What All You Need To Know About The FTSE’s Performance On March 27, 2019?

  • Mar 28, 2019 GMT
  • Team Kalkine
What All You Need To Know About The FTSE’s Performance On March 27, 2019?

London’s broader equity benchmark index FTSE 100 ended 2.10 points lower against its previous close, with Financials and Technology were among the top performing sectors on the FTSE 100 Index in the Wednesday’s session.

Global Updates: Shares in the United States were trading in red in Wednesday’s session, with Dow Jones Industrial Average (.DJI) declined by 16.15 points or 0.06% to 25,641.58, the S&P 500 index lowered by 10.04 points or 0.36% at 2,808.42 and the technology benchmark index Nasdaq Composite plunged by 44.80 points or 0.58% to 7,646.72 respectively.

Investors in the US remained cautious as global growth fears remain persistent, and the yield curve extended its inversion. Warning that risks to growth were increasing, the European Central Bank signalled that it could delay a rate hike again

Brexit News: Prime Minister Theresa May has indicated that the third vote on her Brexit Deal will be held in the House of Commons this week after some Eurosceptic Tory MPs decided to support her deal. As pro-EU forces in the Commons are taking a more assertive role in the process, a growing number of Eurosceptic MPs have indicated that they are now moving towards her deal.

European Market Updates:  In the Wednesday’s session, European broader equity benchmark FTSE 100 index ended 2.10 points or 0.03% lower at 7,194.19, the FTSE 250 index declined by 2.50 points or 0.01% to 18,893.74, and the FTSE All-Share ended 0.18 points or 0.01% lower at 3,932.56 respectively. Another European equity benchmark index STOXX 600 ended 0.08 points or 0.02% higher at 377.28.

London Stock Exchange (LSE) Cues

Top Performers: Stocks like RDI REIT P.L.C. (RDI), MEDICA GROUP PLC (MGP) and ALLIED MINDS PLC (ALM) were among the top performers on the LSE and were up by 13.94%, 12.80% and 10.87% respectively.

Top Losers: Stocks like INDIVIOR PLC (INDV), NMC HEALTH PLC (NMC) and AVAST PLC (AVST) were among the laggards on the LSE and were down by 8.56%, 7.20% and 4.48% respectively.

Broader Market FTSE 100 Cues

Gainers: Stocks like EASYJET PLC (EZJ), MICRO FOCUS INTERNATIONAL PLC (MCRO) and BAE SYSTEMS PLC (BA.) were among the top gainers in the Wednesday’s session on the broader equity benchmark FTSE 100 index and were up by 3.03 per cent, 2.87 per cent, and 2.73 per cent respectively.

Laggards: Stocks like NMC HEALTH PLC (NMC), FRESNILLO PLC (FRES) and ANTOFAGASTA PLC (ANTO) were among the laggards on the FTSE 100 index in the Wednesday’s session and were down by 7.20 per cent, 2.02 per cent, and 1.93 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 Wednesday's market session sectors like Financials, Technology, and Industrials were among the top performing sectors on the broader equity benchmark index FTSE 100. Sectors like Energy, Healthcare and Utilities were among the laggards on the broader equity benchmark index FTSE 100.

Commodity Cues*

  • Brent Crude was trading at $67.16 per barrel.
  • West Texas Intermediate was quoting at $59.31 per barrel.
  • Gold was quoting at $1316.15 an ounce.

London Metal Exchange Cues

Closing Price (as on Mar-26-2019)

  • LME Aluminium was quoting at $1,849.50 per tonne.
  • LME Lead was quoting at $1,982.00 per tonne.

Forex Cues*

  • Currency Pair GBP/USD was quoting at 1.3243.
  • Currency Pair EUR/GBP was quoting at 0.8502.

Money Market Cues*

  • US 10Y Treasury Bond yield was quoting at 2.372% in Wednesday’s session.
  • UK 10Y Bond yield was quoting at 1.029% in Wednesday’s session.

*(At the time of writing)

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