The FTSE 100 Index is the main stock market index in the London Stock Exchange which tracks the performance of 100 most capitalized companies. FTSE 100 companies cover about 80 percent of the entire market capitalization of the London Stock Exchange. The latest Press Release is all about the Global UK Stock Market Index.

Global Markets: Shares in the United States were hovering in red zone, with the Dow Jones Industrial Average Index dipped by 78.32 points or 0.30% to 25,820.51, the S&P 500 index contracted by 5.58 points or 0.19% to 2,872.80 and the technology benchmark index NASDAQ Composite decreased by 21.22 points or 0.27% to 7,832.52 respectively.

Global News: Industry body UK Finance reported that banks approved 43,342 mortgages in July, up from 42,775 in March, recording the most mortgages since February 2017, while net mortgage lending reported the biggest increase since March 2016 by increasing by GBP 2.947 billion last month. On Tuesday, Labor Party leader Jeremy Corbyn held talks with opposition parties to prevent a potentially chaotic no-deal exit at the end of October.

European News: The Conference Board said on Tuesday that the index on consumer confidence slipped to 135.1 in August, indicating that expectations declined moderately, but remained strong overall. The figure was above the expectations of the market and showed consumers have remained confident and willing to spend. Expectations of a trade deal between the US and China rose as President Donald Trump said he believed China was sincere about wanting to reach a deal and claimed US trade counterparts had been contacted Chinese authorities and offered to return to the negotiating table.

London Stock Exchange (LSE):

Top Performers: RAVEN PROPERTY GROUP LIMITED (RAV), INTU PROPERTIES PLC (INTU) and PROVIDENT FINANCIAL PLC (PFG) are top performers of the day and up by 7.89%, 7.32%, and 7.29% respectively.

Worst Performers: CHESNARA PLC (CSN), TI FLUID SYSTEMS PLC (TIFS) and FERREXPO PLC (FXPO) are the top three laggards of the day and down by 6.07%, 5.94%, and 5.53% respectively.
FTSE 100 Index

Top Performing Sectors: Utilities (+0.86%), Telecommunications Services (+0.43%), and Consumer Cyclicals (+0.36%).

About KalkineMedia- Equity Research Firm
Kalkine Media - While Kalkine Media does not provide any financial advice for investment purposes, our goal is to keep the general public or investors updated about the ongoing and latest developments inequity and economic space through the publication of news and work products. We specialize in providing a high-end content-driven platform covering industry news, market commentaries, company announcements/ updates, result releases, and stock price movements while also touching upon market catalysts at a global level relating to demographics and key economic indicators. Sector driven announcements and movements in commodity space, contribute as the second pillar of our publication platform. We also focus on educational content as the third pillar to help investors comprehend various financial/ equity-related terms and jargon.