Sector Review
Sector movers: Insurers and defensives weigh on market
Life Insurance was the weakest segment of the FTSE 350 even as risk appetite rebounded in financial markets around the globe, although strength in the pound continued to act as a headwind for UK stocks.
Sector movers: Insurers and defensives weigh on market
Life Insurance was the weakest segment of the FTSE 350 even as risk appetite rebounded in financial markets around the globe, although strength in the pound continued to act as a headwind for UK stocks.
Sector movers: Cyclicals pace gains on US stimulus hopes, vaccine news
Cyclicals paced the advance on Tuesday helped by news that Democrats in the US were willing to go it alone on approving further fiscal stimulus if needed through recourse to so-called 'budget reconciliation'.
Sector movers: Concerns around Covid vaccine rollouts drag on sentiment
News of setbacks for the expected pace of Covid-19 vaccinations, particularly on the Continent, but also further afield, potentially including in the likes of Australia, Canada and Thailand weighed on investor sentiment.
Sector movers: Oil and aerospace drag on market
Oil was the biggest laggard by sectors in the stockmarket on Thursday, weighed down by prospect for near-term weakness in demand to the Covid-19 pandemic, but also on account of longer-term concerns.
Sector movers: Cyclicals mostly higher, Pharma and Banks slip
Cyclicals were firmly in the lead in the middle of the week on hopes for a continued strong economic rebound in Asia.
Sector movers: Cyclicals find a bid on confidence in Covid-19 vaccine rollouts
Cyclicals were in favour at the start of the week as positive Chinese gross domestic product data helped to offset worries about the new Covid-19 strains.
Sector movers: Expectations for US stimulus feed gains in oil patch, weigh on Tech
Oil related stocks continued to find favour in the middle of the week as investors' focus shifted to the incoming US administration's augmented fiscal stimulus package that was due to be unveiled the next day.