12th May 2020. 2.23pm
UK Sector Snapshot
The general rally in the FTSE has been relatively broad based with even the laggard sectors of Banking and Oil & Gas strengthening during the last week.
However, the most notable moves have come from the defensive sectors, Utilities and Consumer Defensive. Both sectors have broken to new six-week highs and indicate the underlying sentiment within the market right now.
This research is prepared for general information only and should not be construed as any form of investment advice.