London’s broader equity benchmark index FTSE 100 ended 30.01 points lower against its previous close, with Telecommunications Services and Utilities were among the laggard sectors on the FTSE 100 Index in the Monday’s session.
Global Updates: Shares in the United States were trading slightly in red in the Monday’s session, with Dow Jones Industrial Average (.DJI) was down by 5.02 points or 0.02% to 25,497.30, the S&P 500 index declined by 2.29 points or 0.08% at 2,798.42 and the technology benchmark index Nasdaq Composite declined by 8.83 points or 0.12% to 7,633.84 respectively.
Special counsel, Robert Mueller, completed his investigation into alleged criminal collusion between Trump's campaign and Russia in the 2016 election after nearly two years on Friday and submitted his findings to Attorney General William Bar, who on Sunday released a summary of the report.
Brexit News: Amid cries demanding that Prime Minister Theresa May step down from her position, some lawmakers publicly called for May to go, the PM battled on Monday to keep control of Britain's exit. Lawmakers are still openly discussing an array of option.
European Market Updates: In the Monday’s session European broader equity benchmark FTSE 100 index ended 30.01 points or 0.42% lower at 7,177.58, the FTSE 250 index plunged by 198.90 points or 1.05% to 18,799.56 and the FTSE All-Share declined 20.68 points or 0.53% and ended the session at 3,921.91 respectively. Another European equity benchmark index STOXX 600 ended 1.70 points or 0.45% lower at 374.33.
London Stock Exchange (LSE) Cues
Top Performers: Stocks like LONMIN PLC (LMI), INMARSAT PLC (ISAT) and MEDICA GROUP PLC (MGP) were among the top performers on the LSE and were up by 13.46%, 9.64% and 5.60% respectively.
Top Losers: Stocks like WOOD GROUP (JOHN) PLC (WG.), AMIGO HOLDINGS PLC (AMGO) and INDIVIOR PLC (INDV) were among the laggards on the LSE and were down by 7.62%, 6.48% and 6.11% respectively.
Broader Market FTSE 100 Cues
Gainers: Stocks like FRESNILLO PLC (FRES), OCADO GROUP PLC (OCDO) and RIO TINTO PLC (RIO) were among the top gainers in the Monday’s session on the broader equity benchmark FTSE 100 index and were up by 1.97 per cent, 1.91 per cent, and 1.62 per cent respectively.
Laggards: Stocks like SMITH (DS) PLC (SMDS), NMC HEALTH PLC (NMC) and UNITED UTILITIES GROUP PLC (UU) were among the top laggards on the FTSE 100 index in the Monday’s session and were down by 3.56 per cent, 3.22 per cent, and 3.03 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 the Monday's market session Basic Materials was the only sector that traded in green and rests all the other sectors were ended lower on the FTSE 100 Index, with Telecommunications Services, Utilities and Industrials were among the laggards on the broader benchmark index FTSE 100.
- Brent Crude was trading at $66.90 per barrel.
- West Texas Intermediate was quoting at $58.97 per barrel.
- Gold was quoting at $1327.75 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.
- Currency Pair GBP/USD was quoting at 1.3190.
- Currency Pair EUR/GBP was quoting at 0.8576.
Money Market Cues*
- US 10Y Treasury Bond yield was quoting at 2.423% in Monday’s session.
- UK 10Y Bond yield was quoting at 0.973% in Monday’s session.
*(At the time of writing)
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.