What All You Need to Know About the FTSE’s Performance on March 21, 2019?

  • Mar 21, 2019 GMT
  • Team Kalkine
What All You Need to Know About the FTSE’s Performance on March 21, 2019?

London’s broader equity benchmark index FTSE 100 ended 64.30 points higher against its previous close, with Healthcare and Consumer Non-Cyclicals were among the top performing sectors on the FTSE 100 Index in the Thursday’s session.

Global Updates: In Thursday’s session, shares in the United States were trading higher, with Dow Jones Industrials Average (.DJI) surged by 216.84 points or 0.84%, to 25,962.51, the S&P 500 (.SPX) added 30.65 points or 1.09%, to 2,854.88 and the technology benchmark Nasdaq Composite gained 109.99 points or 1.42%, to 7,838.96.

US Dollar gained in Thursday's session as market participants continued to digest the Federal Reserve’s dovish stance.

Brexit Update: The European Union is planning to offer Prime Minister Theresa May a minuscule delay to Britain divorce from EU bloc rather than three months she is seeking. German Chancellor, Angela Merkel today said the European Union had to do whatever it could do to avoid a hard boarder Brexit.

European Market Updates: The broader European equity benchmark FTSE 100 index ended 64.30 points or 0.88% higher at 7,355.31, the FSTE 250 index declined by 41.40 points or 0.21% to 19,347.58 and the FTSE All-Share index added 27.01 points or 0.68% to 4,020.51 in Thursday's session. Another European index STOXX 600 lost 0.15 points or 0.04% against its previous session.

Sterling plunged against US Dollar as Uncertainties grew over a no-deal Brexit that would likely to dent the economic growth.

London Stock Exchange Cues

Top Performers: Stocks like ENQUEST PLC (ENQ), LONMIN PLC (LMI) and HIKMA PHARMACEUTICALS PLC (HIK) were among the top performers on the London Stock Exchange and were up by 11.34 per cent, 7.54 per cent and 6.95 per cent respectively.

Top Losers: Stocks like RENISHAW PLC (RSW), CREST NICHOLSON HOLDINGS PLC (CRST) and STHREE PLC (STHR) were among the top losers on the London Stock Exchange and were down by 11.19 per cent, 8.90 per cent, and 8.38 per cent respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like HIKMA PHARMACEUTICALS PLC (HIK), FRESNILLO PLC (FRES) and RECKITT BENCKISER GROUP PLC (RB.) were among the top gainers in the Thursday’s session on the broader equity benchmark FTSE 100 index and were up by 6.95 per cent, 3.95 per cent, and 3.86 per cent respectively.

Laggards: Stocks like ROYAL BANK OF SCOTLAND GROUP PLC (RBS), PHOENIX GROUP HOLDINGS PLC (PHNX) and EASYJET PLC (EZJ) were among the top laggards on the FTSE 100 index in the Thursday’s session and were down by 6.08 per cent, 3.21 per cent, and 3.13 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 Thursday’s session, almost every sector traded higher on the broader equity benchmark FTSE 100 index, with Healthcare, Consumer Non-Cyclicals and Basic Materials were among the top performing sectors and on the other hand Financials sector was the only laggard on the FTSE 100 Index.

Commodity Cues*

  • Brent Crude was trading at $67.85 per barrel.
  • West Texas Intermediate was quoting at $59.98 per barrel.
  • Gold was quoting at $1307.05 an ounce.

London Metal Exchange Cues

Closing Price (as on Mar-21-2019)

  • LME Aluminium was quoting at $1,891 per tonne.
  • LME Lead was quoting at $2,035.50 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3120.
  • Currency Pair EUR/GBP was quoting at 0.8662.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.529% in Thursday’s session.
  • UK 10Y Bond yield was quoting at 1.062% in Thursday’s session.

*(At the time of writing)

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