FTSE for Tuesday 24/03/2020

#GOLD #SP500 It’s not often one gets shamed by a fairy but a niece accomplished provided a dose of humiliation. For over a year, we’ve been threatening to produce a “Podcast” and nothing had been done. A niece runs “Princess Parties”, a niche market which has vanished for Covid-19 reasons. Over the weekend, she decided, ‘okay, I’ll do Princess Story Time’, producing an amazingly professional video which is available free on YouTube, completely dressed in character, where she reads children’s stories.

Meanwhile, despite being surrounded by some professional recording studio equipment, the ambition of doing a market podcast had been successfully avoided. In defense, while stories about Princesses and Dragons may entrance children, we’ve always felt a dialogue about future market potentials could prove as interesting as The Shipping Forecast. However, an attempt has been made and our first 10-minute effort – covering Wall St, The FTSE, Gold, and GBPUSD is available at the link below. If it proves popular, we’ll continue them.

Our Very First Podcast!

 

As for the FTSE, Monday proved pretty chaotic. The index was (as usual) forced down at the open, hitting 4940 within the first 4 minutes. Unusually, some surprise recovery was enacted and by noon, the market ignited the rockets. Needless to say, it all fell apart after 30 minutes with the day ending nearly 4% down. The wild swings are proving frustrating, giving sensible Stop Loss Levels for various index scenarios now an almost impossible task. As fairly simple “for instance” comes with the current market position. There’s a heck of an argument favouring reversal to around 4,000 points next.  At time of writing, the FTSE is trading at 4993 points, so we’re postulating nearly 1,000 points of drop. But the trend line (Blue) which delineates the current drop cycle is presently at 5995 points. This suggests a nearly (and impossible) 1,000 point width of stop loss.

It’s almost as if the market knows this. Gone are the days of a 1% day being fairly vibrant for the FTSE. Instead, we are starting to regard 4 & 5 percent days as the norm!

Near term, it feels like weakness below yesterday’s 4922 risks reversal down to 4792 points. If broken, secondary calculates down at 4726 points. The tightest stop works out at 5,110 points. It’s going to be worth remembering, this scenario risks taking the FTSE below the critical 4,900 level. If you want to know what that means, listen to the podcast…

Please, do remember we are speculating on the FTSE during trading hours, not before – or after – hours futures.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:02:15PM BRENT 29.16 ‘cess
10:04:30PM GOLD 1556 1520 1509.5 1492 1543 1562 1574 1591 1520 Success
10:37:16PM FTSE 5095 Sorry
10:49:21PM FRANCE 3920 Success
10:52:11PM GERMANY 8990 Success
10:53:49PM US500 2267.64 2184 2124 2034 2296 2394 2441 2528 2227
10:57:29PM DOW 18915 Success
11:03:20PM NASDAQ 7112 Success
11:06:16PM JAPAN 17718

 

23/03/2020 FTSE Closed at 4993 points. Change of -3.8%. Total value traded through LSE was: £ 9,333,810,024 a change of -32.33%
20/03/2020 FTSE Closed at 5190 points. Change of 0.76%. Total value traded through LSE was: £ 13,793,008,167 a change of 30.09%
19/03/2020 FTSE Closed at 5151 points. Change of 1.4%. Total value traded through LSE was: £ 10,602,721,602 a change of 9.14%
18/03/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: £ 9,714,451,101 a change of 6.42%
17/03/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: £ 9,128,689,221 a change of -13.38%
16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%
13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%

 

Wetherspoons for 23/03/2020

#Brent #DAX Achieving notoriety, attempting to claim people congregating will not stop Covid-19, was probably ill-advised for the boss of Wetherspoon. Unthinkingly, he put the public in the awful position of agreeing with Piers Morgan, a publicity hungry celeb, who was ridiculing the notion of pubs remaining open.

It did give reason to pause and wonder, just how bad things risk getting for the pub chain which operates nearly 900 outlets. It’s hard to imagine a quick area of diversification for their premises, other than as “pop up” medical care centres! The option of free drinks for those who recover may make it palatable…

 

All joking aside, Wetherspoons share price isn’t looking terribly healthy at present, a state of affairs likely to continue until such time some clarity is available on how long closures shall last. At time of writing, they’re trading around 700p and it looks like weakness below 616p risks further reversal to an initial 383p. If broken, our secondary “BOTTOM” calculation comes in at 181p.

Unlike other shares, we cannot be coy and toss out a number below 181p. This 181p level represents the number we cannot calculate below without presenting values prefaced with minus signs.

 

For any miracle to occur with Wetherspoons share price, it requires to actually CLOSE a session above RED on the chart, presently 775p. In the absence of Covid-19 miracles, it feels like this share price is about to face a bit of a hammering.

