(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350. On Wednesday, the Organisation of Petroleum Exporting Countries and its main allies said the next meeting...
Latest Sector Review articles
Sector movers: Electricity stocks hit by jump in Gilt yields
(Sharecast News) - Lawmakers on Capitol Hill narrowly avoided a government shutdown at the weekend - at least for now. But the result was a drop in risk aversion that contributed to a leg higher in longer-term government bond yields. By the end of Tuesday, yields on...
Sector movers: Personal Goods, Big Tobacco pace losses
(Sharecast News) - Personal Goods was at the bottom of the pile at the start of the week as concerns around China's property sector continued to nag investors. Hence the hefty decline in luxury goods retailers including Burberry. On Sunday, Chinese property developer...
Sector movers: Banks and Big Oil pace gains
(Sharecast News) - Banks and Big Oil paced gains on the FTSE 350 on Tuesday, even as investors braced for the U.S. central bank's policy announcement the next day - against the backdrop of rising oil prices. Worth noting, both developments were somewhat intertwined,...
More Sector Review stories
Sector movers: Real Estate shares extend rally as government bond yields slip further
Real Estate stocks jumped on the back of further downward pressure on Gilt yields. The yield on 30-year Gilts fell back by eight basis...
Sector movers: Home construction and Utilities pace gains as Sunak chosen PM
Homebuilders' and Utility companies' shares jumped at the start of the week after it was announced that former Chancellor Rishi Sunak had...
Sector movers: Oil and Gas buoyed by speculation about changes in China Covid rules
Oil and Gas shares lent their heft to Thursday's gains, possibly on the back of a report that Beijing was mulling whether to ease Covid-19...
Sector movers: Real Estate under pressure amid slower house price growth, CPI rise
Real Estate stocks were at the bottom of the pile on the FSTE 350 on Wednesday following the release of official data revealing a slowdown...
Sector movers: Cyclicals pace gains while Construction and Oil and Gas shares fall back
Cyclicals paced gains on the FTSE 350 on Tuesday, led by shares in the Construction and Materials space. Triggering the move in the...
Sector movers: Real Estate and Utilities pace gains, despite cool reaction to PM’s U-turn
Stocks rose at the end of the week but finished off their best levels as financial markets react coolly to the Prime Minister's partial...
Sector movers: Life insurers, Banks jump on report government may dial back stimulus plans
Life insurers and banks jumped on Thursday after Bloomberg reported that the government might walk back some of the tax cuts proposed by...
Sector movers: Life insurers pace losses, BoE says ‘you’ve got three days’
Life insurers were at the bottom of the pile on Tuesday amid continued selling pressure in longer-term Gilts that forced the Bank of...
Sector movers: Oil and Gas, Miners trade lower on growth concerns
Oil and Gas gave back some of the previous session's gains, tracking a dip in oil futures as traders took a breather following a rally...
Sector movers: Oil and Gas paces gains after OPEC+ announces 2.0m b/d output cut
Oil&Gas paced gains in the stockmarket on Wednesday after the Organisation of Petroleum Exporting Countries and its Russian-led allies...
Join our mailing list
Subscribe to our mailing list to receive regular updates!