What All You Need To Know About The FTSE’s Performance On April 04, 2019?

  • Apr 04, 2019 BST
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance On April 04, 2019?

London’s broader equity benchmark index FTSE 100 ended 16.34 points lower against its previous close, with Telecommunications Services and Consumer Non-Cyclicals were among the top performing sectors on the FTSE 100 Index in the Thursday’s session.

Global Updates: Shares in the United States were trading in mix, with Dow Jones Industrial Average surged by 136.22 points or 0.52% to 26,354.35, the S&P 500 index was up by 2.75 points or 0.10% and quoting at 2,876.15 and the technology benchmark index Nasdaq Composite was quoting 9.84 points or 0.12% lower at 7,885.77 respectively.

President Donald Trump is set to meet Vice Premier Liu He on Thursday, as negotiations continued in Washington after meetings held last week in Beijing. Weekly jobless claims dropped to a more than 49-year low, while companies announced fewer layoffs in March, indicating a strong job market despite risks to economic growth. 

Brexit News: Prime Minister Theresa May could ask the EU for a long Brexit delay next week if talks between her government and the opposition Labour Party does not materialise into an agreement. Jeremy Corbyn, leader of Labour Party, has been urged by twenty-five lawmakers to go the “extra step” to break the impasse over the divorce from the European Union.

European Market Updates: In Thursday’s session, broader European equity benchmark index FTSE 100 ended 16.34 points or 0.22% lower at 7401.94, the FTSE 250 index ended 56.11 points or 0.29% lower at 19,507.33 and the FTSE All-Share index decreased by 9.69 points or 0.24% to 4,046.62. Another broader European equity benchmark STOXX 600 ended 1.05 points or 0.27% lower at 387.87.

London Stock Exchange (LSE) Cues

Top Performers: Stocks like JTC PLC (JTC), COSTAIN GROUP PLC (COST) and IP GROUP PLC (IPO) were among the top performers on the LSE and were up by 11.21%, 5.43% and 4.65% respectively.

Top Losers: Stocks like SAGA PLC (SAGA), LOW & BONAR PLC (LWB) and STAGECOACH GROUP PLC (SGC) were among the laggards on the LSE and were down by 37.03%, 8.45% and 7.93% respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like SCHRODERS PLC (SDR), ASHTEAD GROUP PLC (AHT) 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 2.87 per cent, 2.03 per cent, and 1.99 per cent respectively.

Laggards: Stocks like DIRECT LINE INSURANCE GROUP PLC (DLG), MICRO FOCUS INTERNATIONAL PLC (MCRO) and LLOYDS BANKING GROUP PLC (LLOY) were among the laggards on the FTSE 100 index in the Thursday’s session and were down by 7.56 per cent, 5.95 per cent, and 3.48 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 Thursday’s session, sectors like Telecommunications Services, Consumer Non-Cyclicals and Consumer Cyclicals were among the top performing sectors on the FTSE 100 index and sectors like Technology, Basic Materials and Healthcare were among the laggards on the FTSE 100 index.

Commodity Cues*

  • Brent Crude was trading at $69.30 per barrel.
  • West Texas Intermediate was quoting at $62.14 per barrel.
  • Gold was quoting at $1,296.55 an ounce.

London Metal Exchange Cues

Closing Price (as on April-3-2019)

  • LME Aluminium was quoting at $1,865.00 per tonne.
  • LME Lead was quoting at $1,985.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3066.
  • Currency Pair EUR/GBP was quoting at 0.8589.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.519% in Thursday’s session.
  • UK 10Y Bond yield was quoting at 1.084% in Thursday’s session.

*(At the time of writing)

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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