FTSE positive as Clinton tops Trump in debate


Hillary Clinton was the winner of the first presidential debate, according to global markets, with the FTSE regaining some of Monday’s losses in early trading.

The FTSE 100 was up 0.5 per cent in early trading reaching 6,849, in contrast to yesterday when it fell 1.3 per cent partly due to market nerves about the first presidential debate between Clinton and her Republican rival Donald Trump.

However, a CNN poll after the debate found 62 per cent of viewers thought Clinton won in the first face off against Trump

The UK index followed in the footsteps of European and Asian markets, which also made some ground recovering from their Monday losses.

Head of Dealing at stockbroker Interactive Investor Andy McLevey says: “Early online reaction indicates Hillary Clinton fared better in the first televised US presidential debate however markets remain some way off recouping yesterday’s heavy losses.

“The focus on the US election is only going to increase as November’s election draws ever nearer and investors will need to focus on what the result may mean for markets in general therefore as the race hots up and the two candidates jockey for position the volatility of late looks set to continue.”

McLevey listed Lloyds, Glencore and RBS as the most actively traded blue-chip stocks in early trading, while Boohoo, Solgold and Frontera Resources dominated mid and small-cap trading.