Londonâs broader equity benchmark FTSE 100 index ended 12.57 points higher against its previous close, with Consumer Non-Cyclicals and Basic Materials were top performing sectors on the FTSE 100 index.[optin-monster-shortcode id="wxhmli4jjedneglg1trq"]
Global Update: Shares in the United States ended Wednesdayâs session in red, with Dow Jones (.DJI) closed at 25,673.46, down by 133.17 points or 0.52%, S&P 500 Index (.SPX) declined by 18.20 points or 0.65% lower at 2,771.45, and the technology benchmark index Nasdaq Composite (.IXIC) ended Wednesdayâs session at 7,505.92, down by 70.44 points or 0.93% against its previous day closing price.
North Korea has rebuilt a section of nuclear test site it had demolished after Kim Jong-un, the leader of North Korea, had promised to do so last year during his first meeting with President Donald Trump. The national security advisor, John Bolton, threatened to introduce new sanctions.
Brexit Update: Despite the frantic opposition by the President of United States Donald Trump, the U.S. trade deficit widened to a 10-year high of $621 billion in 2018, with shortfall with China reaching a record peak. Tax cuts increased demand for imports while strong dollars and retaliatory tariffs made the exports relatively expensive. The EU talks with Britain about changing the divorce deal have made no headway, and no quick solution can be seen in sight.
European Market Update: European broader equity benchmark FTSE 100 index ended 12.57 points or 0.17% higher at 7,196.00 against its previous day closing price, the FTSE 250 index ended 83.83 points or 0.43% lower at 19,359.31 and the FTSE All Share index closed Wednesdayâs session at 3,949.65, up by 2.78 points or 0.07% against its Tuesdayâs close. Another European equity benchmark STOXX 600 ended lower at 375.48, down by 0.16 points or 0.04% against its previous day close.
London Stock Exchange Cues
Top Performers: Stocks like ULTRA ELECTRONICS HOLDINGS PLC (ULE), XP POWER LIMITED (XPP) and BIFFA PLC (BIFF) were among the top performers on the London Stock Exchange and were up by 12.23 per cent, 11.76 per cent and 7.10 per cent respectively.
Top Losers: Stocks like ALLIED MINDS PLC (ALM), MOTORPOINT GROUP PLC (MOTR) and FINDEL PLC (FDL) were among the top losers on the London Stock Exchange and were down by 6.68 per cent, 6.11 per cent, and 5.03 per cent respectively.
Broader Market FTSE 100 Cues
Gainers: Stocks like BRITISH AMERICAN TOBACCO PLC (BATS), SMITH (DS) PLC (SMDS) and WOOD GROUP (JOHN) PLC (WG.) were among the top gainers in the Wednesdayâs session on the broader equity benchmark FTSE 100 index and were up by 5.15 per cent, 3.72 per cent, and 3.35 per cent respectively.
Laggards: Stocks like BURBERRY GROUP PLC (BRBY), LEGAL & GENERAL GROUP PLC (LGEN) and PADDY POWER BETFAIR PLC (PPB) were among the top laggards on the FTSE 100 index in Wednesdayâs session and were down by 4.04 per cent, 3.49 per cent, and 2.65 per cent respectively.
Top Active Volume Movers: Stocks like LLOYDS BANKING GROUP PLC (LLOY), VODAFONE GROUP PLC (VOD), and BARCLAYS PLC (BARC) were among the top active volume stocks on the FTSE 100 Index.
Sector Summary: In Wednesdayâs session, every sector on the broader benchmark index FTSE 100 ended in green, with sectors like Consumer Non-Cyclicals, Basic Materials, Energy and Telecommunications Services were among the top performers on the FTSE 100 index.
Commodity Cues*
- Brent Crude was trading 0.14% lower at $65.77 per barrel.
- West Texas Intermediate was quoting lower by 0.80% at $56.11 per barrel.
- Gold was quoting lower at $1,284.92 an ounce.
London Metal Exchange Cues
Closing Price (as on 06-Mar-2019)
- LME Aluminium was quoting lower at $1,846.00 per tonne against the previous close.
- LME Lead was quoting lower at $2,090.50 per tonne against the previous close.
Forex Cues*
- British Sterling was trading lower against the US Dollar (GBP/USD) at 1.3144.
- Euro was trading higher against British Pound (EUR/GBP) at 0.8606.
Money Market Cues*
- US 10Y Treasury Bond yield was trading lower in Wednesdayâs session at 2.710%.
- UK 10Y Bond yield was trading lower in Wednesdayâs session at 1.244%.
(*At the time of writing)