(For a live blog on European stocks, type LIVE/ in an Eikon news window)
- FTSE 100 up 0.2 pct
- FTSE 250 adds 0.4 pct
- Miners top boosts on the main index
- Cabot Energy tanks to hit record low
Dec 31 (Reuters) - UK shares edged higher on Monday after comments by U.S. President Donald Trump helped alleviate some fears among investors about the U.S.-China trade dispute as a year plagued by worries about trade and slowing growth drew to a close.
The FTSE 100 .FTSE gained 0.1 percent and the FTSE 250 .FTMC added 0.3 percent by 0848 GMT on the final trading day of 2018, continuing Friday's rally when they both closed over 2 percent higher.
Trump said on Twitter that he had a "long and very good call" with Chinese President Xi Jinping and that a possible trade deal between was progressing well.
In a shortened session on account of new year's eve, UK's main index was lifted by gains in mining stocks as copper prices rose on signs of progress in U.S.-China trade talks.
Glencore GLEN.L , Rio Tinto RIO.L , Anglo American AAL.L and BHP BHPB.L advanced roughly by 1 percent.
But a stronger sterling pulled down exporter stocks with Reckitt Benckiser RB.L , GlaxoSmithKline GSK.L , Unilever ULVR.L all falling 0.6-1.2 percent.
The mid-cap index, which makes roughly 70 percent of its income abroad, was carried higher by gains in consumer and industrial shares.
The gains come just a couple of sessions after the index flirted with bear market territory, closing just shy of the required 20-percent-drop.
Both indexes are on track for their biggest yearly losses since the 2008 financial crisis, dragged down by fears over the U.S.-China trade war, Brexit uncertainties and the more recent government shutdown in the world's largest economy.
The FTSE 100 has slumped 12.4 percent since the start of 2018 and the FTSE 250, which is more exposed to Brexit outcomes, has tanked 15.7 percent over the same period.
AIM-listed oil and gas company Cabot Energy CABC.L tumbled 37 percent to hit a life low after saying an absence of a fundraising next month would cast significant doubt upon its going concern abilities.
(( For related prices, Reuters users may click on - *UK stock report FTSE index:
0#.FTS6 techMARK 100 index: .FTT1X FTSE future0#FFI: Gilt future0#FLG: Smallcap index: .FTSC FTSE 250 index: .FTMC FTSE 350 index: .FTLC Market digest: .AD.L Top 10 by vol: .AV.L Top price gainer .NG.L Top % gainer .PG.L Top price loser .NL.L Top % loser .PL.L * For related news, click on - *UK hot stock [HOT and GB] Wall Street: Gilts report: Euro bond reportPan European stock report: Tokyo stock HK stock Sterling report: Dollar report:
- For company prices, click on - * Company directory: UKEQ By sector: FTAX
European Equities speed guide................EUR/EQUITY FTSE Eurotop 300 index........................... .FTEU3 DJ STOXX index................................... .STOXX Top 10 STOXX sectors........................ .PGL.STOXXS Top 10 EUROSTOXX sectors................... .PGL.STOXXES Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S Top 25 European pct gainers.................... .PG.PEUR Top 25 European pct losers..................... .PL.PEUR ))
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$115.44 |
Change
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Mkt cap ! $42.85B |
Open | High | Low | Value | Volume |
$114.00 | $116.08 | $113.56 | $130.6M | 1.134M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2068 | $115.44 |
Sellers (Offers)
Price($) | Vol. | No. |
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$115.61 | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70 | 115.400 |
1 | 1 | 115.280 |
3 | 879 | 115.000 |
1 | 65 | 114.810 |
1 | 35 | 114.790 |
Price($) | Vol. | No. |
---|---|---|
115.930 | 400 | 1 |
116.000 | 103 | 1 |
116.090 | 45 | 1 |
116.100 | 4249 | 3 |
116.260 | 100 | 1 |
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