The continued Brexit uncertainty seems to sit in political circles as financial markets continue to rally. The FTSE 100 and 350 closed at new 2019 highs today. GBP did show some softness and was down 0.2% but remains north of the $1.30 level. The FTSE 100 and 35 rallied 1% while the FTSE250 gained 0.4% as the correlations to GBP still resonate. The AIM All-Share remains muted up just 0.1% while the TechMARK gained 0.6%. Links to the daily reports are below which show the underlying details and share and sector performances.
Bent crude was up 0.1% , copper down 0.8% and iron ore up 1.3% while gold and silver were flat.
In sectors, out-performers included Life Insurance Banks, FS, Pharm, Tobacco, Beverages. Under-performers were O&G Producers, Support Services and Mining though all were positive and above 0.5%. The only negative sectors were Ind Metals, A&D and Household Goods.