, the FTSE 250 index ended 90.51 points or 0.47% higher at 19,329.27 and the FTSE All- Share index surged by 35.69 points or 0.89% to 4,035.52. Another broader European equity benchmark STOXX 600 traded 1.36 points or 0.35% higher at 385.03.

London Stock Exchange (LSE) Cues

Top Performers: Stocks like ASA INTERNATIONAL GROUP PLC (ASAI), CONTOURGLOBAL PLC (GLO) and EUROMONEY INSTITUTIONAL INVESTOR PLC (ERM) were among the top performers on the LSE and were up by 7.19%, 6.51% and 5.01% respectively.

Top Losers: Stocks like SUPERDRY PLC (SDRY), PENDRAGON PLC (PDG) and XAAR PLC (XAR) were among the laggards on the LSE and were down by 8.76%, 7.22% and 6.41% respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like NMC HEALTH PLC (NMC), HARGREAVES LANSDOWN PLC (HL.) and STANDARD CHARTERED PLC (STAN) were among the top gainers in the Tuesday’s session on the broader equity benchmark FTSE 100 index and were up by 4.19 per cent, 4.10 per cent, and 3.43 per cent respectively.

Laggards: Stocks like HIKMA PHARMACEUTICALS PLC (HIK), ROLLS-ROYCE HOLDINGS PLC (RR.) and RECKITT BENCKISER GROUP PLC (RB.) were among the laggards on the FTSE 100 index in the Tuesday’s session and were down by 1.52 per cent, 1.11 per cent, and 0.96 per cent respectively.

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

Sector Summary: Every sector on London’s broader equity index traded higher in Tuesday’s market session. Financials, Healthcare and Consumer Cyclicals were among the top-gaining sectors on the FTSE 100 index.

Commodity Cues*

  • Brent Crude was trading at $69.47 per barrel.
  • West Texas Intermediate was quoting at $62.69 per barrel.
  • Gold was quoting at $1,295.85 an ounce.

London Metal Exchange Cues

Closing Price (as on April-01-2019)

  • LME Aluminium was quoting at $1,888.00 per tonne.
  • LME Lead was quoting at $2,022.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3115.
  • Currency Pair EUR/GBP was quoting at 0.8536.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.476% in Tuesday’s session.
  • UK 10Y Bond yield was quoting at 1.025% in Tuesday’s session.

*(At the time of writing)

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