Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
UK equities generally jump
On Friday, the British stock market was seen concluding the trading marathon up. It became possible due to the soaring sectors of fixed-line operators, car makers as well as food producers.
As a matter of fact, the UK 100 jumped by about 0.10% on the London Stock Exchange.
The top-notch performers among the parts of the index UK 100 were represented by shares of Capita PLC, which inched up by up to 7.70% closing at about 146.90. Besides this, stocks of Kingfisher PLC managed to acquire 3.44% coming up with a figure of 307.10. Paper BT Group PLC ascended by about 3.35% ending up with 209.95.
On the contrary, the main losers were represented by equities of Royal Mail PLC, which sank approximately 2.75%, completing the trading session at about 530.40. Stocks of BP PLC rallied by up to 2.01% showcasing a result of 555.10, while Royal Dutch Shell PLC Class A declined by 1.50% concluding the trading session at 2.559.00.
On the London Stock Exchange, the total number of securities, which grew in price (1128) beat the number of closed assets in the red (874). Simultaneously, quotations of 308 stocks didn’t change at all.
In addition to this among commodities June delivery gold futures lost about 0.08% hitting $1.303.30 per troy ounce. As for other commodities, the price of July delivery WTI futures declined 4.34% finishing the trading session with $67.64 per barrel. Besides this, July delivery Brent futures went down by about 3.52% demonstrating a result of $76.02 per barrel.
Furthermore, in the foreign exchange market, the currency pair GBP/USD inched down approximately 0.43% closing at 1.3323, while the currency pair EUR/GBP dived 0.02% trading at 0.8757.
Futures on the USD index managed to inch up by up to 0.39% offering an outcome of 94.09.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.