FTSE Futures Morning Update on 24 September

UK PRE MARKET

The FTSE 100 Futures is trading at 7,423.00 with a loss of -0.24% percent or -18.00 point. The CAC 40 Futures is trading at 5,466.50  with  a loss of -0.16% percent or -8.50  point . The DAX Futures is trading at 12,344.20 with  a loss of -0.43% percent or -53.30 point . The EURO Stoxx 50 Futures is trading at 3,403.00 with a loss of  -0.29% percent or -10.00 point.

TODAY’S FACTORS AND EVENTS

London’s top-flight index jumped on Today as sterling slid on jitters about a no-deal Brexit, while a strong performance from the mining sector also provided a boost.

The FTSE 100 was up 1.67% or 122.91 points to 7,490.23, while the pound – which rallied a day earlier on the back of better-than-expected retail sales data – was down 1.44% against the dollar at 1.30725 and 1.18% lower versus the euro at 1.1135 after European Council president Donald Tusk said Theresa May’s Chequers proposal “will not work”, reigniting concerns about a no-deal Brexit.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at  7,490.23 up with  1.67% percent or  +122.91 point. France’s CAC 40 closed at 5,494.17 up with +0.78% percent or +42.58 point. Germany’s DAX closed at 12,430.88  up  with +0.85%            percent or +104.40 point.

WORLD MARKETS

For the day the Dow is trading at 26,743.50  up with +0.32% percent or +86.52 point. The S&P 500 is trading at 2,929.67  with a loss of -0.037% percent or ?1.08 point. The Nasdaq Composite is trading at 7,986.96   with  a loss of -0.51% percent or -41.28 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,869.93 up with +0.82% percent or +195.00 point. Hong Kong’s Hang Seng is trading at 27,472.22  with a loss of – 1.72% percent or  -481.36 point. China’s Shanghai Composite is trading at 2,797.48  up with +2.50% percent or  +68.24 point. India’s BSE Sensex is trading at 36,307.48 with  a loss of -1.45% percent or -534.12 point at 12:15 PM.