What All You Need To Know About The FTSE’s Performance On April 05, 2019

  • Apr 05, 2019 BST
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance On April 05, 2019

London’s broader equity benchmark index FTSE 100 ended 44.93 points higher against its previous close, with Basic Materials and Energy were among the top performing sectors on the FTSE 100 Index in the Friday’s session.

Global Updates: Shares in the United States were trading in green, with Dow Jones Industrial Average was quoting 40.36 points or 0.15% higher at 26,424.99, the S&P 500 index was trading 13.35 points or 0.46% higher at 2,892.74 and the technology benchmark index Nasdaq Composite was quoting at 7,938.69 and surged by 46.91 points or 0.59% against its previous day close.

Nonfarm payrolls increased to seasonally adjusted 196,000 in March, accelerating from a 17-month low recorded in February. The strong growth was driven by milder weather which boosted hiring in sectors like construction. The unemployment rate remained steady at 3.8%, while wage increases slowed in March. However, more people dropped out of the labour force, and wage increases also slowed in March.

Brexit News: Theresa May formally asked the EU to delay Brexit until up to June 30. She, however, reiterated that she intends to avoid participating in the European elections by getting Britain out of the EU earlier. However, a longer postponement of one year has been offered by Donald Tusk to get the matters in order.

European Market Updates: In Friday’s session, broader European equity benchmark index FTSE 100 ended 44.93 points or 0.61% higher at 7,446.87, the FTSE 250 index ended 30.97 points or 0.16% higher at 19,538.30 and the FTSE All-Share index increased by 20.82 points or 0.52% to 4,067.44. Another broader European equity benchmark index STOXX 600 ended 0.36 points or 0.09% higher at 388.23.

London Stock Exchange (LSE) Cues

Top Performers: Stocks like AMIGO HOLDINGS PLC (AMGO), CARR'S GROUP PLC (CARR) and CONTOURGLOBAL PLC (GLO) were among the top performers on the LSE and were up by 10.15%, 7.80% and 6.91% respectively.

Top Losers: Stocks like PENDRAGON PLC (PDG), FUNDING CIRCLE HOLDINGS PLC (FCH) and THOMAS COOK GROUP PLC (TCG) were among the laggards on the LSE and were down by 10.07%, 8.16% and 8.14% respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like PRUDENTIAL PLC (PRU), ROLLS-ROYCE HOLDINGS PLC (RR.) and NMC HEALTH PLC (NMC) were among the top gainers in the Friday’s session on the broader equity benchmark FTSE 100 index and were up by 2.69 per cent, 2.52 per cent, and 2.52 per cent respectively.

Laggards: Stocks like VODAFONE GROUP PLC (VOD), BERKELEY GROUP HOLDINGS (THE) PLC (BKG) and BARRATT DEVELOPMENTS PLC (BDEV) were among the laggards on the FTSE 100 index in the Friday’s session and were down by 2.16 per cent, 1.72 per cent, and 1.57 per cent respectively.

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

Sector Summary: In the Friday’s session, sectors like Basic Materials, Energy and Industrials were among the top performing sectors on the FTSE 100 index and sectors like Telecommunications Services and Utilities and were among the laggards on the FTSE 100 index.

Commodity Cues*

  • Brent Crude was trading at $70.41 per barrel.
  • West Texas Intermediate was quoting at $63.27 per barrel.
  • Gold was quoting at $1,295.80 an ounce.

London Metal Exchange Cues

Closing Price (as on April-05-2019)

  • LME Aluminium was quoting at $1,864.00 per tonne.
  • LME Lead was quoting at $1,973.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3038.
  • Currency Pair EUR/GBP was quoting at 0.8613.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.499% in Friday’s session.
  • UK 10Y Bond yield was quoting at 1.117% in Friday’s session.

*(At the time of writing)

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