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Daily-Wrap

UK Markets Down Because of budget and tax tensions:

Macro Update:Leading UK retailers, including Tesco, Marks & Spencer, Sainsbury's, and Amazon UK, have written to Finance Minister Rachel Reeves, raising concerns over the implications of the recent budget. They warned it would lead to higher prices, job losses, and reduced investment, urging a …

Team Kalkine | 19 November 2024

UK Markets Experiencing Slight Drop in Home prices:

Macro Update:Asking prices for British homes fell by1.4%over the past month, exceeding the usual seasonal drop of0.8%, but remained1.2% higherthan the previous year, according to Rightmove. The decline coincided with the Oct. 30 budget raising taxes on second homes and the Nov. 7 Bank …

Team Kalkine | 18 November 2024

UK Economy Contracted slightly but Holding 8,000 levels:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.07% on 15 November 2024. Basic Materials, Financials & Energy sector demonstrated a substantial growth. Moreover, sectors such as Healthcare, Industrials & Technology faced a significant decline.

Team Kalkine | 15 November 2024

FTSE 100 Trading Above 8,000 Mark Amidst Global Volatility:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, was flat at 0.04% on 14 November 2024. Basic Materials, Industrials, & Technology sector demonstrated a substantial decline.

Team Kalkine | 14 November 2024

Global Markets Face Pressure as Tariff War Fear Escalates:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, was flat at 0.10% on 13 November 2024. Real Estate, Industrials, & Technology sector demonstrated a substantial decline.

Team Kalkine | 13 November 2024

London Markets Trading Lower Despite a Rally on Wall Street:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 1.01% on 12 November 2024. Basic Materials, Financials & Technology sector demonstrated a substantial decline.

Team Kalkine | 12 November 2024

ALondon Markets Traded Higher Ahead of US Retail Sales & Inflation Data:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.70% on 11 November 2024. HealthCare, Real Estate & Technology sector demonstrated a substantial growth.

Team Kalkine | 11 November 2024

London Markets down as attention back on Trump and China:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.91% on 08 November 2024. HealthCare, Real Estate & Technology sector demonstrated a substantial growth. While, Basic Materials, Financials & Consumer-Cyclicals sector has faced a significant decline.

Team Kalkine | 08 November 2024

FTSE 100 trading flat after BoE rate cut:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.01% on 07 November 2024. Basic Materials, Energy & Real Estate sector demonstrated a substantial growth. While, Technology, Financials & HealthCare sector has faced a significant decline.

Team Kalkine | 07 November 2024

Global Markets rallying on account of Trump elected as the US President:

Index Update:The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 1.18% on 06 November 2024. Industrials, Technology & Consumer Cyclicals sector demonstrated a substantial growth. While, Real Estate & HealthCare sector has faced a significant decline.

Team Kalkine | 06 November 2024

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