 

FTSE – Our daily public glance at the FTSE last week proved popular. We shall probably continue the exercise this week.

Hey, chart goes here

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:53:09PM BRENT 28.73 28.1 27.465 25.9 30.3 30.8 31.405 32.5 28.8 Success
9:54:56PM GOLD 1499.28 ‘cess
9:59:04PM FTSE 5023.26 ‘cess
10:02:24PM FRANCE 3905 Success
10:04:17PM GERMANY 8612.27 8573 8351 8068 8787 8798 8835.5 8923 8648 ‘cess
10:08:27PM US500 2184.77 ‘cess
10:11:55PM DOW 18225 ‘cess
10:15:21PM NASDAQ 6643.62 Sorry
10:17:54PM JAPAN 15835 Sorry

 

20/03/2020 FTSE Closed at 5190 points. Change of 0.76%. Total value traded through LSE was: £ 13,793,008,167 a change of 30.09%
19/03/2020 FTSE Closed at 5151 points. Change of 1.4%. Total value traded through LSE was: £ 10,602,721,602 a change of 9.14%
18/03/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: £ 9,714,451,101 a change of 6.42%
17/03/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: £ 9,128,689,221 a change of -13.38%
16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%
13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%
12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%

FTSE for Friday 20/03/2020

#FTSE #GOLD #Brent This week has been a long month and we’re far from confident things shall relax. We felt victims of a practical joke by the FTSE, thanks to our demand the index exceed 5181 to give a promise of happy times ahead. The day high on Thursday was, of course, 5181 points at 4pm. In case anyone had been drawing trend lines, based on our trigger level, regrettably this number has nothing to do with trends, instead it’s a strength calculation (aka; nerd gibberish)

From our perspective, the immediate market cannot be trusted to give trend lines any particular meaning. The S&P 500 provides an excellent illustration for the state of the markets, the index making an utter joke of any attempt to paint a downtrend, an unrelenting picture of despair as it lost 1,000 points in a month. While the trend line can obviously be nudged around the screen, about the only thing remaining is the word “maybe” if attempting to pick a signal for recovery.

Instead, we prefer our own methods at present, demanding near term calculations be exceeded before daring exhibit any real hope for a bounce. To use a technical term, the market is “pretty insane” currently!

Hey, chart goes here

FTSE; Once again, despite the market refusing to exceed our 5181, the visuals give some hope for some near term solace. Above 5181 now looks capable of an initial trivial 5238 with secondary, if exceeded, calculating up at 5309 points. Above 5309 looks like 5388 could follow pretty sharply.

 

The alternate position now is of weakness below 4942 bringing reversal to 4855. If broken, secondary comes along at 4,770 points.

 

There is a quite awful feel to things at present, suggesting we are just experiencing a hiatus on the way down. The FTSE realistically needs trade above BLUE, presently 6,000 points, simply to suggest (pretty firmly) the rate of descent has eased.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:55:35PM BRENT 29.2 26.5 26.045 28.3 30.52 31.2225 28.9 ‘cess
9:57:18PM GOLD 1471.67 1463.3 1454 1493 1496 1507.75 1472
10:00:22PM FTSE 5181.52 5082 5024.5 5181 5285 5340.5 5151 Success
10:02:21PM FRANCE 3819 3685 3644.5 3802 3925 3958 3823 ‘cess
10:05:02PM GERMANY 8538.72 8240 7978 8640 8821 8962.5 8589 Shambles
10:12:22PM US500 2355.75 2319 2290.5 2434 2467 2498.5 2376
10:14:58PM DOW 19756 18959 18572.5 19654 20505 20787 20010
10:16:39PM NASDAQ 7221.57 6890 6788 7270 7520 7721 7242 ‘cess
10:31:00PM JAPAN 17210 16684 16242.5 17170 17792 18047.25 17120 Success

 

 

19/03/2020 FTSE Closed at 5151 points. Change of 1.4%. Total value traded through LSE was: £ 10,602,721,602 a change of 9.14%
18/03/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: £ 9,714,451,101 a change of 6.42%
17/03/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: £ 9,128,689,221 a change of -13.38%
16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%
13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%
12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%
11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%

 

FTSE for Thursday 19/03/2020

#Gold #SP500 #FTSE A few financial journos have been suggesting the stock markets close during this time of crisis. Needless to say, there’s an opposing viewpoint but the funny thing is, they’re both probably correct. During the last crash, we’d naively written for trading in banking shares to be suspended until such time the markets stabilised in the years ahead. This enlightened attitude may have been something to do with 1/4 million shares in RBS and watching life savings going on a prolonged holiday!

