Londonâs broader equity benchmark FTSE 100 index ended 26.31 points higher against its previous day close, with Basic Materials and Telecommunications Services were top performing sectors on the FTSE 100 index.
Global Updates: Shares in the United States were trading in green on Monday. At the time of writing, Dow Jones (.DXI) was quoting at 25,617.14, increased by 166.90 points or 0.66%, S&P 500 Index was trading at 2,779.55, up by 36.48 points or 1.32% and the technology benchmark index Nasdaq Composite was up by 138.34 points or 1.87% and quoting at 7,546.48.[optin-monster-shortcode id="wxhmli4jjedneglg1trq"]
US market rallied from the worst week of the year after the US retail sales economic data surged unexpectedly in January which encouraged investors sentiment that the US economy is not heading towards a downturn.
European Market Update: European broader equity benchmark FTSE 100 index ended 26.31 points or 0.37% higher at 7,130.62 against its previous day closing price, the FTSE 250 index ended 45.39 points or 0.24% higher at 19,093.06 and the FTSE All Share index closed Mondayâs session at 3,910.80, up by 13.31 points or 0.34% against its Fridayâs close. Another European equity benchmark STOXX 600 ended higher at 373.47, up by 2.90 points or 0.78% against its previous day close.
London Stock Exchange Cues
Top Performers: Stocks like CHARTER COURT FINANCIAL SERVICES GROUP PLC (CCFS), ONESAVINGS BANK PLC (OSB) and MICROGEN PLC (MCGN) were among the top performers on the London Stock Exchange and were up by 11.16 per cent, 10.92 per cent and 8.36 per cent respectively.
Top Losers: Stocks like CLARKSON PLC (CKN), KIER GROUP PLC (KIE) and CAIRN ENERGY PLC (CNE) were among the top losers on the London Stock Exchange and were down by 12.55 per cent, 12.03 per cent, and 10.96 per cent respectively.
Broader Market FTSE 100 Cues
Gainers: Stocks like NMC HEALTH PLC (NMC), PADDY POWER BETFAIR PLC (PPB) and SMURFIT KAPPA GROUP PLC (SKG) were among the top gainers in the Mondayâs session on the broader equity benchmark FTSE 100 index and were up by 3.71 per cent, 3.17 per cent, and 2.84 per cent respectively.
Laggards: Stocks like PERSIMMON PLC (PSN), ADMIRAL GROUP PLC (ADM) and HISCOX LTD (HSX) were among the top laggards on the FTSE 100 index in the Mondayâs session and were down by 2.71 per cent, 1.87 per cent, and 1.73 per cent respectively.
Top Active Volume Movers: Stocks like VODAFONE GROUP PLC (VOD), LLOYDS BANKING GROUP PLC (LLOY), and BARCLAYS PLC (BARC) were among the top active volume stocks on the FTSE 100 Index.
Sector Summary: In Mondayâs session, sectors like Basic Materials, Telecommunications Services and Energy were among the top performing sectors on the broader equity benchmark FTSE 100 index and Consumer Non-Cyclicals was the only sector which was down in Mondayâs session on the FTSE 100 index.
Commodity Cues*
- Brent Crude was trading 1.37% higher at $66.64 per barrel.
- West Texas Intermediate was quoting higher by 1.36% at $56.83 per barrel.
- Gold was quoting lower at $1,292.85 an ounce.
London Metal Exchange Cues
Closing Price (as on 08-Mar-2019)
- LME Aluminium was quoting higher at $1,848.00 per tonne against the previous close.
- LME Lead was quoting lower at $2,072.00 per tonne against the previous close.
Forex Cues*
- British Sterling was trading higher against the US Dollar (GBP/USD) at 1.3143.
- Euro was trading lower against the British Pound (EUR/GBP) at 0.8555.
Money Market Cues*
- US 10Y Treasury Bond yield was trading higher in Mondayâs session at 2.641%.
- UK 10Y Bond yield was trading lower in Mondayâs session at 1.178%.
(At the time of writing)