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Wednesday,18 November 2020 at 08:49

U.K. and European stocks edged lower as a global market rally falters following a spate of positive coronavirus vaccine news. 


Asia-Pacific markets were mixed as investors remained cautious despite vaccine hopes, as coronavirus cases continued to surge. 

Oil prices were higher on hopes that OPEC and its allies will delay a planned rise in oil output. 

Gold traded slightly higher as concerns remain over the economic impact of the resurgence of coronavirus. 

In corporate news, energy supplier SSE reported a fall in adjusted operating profit after taking a £115m hit from the coronavirus pandemic, but also maintained its interim dividend payout. 

Speciality chemical company Croda International has agreed to acquire fragrances and flavours company Iberchem.

Markets
At 08:21
FTSE 100 6,340 (-0.39%)
FTSE 250 19,505 (-0.06%)
DAX 13,095 (-0.29%)
At the close
Dow Jones 29,783 (-0.56%)
S&P 500 3,609 (-0.48%)
NASDAQ 11,899 (-0.21%)
Fixed Income
UK 10-YR YIELD 0.318
Exchange Rates
GBP/USD 1.328
GBP/EUR 1.117
Commodities
Gold $1,881 +0.16%
Brent $44.04 +0.62%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.
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