The “funny” thing, when RBS hit 9.8p in March 2009, rather a few folk pounced, doubtless believing the 10p level was certain to provide a reasonable bounce. This supposition proved correct. Until now! With RBS hitting 125p on the 18th March (let’s be honest, it’s really 12.5p) we’re not entirely confident of a bounce appearing. We remain trapped in the bank, thankfully our overall shareholding now reduced to less eye-watering, loss-making, levels.

As for the stock market, the day to close the markets was 6th March. On that day, the FTSE closed below the uptrend since 2009, achieving a lower low. To us, this was a bad thing.

But crucially, the closure could not be justified unless one was pretty confident in what was coming next, the good old “time machine” scenario. Needless to say, we had a report published on the 6th (link), one which has proven rather concise in the 2 weeks since. Unfortunately, despite being proven correct in our reversal scenario, we’re uncomfortable with any “shut the markets” philosophy unless it’s introduced with precise criteria to justify re-opening. In addition, a policy of market closures would need equal safeguards for sudden, unprecedented, rise in the markets.

For instance, what if a cure for Covid-19 were announced, something cheap which could simply be added to drinking water. Or preferably whisky!

The next day, the markets would move faster than someone with a dodgy immune system, hearing a distant cough…

Hey, chart goes here

As for the FTSE near term, some very slight hope feels possible, the FTSE ‘only’ needing to exceed 5181 to enter a cycle to an initially 5245 points with secondary, if exceeded, calculating at 5323 points.  We’re less than confident with this scenario, thanks to the minute by minute chart below. As shown, since 6th March, the UK index has adhered to a fairly firm pace of reversal below Blue. Only with a fairly solid chunk of movement above this trend will we dare raise an eyebrow.

Should the more recent pattern of misery repeat, now below 5006 points looks very capable of reversal to 4863 with secondary, when broken, at 4780 points.

Hey, chart goes here

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

9:34:58PM

BRENT

27.42

Success

9:36:57PM

GOLD

1486.73

1472

1452.5

1419

1504

1522

1554

1589

1504

9:39:39PM

FTSE

5079

9:42:38PM

FRANCE

3765.8

‘cess

9:45:27PM

GERMANY

8449

‘cess

9:56:14PM

US500

2391

2271

2221.5

2059

2420

2460

2478

2547

2361

Success

10:07:35PM

DOW

20079

Success

10:09:45PM

NASDAQ

7150

Success

10:12:13PM

JAPAN

16513

18/03/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: £ 9,714,451,101 a change of 6.42%
17/03/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: £ 9,128,689,221 a change of -13.38%
16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%
13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%
12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%
11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%
10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

 

FTSE for 18/03/2020

#France #Nasdaq Concealing a fart with a cough! The converse has become a social necessity, giving a brilliant mental image of a packed elevator providing a gastric symphony, office workers trying to disguise even the slightest cough, returning to the office from a smoking break…

Self-isolation, Day Two, proved remarkably laid back. As someone who utterly detests frivolous medication, a suggestion of Lemsip, along with a dollop of Honey, to tackle my common cold was tried. Surprisingly, it dried the dripping part of the cold, eased the sore throat, and perhaps eased the cough. But more importantly, the popular cold remedy knocked me for a six. Aside from monitoring the markets opening in the morning, normal mental activity did not resume until lunchtime.

 

So, did the UK Chancellor just fart in an elevator?

For most watching, his speech at first appeared enthralling, finally, Westminster starting to taking things seriously. As he expanded, the level of commitment left this viewer wondering just how bad things are going to get. It’s one thing making a solid attempt to “protect the markets” but what if the country emerges with a workforce without jobs, multiple businesses opting to take the safe route and just close down. Will the UK Govt find themselves taking utilities/airlines back into public ownership, simply by issuing loans in exchange for equity?

 

Firstly, something glaringly obvious we keep forgetting to point out. In these volatile times, the FTSE continues to experience some sort of spike at the open. Usually (but NOT always), a spike will provoke a day traveling in the opposite direction. Our rule of thumb, if the height (or depth) of a spike is exceeded within the first hour, expect the worst. Thus, if the market is spiked UP at the open yet the value drops below the opening value of trade, expect a drop. Conversely, if a market is spiked DOWN at the open, the opposite will generally prove true. And like all rules, it will sometimes be broken without warning.

From the point at which the FTSE closed Tuesday, very little is required to provoke some upward travel on Wednesday. Moves now above 5300 should prove capable of an initial 5349 points. If exceeded, life gets interesting as secondary calculates at 5511 points, along with the hope the market has not perceived the chancellor as farting in an elevator.

The UK index needs below 4977 to give some real concern for the near term, calculating with an initial risk of reversal to 4792 points with secondary, when broken, down at a more painful 4480 points.

 

As always, we are discussing The FTSE, not after hours futures…

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:31:17PM BRENT 29.66
9:35:35PM GOLD 1529.07 Shambles
9:37:53PM FTSE 5259.72 ‘cess
9:46:33PM FRANCE 3959 3754 3678.5 3564 3922 4025 4127.5 4296 3900 ‘cess
10:12:27PM GERMANY 8882 ‘cess
10:15:18PM US500 2484.67 Success
10:20:34PM DOW 20926
10:22:49PM NASDAQ 7329 7228 7147 7011 7417 7510 7593.5 7688 7283 Success
10:24:49PM JAPAN 17186
17/03/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: £ 9,128,689,221 a change of -13.38%
16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%
13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%
12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%
11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%
10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%
9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

 

FTSE for 17/03/2020

#FTSE #Gold #SP500 There was a certain thrill at being ordered to ‘self isolate’, when phoning the hospital if it was okay to turn up for a blood test while ‘enjoying’ a dripping cold. Suddenly, life got serious, along with a need to text everyone. The balloon of being special, swiftly punctured, when wife pointed out the only people I tend see regularly are hospital staff every three months for blood tests…

Covid-19 continues to disrupt normal peoples lives with the FTSE suffering a pretty dreadful Monday. If fairness, the drop was kick-started with an opening second 100 point reversal. This proved sufficient to ensure both targets given in our previous report were achieved by 8:30am, damping 289 points in the bank. We’re now rather invested in a simple little movement the FTSE enacted at 4pm.

Our most optimistic thoughts planned for the market achieving a rebound toward 5160 points but somehow or other, the FTSE achieved 5187, holding the level for a few minutes. If this upward surge is a sign of some strength making itself felt, we can calculate movement now above 5187 should bring an initial (tame) 5253 points. If exceeded, our secondary calculates at a more interesting 5424 points.

When we review after hours FTSE Futures, we’re not entirely sold on optimism. Visually, the greater danger appears to be of weakness below 4902 bringing reversal to an initial 4791 points. If broken, near term secondary is at 4738 points.

At present, the FTSE needs exceed 5425 points to break above the immediate March downtrend.

Hey, chart goes here

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

9:34:47PM

BRENT

30.71

               

‘cess

9:41:25PM

GOLD

1514

               

Success

9:47:23PM

FTSE

5034

               

‘cess

10:20:46PM

FRANCE

3792

               

‘cess

10:23:16PM

GERMANY

8586

               

‘cess

10:25:56PM

US500

2420.79

2384

2369.5

2257

2475

2454

2484.5

2518

2395

10:29:03PM

DOW

20424

               

‘cess

10:31:13PM

NASDAQ

7068.25

               

‘cess

10:33:22PM

JAPAN

16490

               

‘cess

16/03/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: £ 10,538,775,450 a change of -6.31%

13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%

12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%

11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%

10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

 

FTSE for 16/03/2020

#Brent #DAX #FTSE There’s something almost horrific about the words “Underlying Health Condition”. Even at this early stage, the media opt to slide the term in, following news of a Covid-19 death, obviously sending the comforting message – ‘you’ll be okay’ to the rest of the populace. Have gone through chemo in 2019, this writer enjoys an “underlying health condition” thus, is concerned. A lingering cold since Xmas gives a reminder of the strength – or otherwise – of the immune system.

We’re going to focus on the FTSE daily while this volatility remains as it certainly has an underlying health condition. Our report on Friday proved pretty concise, the market opting to march up to the top of a hill, then march all the way down again. It closed the day at 5323 points.

Weakness now below 5237 should anticipate reversal down to an initial 5136 points. If broken, secondary now calculates down at 4948 points. This is obviously pretty dangerous, tending confirm the risk of longer term reversal down to the 3,000’s. Unfortunately, the tightest visual stop loss level in this scenario is absurdly wide at 5404 points.

Above 5404 is supposed to generate a lift to 5444 points. If exceeded, secondary is at 5503 points. We have our doubts.

Finally, always remember we are discussing The FTSE during trading hours, not FTSE After Hours Futures.

Hey, chart goes here
Hey, chart goes here
FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

7:04:06PM

BRENT

35.32

33.33

31.905

25

35.3

36.7

39.135

41.15

33.7

7:06:38PM

GOLD

1530.66

               

‘cess

7:08:27PM

FTSE

5664

               

‘cess

8:18:52PM

FRANCE

4304

               

Success

8:25:31PM

GERMANY

9620.5

9050

8611

6987

9675

9732

9983

10294

9340

Success

8:52:09PM

US500

2669.2

               

Success

9:06:49PM

DOW

22860

               

Success

9:11:25PM

NASDAQ

7829

               

Success

9:38:40PM

JAPAN

17973

               

Success

 

 

13/03/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: £ 11,248,883,463 a change of 60.84%

12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%

11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%

10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%