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Thursday,19 November 2020 at 08:39

U.K. and European stocks opened lower as a rally prompted by positive vaccine news begins to peter out amid renewed fears of shutdowns due to rising coronavirus cases. 

Asia-Pacific markets traded mixed as traders grappled with optimism around a potential coronavirus vaccine and economic worries. 

Gold prices eased as optimism about Pfizer’s successful vaccine trials countered concerns over rising coronavirus infections. 

In corporate news, B&Q owner Kingfisher reported a strong rise in third quarter sales as consumers spent the coronavirus lockdown improving their homes. 

Royal Mail swung to a loss in the first half as redundancy and Covid-19 costs more than offset higher revenue from booming parcel deliveries.

At 08:30
FTSE 100 6,339 (-0.71%)
FTSE 250 19,857 (-0.57%)
DAX 13,108 (-0.71%)
At the close
Dow Jones 29,438 (-1.16%)
S&P 500 3,567 (-1.16%)
NASDAQ 11,801 (-0.82%)
Fixed Income
UK 10-YR YIELD 0.324
Exchange Rates
GBP/USD 1.321
GBP/EUR 1.115
Gold $1,859 (-0.67%)
Brent $44.24 +0.27%
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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