Londonâs broader equity benchmark index FTSE 100 ended 27.16 points higher against its previous close, with Financials and Technology were among the top performing sectors on the FTSE 100 Index in the Wednesdayâs session.
Global Updates: Shares in the United States were quoting in green, with Dow Jones Industrial Average added 24.16 points or 0.09% and quoting at 26,203.29, the S&P 500 Index surged by 6.70 points or 0.23% and trading at 2,873.94 and the technology benchmark index Nasdaq Composite increased by 51.55 points or 0.66% to 7,900.19 respectively. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]
The hopes of a resolution to US-Chinaâs months-long trade war have increased as the countries are expected to make more headway in trade talks this week. According to a report by ADP National Employment Report, U.S. private employers added 129,000 jobs in March, the lowest since September 2017 and below economistsâ expectations.
Brexit News: In a surprising turn of events, Prime Minister Theresa May has decided to consult opposition leader Jeremy Corbyn to tackle the Brexit impasse and form a consensus. The PMs move, which was highly disliked in her party, has further divided her cabinet and angered some Brexiteers, with two ministers resigning over it. Theresa May would seek a delay to further extend the deadline to avoid the U.K. crashing out of the EU on April 12.
European Market Updates: In Wednesdayâs session, broader European equity benchmark index FTSE 100 ended 27.16 points or 0.37% higher at 7,418.28, the FTSE 250 index ended 234.17 points or 1.21% higher at 19,563.44 and the FTSE All- Share index surged by 20.79 points or 0.52% to 4,056.31. Another broader European equity benchmark STOXX 600 ended 3.89 points or 1.01% higher at 388.92.
London Stock Exchange (LSE) Cues
Top Performers: Stocks like THOMAS COOK GROUP PLC (TCG), JTC PLC (JTC) and CHARLES TAYLOR PLC (CTR) were among the top performers on the LSE and were up by 10.56%, 10.00% and 8.00% respectively.
Top Losers: Stocks like SUPERDRY PLC (SDRY), PHOTO-ME INTERNATIONAL PLC (PHTM) and FUNDING CIRCLE HOLDINGS PLC (FCH) were among the laggards on the LSE and were down by 7.84%, 5.57% and 4.45% respectively.
Broader Market FTSE 100 Cues
Gainers: Stocks like TAYLOR WIMPEY PLC (TW.), PERSIMMON PLC (PSN) and INTERNATIONAL CONSOLIDATED AIRLINES GROUP S.A. (IAG) were among the top gainers in the Wednesdayâs session on the broader equity benchmark FTSE 100 index and were up by 4.35 per cent, 3.65 per cent, and 3.65 per cent respectively.
Laggards: Stocks like IMPERIAL BRANDS PLC (IMB), COCA-COLA HBC AG (CCH) and BURBERRY GROUP PLC (BRBY) were among the laggards on the FTSE 100 index in the Wednesdayâs session and were down by 4.13 per cent, 2.54 per cent, and 2.03 per cent respectively.
Top Active Volume Movers: Stocks like LLOYDS BANKING GROUP PLC (LLOY), BARCLAYS PLC (BARC), and VODAFONE GROUP PLC (VOD) were among the top active volume stocks on the FTSE 100 Index.
Sector Summary: In the Wednesdayâs session, sectors like Financials, Technology and Consumer Cyclicals were among the top performing sectors on the FTSE 100 index and sectors like Healthcare, Consumer Non-Cyclicals and Utilities were among the laggards on the FTSE 100 index.
Commodity Cues*
- Brent Crude was trading at $69.28 per barrel.
- West Texas Intermediate was quoting at $62.36 per barrel.
- Gold was quoting at $1,294.65 an ounce.
London Metal Exchange Cues
Closing Price (as on April-2-2019)
- LME Aluminium was quoting at $1,858.00 per tonne.
- LME Lead was quoting at $1,974.00 per tonne.
Forex Cues*
- Currency Pair GBP/USD was quoting at 1.3164.
- Currency Pair EUR/GBP was quoting at 0.8543.
Money Market Cues*
- US 10Y Treasury Bond yield was quoting at 2.519% in Wednesdayâs session.
- UK 10Y Bond yield was quoting at 1.096% in Wednesdayâs session.
*(At the time of writing)