The FTSE 100 Futures is trading at 5,657.20 up with +1.85% percent or +102.70 point. The CAC 40 Futures is trading at 4,457.00 up with +1.79% percent or +78.50 point. The DAX Futures is trading at 10,011.80 up with +1.68% percent or +165.00 point. The EURO Stoxx 50 Futures trading at 2,784.00 with +2.58% percent or +70.00 point.
TODAY’S FACTORS AND EVENTS
UK’s Smiths Group SMIN.L said the separation of its medical unit will be delayed, as it focuses on making and delivering ventilators to hospitals tackling the shortage of life-saving equipment as the coronavirus spreads. DOMINO’S PIZZA: Britain’s biggest pizza delivery company Domino’s Pizza Group DOM.L named former Costa Coffee Chief Executive Officer Dominic Paul as its top boss replacing David Wild, whose departure was announced last year. RIO TINTO: Rio Tinto Ltd RIO.AX , RIO.L will close one of the aluminium production lines at its smelter in Tiwai, New Zealand, to comply with government restrictions to contain the coronavirus, its New Zealand’s Aluminium Smelters (NZAS) venture said. WPP: WPP WPP.L , the world’s biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing number of cancellations from clients due to the coronavirus crisis. GOLD: Gold prices fell as the dollar firmed and as shares rose on hopes of a rebound in China economic activity, while safe-haven demand amid concerns over the coronavirus outbreak kept the metal on track for its sixth straight quarterly gain. OIL: Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilise energy markets, with benchmarks climbing off 18-year lows hit as the coronavirus outbreak cut fuel demand worldwide.
For the day the FTSE 100 closed at 5,681.96 up with +2.12% percent or +118.22 point. France’s CAC 40 closed at 4,458.26 up with 1.82% percent or +79.76 point.Germany’s DAX closed at 10,017.86 up with +2.06% percent or +201.89 point.
For the day the Dow is trading at 22,327.48 up with +3.19% percent or +690.70 point. The S&P 500 is trading at 2,626.65 with +3.35% percent or +85.18 point. The Nasdaq Composite is trading at 7,774.15 with +3.62% percent or +271.77 point.
In other parts of world, Japan’s Nikkei 225 is trading at 18,917.01 with a loss of –0.88% percent or –167.96 point. Hong Kong’s Hang Seng is trading at 23,462.53 up with +1.24% percent or +287.42 point. China’s Shanghai Composite is trading at 2,750.30 up with +0.11% percent or +3.08 point. India’s BSE Sensex is trading at 29,372.14 with +3.28% percent or +931.82 point at 12:15 PM.