FTSE Futures Morning Update on 07 March

UK PRE MARKET

The FTSE 100 Futures are trading at 7,081.00  with a loss of -0.35% percent or  -25.00 point. The CAC 40 Futures are trading at 5,168.00 for up with +0.04% percent or +2.00 point . The DAX Futures are trading at 12,110.00 for up with +0.03% percent or +3.50 point . The EURO Stoxx 50 Futures are trading at 3,357.00  with a loss of -0.06% percent or -2.00 point.

TODAY’S FACTORS AND EVENTS

London equities extended their winning run to a second day on Wednesday, underpinned by excitement in the paper and packaging sector after Smurfit Kappa rejected a takeover bid, as concerns about a US trade war ebbed and flowed.

The FTSE 100 closed off its late morning highs but almost 31 points or 0.4%higher for the day at 7,146.75.

The pound was 0.4% weaker against the euro at 1.1186, approaching levels last seen in December, but up 0.2% versus the dollar at 1.3882, off earlier highs.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,146.75 for up with +0.43% percent or +30.77 point. France’s CAC 40 closed at 5,170.23  for up with  +0.06% percent or +3.01 point. Germany’s DAX closed at 12,113.87 for up with +0.19% percent or  +23.00 point.

WORLD MARKETS

For the day the Dow are trading at 24,884.12 for up with +0.04% percent or +9.36 point. The S&P 500 are trading at 2,728.12  for up with +0.26% percent or  +7.18 point. The Nasdaq Composite are trading at 7,372.01  for up with +0.56% percent or +41.30 point.

In other parts of world, Japan’s Nikkei 225 are trading at 21,252.72   with  a loss of  -0.77% percent or  -165.04 point. Hong Kong’s Hang Seng are trading at 30,238.55  with a loss of -0.89% percent or  -272.18 point. China’s Shanghai Composite are trading at 3,271.67  with  a loss of -0.55% percent or  -17.97 point. India’s BSE Sensex are trading at 33,146.28 with  a loss of -0.51% percent or  -170.92  point at 12:15 PM.