Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

18th Aug 2020. 9.49am

Regency View:

UK Sector Snapshot

Housebuilding & Construction has continued its strong recent run with the composite sector chart (below) hitting new trend highs.

As mentioned before, this sector theme has some very clear stars and laggards with Ferguson (FERG), Persimmon (PSN) and Berkeley Group (BKG) considerably outperforming the likes of Taylor Wimpey (TW.), Barratt Developments (BDEV) and Balfour Beatty (BBY).

The early signs of recovery in the Banking and Oil & Gas looks to have fizzled out this week with stocks in both sectors starting to rollover and resume long-term downtrends. While the standout Metals & Mining sector continues to take a well-earned pause for breath following the stellar gains witnessed since early-May.

FTSE 100 Key Sector Snapshot

FTSE 100 Key Sector Snapshot

Disclaimer:

This research is prepared for general information only and should not be construed as any form of investment advice.