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

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.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Antofagasta PLC773.00 GBP0.00
Ashtead Group PLC1,765.50 GBP0.00
AstraZeneca PLC7,216.00 GBP0.00
BAE Systems PLC521.80 GBP0.00
Barclays PLC94.11 GBP0.00
CRH PLC2,198.00 GBP0.00
Experian PLC2,251.00 GBP0.00
Fidelity American Special Situations1,250.23 GBP-4.05
Fresnillo PLC666.80 GBP0.00
GlaxoSmithKline PLC1,514.60 GBP0.00
Hikma Pharmaceuticals PLC2,035.00 GBP0.00
Marks & Spencer Group PLC99.24 GBP0.00
Polymetal International PLC1,379.50 GBP0.00
Prudential PLC1,035.50 GBP0.00
Sainsbury (J) PLC210.40 GBP0.00
Standard Chartered PLC445.80 GBP0.00
Standard Life Aberdeen PLC223.90 GBP0.00

About Author

Karen Kwok

Karen Kwok  is a Reporter for Morningstar.co.uk

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites