Healthcare and Mining Stocks Gain On Trump Win

FTSE 100: Mining, healthcare and building stocks rallied in London this morning as news of Donald Trump's US presidency crossed the pond

Karen Kwok 9 November, 2016 | 12:25PM
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Miners, healthcare and building stocks jumped in value this morning, following the news that Republican candidate Donald Trump had secured a victory in the US presidential election. UK supermarket stocks were among the biggest losers.

Ahead of the US election result, global stock markets appeared to be pricing in a victory for Democratic nominee Hillary Clinton. The S&P 500 and European markets rallied on Monday and Tuesday to reflect this confidence. But Trump’s victory this morning, has created global uncertainty.

“The markets face uncertainty due to the president-elect’s relative lack of public sector experience, and intended policies that could generously be described as unconventional,” said HyungJin Lee, head of Asian equities at Barings the asset management firm.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Antofagasta PLC1,437.50 GBP0.00
Ashtead Group PLC5,976.00 GBP0.00Rating
AstraZeneca PLC9,003.00 GBP0.00Rating
BAE Systems PLC562.80 GBP0.00Rating
Barclays PLC202.80 GBP0.00Rating
CRH PLC3,505.00 GBP0.00Rating
Experian PLC3,327.00 GBP0.00Rating
Fidelity American Special Situations2,057.14 GBP0.84Rating
Fresnillo PLC886.00 GBP0.00
GlaxoSmithKline PLC1,434.20 GBP0.00Rating
Hikma Pharmaceuticals PLC2,459.00 GBP0.00
Marks & Spencer Group PLC185.90 GBP0.00Rating
Polymetal International PLC1,374.00 GBP0.00
Prudential PLC1,489.00 GBP0.00Rating
Sainsbury (J) PLC301.40 GBP0.00Rating
Standard Chartered PLC495.50 GBP0.00Rating
Standard Life Aberdeen PLC261.10 GBP0.00

About Author

Karen Kwok

Karen Kwok  is a Reporter for