On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
British equities conclude up
On Friday, British equities concluded the trading session up due to strengthening sectors of oil and gas equipment, automotive as well as industrial transport.
As a matter of fact, the UK 100 managed to tack on by 0.29% - the benchmark demonstrated a 3-month maximum.
Among the top performers of the index UK 100 one should mention equities of ITV PLC, which headed north by 7.26%, closing at around about 172.00. Shares of Randgold Resources Ltd rallied by 3.81%, completing the trading session at 5.890.00. Additionally, Paper Anglo American PLC rallied by 3.29%, to conclude at 1.859.40.
Leaders of the dive were shares of Capita PLC, which slumped by 4.16%, completing the session at 123.20. Equities of DCC plc soared 2.28%, ending up with 7.290.0, Severn Trent PLC dived by 2, 18%, coming up with an outcome of 1,976.00.
On the London Stock Exchange, the overall number of more expensive securities (1096) beat the number of closed in the red (831), while the quotes of 357 shares didn’t change.
In addition to this, equities of Anglo American PLC managed to grow 3.29%, coming up with an outcome of 1.859.40.
As for commodities, June delivery gold futures managed to tack on 0.02%, reaching a result of $1.322.50 per troy ounce.
In addition to this, June delivery WTI futures inched down by up to 0.62%, getting to $70.92 per barrel. July delivery Brent futures were caught diving 0.23%, offering a result of $77.29 a barrel.
Meanwhile, in the foreign exchange market, the currency pair GBP/USD inched up by about 0.33%, demonstrating a reading of 1.3565. At the same time EUR/GBP tacked on up to 0.02% to conclude the level at 0.8814.
As for futures on the USD index, they inched down by about 0.27%, showing a result of 92.32.
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
On Friday, European stock indices fluctuated at the beginning of the trading session…
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.