What All You Need To Know About The FTSE’s Performance On March 22, 2019?

  • Mar 22, 2019 GMT
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance On March 22, 2019?

London’s broader equity benchmark index FTSE 100 ended 147.72 points lower against its previous close, with Energy and Financials were among the top non performing sectors on the FTSE 100 Index in the Friday’s session.

Global Updates: Shares in the United States were quoting in red in the Friday’s session, with Dow Jones (.DJI) index declined by 460.19 points or 1.77% at 25,502.32, the S&P 500 Index was quoting at 2,800.71, decreased by 54.17 points or 1.90% and the technology benchmark Nasdaq Composite index declined by 196.29 points or 2.50% to 7,642.67 respectively.

Manufacturing data from Europe, Japan and the United States presented a gloomy picture as surveys showed trade tensions were taking a toll on the factory output.

Brexit Update: At a summit in Brussels, the EU leaders have postponed the Brexit cliff-edge back until April 12. The EU leaders, to everyone's surprise, gave her two options: a short delay until May 22 or to seek a long delay, which will entail the UK participating in the EU parliamentary elections.

European Market Updates: European broader equity benchmark index FTSE 100 ended 147.72 points or 2.01% lower against its previous day close at 7,207.59, the FTSE 250 index ended 349.12 points or 1.80% lower at 18,998.46, and the FTSE All-Share index lost 77.92 points or 1.94% in the Friday’s session and closed at 3,942.59. Another European equity benchmark index STOXX 600 ended 4.66 points or 1.22% lower against its previous day close at 376.03.

London Stock Exchange Cues

Top Performers: Stocks like HUNTSWORTH PLC (HNT), STHREE PLC (STHR) and 4IMPRINT GROUP PLC (FOUR) were among the top performers on the London Stock Exchange and were up by 4.65 per cent, 4.48 per cent and 4.35 per cent respectively.

Top Losers: Stocks like TT ELECTRONICS PLC (TTG), PREMIER OIL PLC (PMO) and MCCOLL'S RETAIL GROUP PLC (MCLS) were among the top losers on the London Stock Exchange and were down by 6.86 per cent, 6.78 per cent, and 6.48 per cent respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like PEARSON PLC (PSON), NEXT PLC (NXT) and KINGFISHER PLC (KGF) were among the top gainers in the Friday’s session on the broader equity benchmark FTSE 100 index and were up by 1.68 per cent, 1.20 per cent, and 0.88 per cent respectively.

Laggards: Stocks like NMC HEALTH PLC (NMC), STANDARD CHARTERED PLC (STAN) and SMURFIT KAPPA GROUP PLC (SKG) were among the top laggards on the FTSE 100 index in the Friday’s session and were down by 6.05 per cent, 4.58 per cent, and 4.37 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 Friday’s session, almost every sector traded lower on the broader equity benchmark FTSE 100 index, with Utilities, Technology, Consumer Cyclicals, Telecommunications Services, Consumer Non-Cyclicals, Healthcare, Basic Materials, Industrials, Financials, and Energy were among the laggards.

Commodity Cues*

  • Brent Crude was trading at $66.97 per barrel.
  • West Texas Intermediate was quoting at $58.97 per barrel.
  • Gold was quoting at $1313.35 an ounce.

London Metal Exchange Cues

Closing Price (as on Mar-22-2019)

  • LME Aluminium was quoting at $1,867 per tonne.
  • LME Lead was quoting at $2,020.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3216.
  • Currency Pair EUR/GBP was quoting at 0.8561.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.437% in Friday’s session.
  • UK 10Y Bond yield was quoting at 1.017% in Friday’s session.

(At the time of writing)

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