The FTSE 100 Index Performance On August 28, 2019

Global Market Update: As per latest stock market news, The United States broader equity indices were trading in green zone, with the Dow Jones Industrial Average Index added 197.70 points, the S&P 500 index increased by 17.04 points, and the Nasdaq Composite index accelerated to 7,859.06, up by 32.11 points.

Global News Update: The US Trade Representative confirmed on Wednesday plans by President Donald Trump to impose 15 per cent tariffs to a portion of the target goods from 1 September, which represented an additional 5% tariff on a $300 billion list of Chinese imports in retaliation to tariffs by Chinese on $75 billion worth of US goods. 

European Market Update: The London’s broader equity benchmark index FTSE 100 traded at 25.13 points at 7,114.71, the FTSE 250 index snapped 111.09 points at 19,224.79, and the FTSE All-Share Index ended 12.85 points at 3,912.07 respectively.

European News Update: A request by Prime Minister Boris Johnson to suspend the parliament was approved by the Queen following a meeting of the privy council, infuriating opponents who requested Queen Elizabeth to intervene. This will cut the amount of time the parliament sit between now and EU exit day, limiting the ability of lawmakers to derail his Brexit plan by effectively shutting parliament from mid-September for around a month. Stocks sensitive to slowing consumer spending, like UK airlines and housebuilders, fell on Wednesday amid worries about a no-deal Brexit loomed over investors. Government bond yields fell on the news and pound tumbled to its lowest in nearly a week.

Top Performers in London Stock Exchange: PORVAIR PLC (PRV), GREGGS PLC (GRG) and TREATT PLC (TET) are top performers of the day 

Worst Performers in FTSE Share Index: THOMAS COOK GROUP PLC (TCG), PROVIDENT FINANCIAL PLC (PFG) and NOSTRUM OIL & GAS PLC (NOG) are the top three laggards of the day.

Read the complete news here: Other Best Performing Stocks  

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