Sector Review
Sector movers: Autos and Parts, Industrial Metals pace losses
Cyclicals paced losses on the FTSE 350 at the end of the month with a retreat in shares of Aston Martin to fresh lows punctuating another weak for its sector.
Sector movers: Defensives sought out, Big Oil catches a bid
Investors sought out the more defensive areas of the market on Wednesday, including Pharmaceuticals and Gas, Water and Multiutilities, as the head of the US central bank sounded a somewhat hawkish note.
Sector movers: Defence stocks pace gains, BAE Systems keeps gaining altitude
Aerospace and Defence paced gains in the stockmarket on Tuesday as the NATO summit in Madrid got under way with shares of Babcock, Rolls-Royce and BAE Systems all catching a bid.
Sector movers: Cyclicals lead at end of positive week for FTSE 350 as bargain hunters step in
Cyclicals including Industrial Transportation and Life Insurance names paced gains at the end of a positive week for the FTSE 350.
Sector movers: Miners, Banks hit by poor PMIs globally, drop in bond yields
FTSE 350 stocks fell on Thursday as a spate of manufacturing and services sector surveys in the US and euro area printed well below economists' forecasts, feeding concerns around the outlook for the global economy.
Sector movers: Recession fears hit commodity stocks, life insurers
Global recession fears led to selling on the FTSE 350 on Wednesday although the lack of any more hawkish than expected remarks out of the head of the Federal Reserve in testimony before Congress helped to stem losses.
Sector movers: Oil and Gas plays drag as crude oil futures hit by recession worries
Commodity plays fared worst at the end of the week as talk of recession fears replaced that of inflation worries in the wake of the Federal Reserve's surprise 75 basis point interest rate hike the day before.
Sector movers: Stocks reel as central banks tighten policy and amid economic worries
Stocks fell sharply on Thursday as the Bank of England raised interest rates as expected and the Swiss National Bank surprised with a 50bp hike, with the latter, in particular, feeding talk in markets of recessionary risks.
Investment Banking and Brokerage Services pace gains
If it was banks that paced gains the day before, on Wednesday market leadership went to investment banking and broker names.
Sector movers: Banks buck falling market
Banks' shares managed to swim against the tide of a falling stock market on Tuesday as investors played it safe going into the announcement of the US central bank's policy decision scheduled for the next day.
Sector movers: Cyclicals drop sharply amid risk of Fed surprise
Cyclicals paced losses on the FTSE 350 at the start of the week as speculation mounted over the weekend that the US central bank might decide to surprise financial markets with a 75 basis point interest rate hike.
Sector movers: Construction and Materials, Industrial Mining hit by rise in yields and US dollar
Construction and Materials was the worst performing of the FTSE 350's sectors at the end of a week that saw US consumer price data print above economists' forecasts.
Precious metals miners jump as Greenback catches a bid ahead of US CPI report
Precious metals miners were at the bottom of the pile on Thursday as the greenback caught a bid in the wake of the latest European Central Bank policy announcement and ahead of a potentially market-moving US consumer price report due out the next day.
Sector movers: Cyclicals slip after surprise rate hike Down Under
Cyclicals paced losses on a slightly down day for the FTSE 350 after the Reserve Bank of Australia surprised many in financial markets with a 50bp interest rate hike.
Sector movers: Miners gain on news of easing in China lockdowns, talk of trade tariff reductions
Shares in Industrial Metals & Mining names were among the best performers on the FTSE 350 at the start of June as UK investors reacted to news that Chinese authorities were easing Covid-19 restrictions.