20th Oct 2020. 3.45pm

Regency View:
UK Sector Snapshot
Whilst the FTSE is still caught up on the 5,800 support zone, the sector game continues to evolveā¦
The Banking bounce back looks to be entering its second phase, but the how sustainable this is given the long-term downtrends across the sector remains to be seen.
Oil & Gas on the other hand, continues to languish near its lows, with BP (BP.) hitting 15-year lows last week.
The standout Utilities sector has started to consolidate its recent gains, much like Housebuilding & Construction which seems to be gearing up for another push to the upside.
Disclaimer:
This research is prepared for general information only and should not be construed as any form of investment advice.