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| Yesterday’s UK 100 Leaders | Close (p) | Chg (p) | % Chg | % YTD |
| Morrison (Wm) Supermarkets PLC | 218.4 | 6.1 | 2.9 | -0.7 |
| Shire PLC | 3600 | 92.5 | 2.6 | -7.7 |
| Imperial Brands PLC | 2506 | 62.5 | 2.6 | -20.9 |
| Smurfit Kappa Group PLC | 3002 | 74 | 2.5 | 19.7 |
| Diageo PLC | 2430 | 45 | 1.9 | -10.8 |
| Yesterday’s UK 100 Laggards | Close (p) | Chg (p) | % Chg | % YTD |
| GKN PLC | 428.5 | -17.7 | -4.0 | 34.2 |
| Anglo American PLC | 1587.8 | -52 | -3.2 | 2.5 |
| Glencore PLC | 345 | -11.3 | -3.2 | -11.5 |
| Mediclinic International PLC | 556 | -17.4 | -3.0 | -14.4 |
| Randgold Resources Ltd | 5714 | -168 | -2.9 | -22.9 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 7,034.0 | 3.6 | 0.05 | -8.5 |
| UK | 19,264.2 | -133.8 | -0.69 | -7.1 |
| FR CAC 40 | 5,141.8 | -10.3 | -0.20 | -3.2 |
| DE DAX 30 | 11,957.9 | -44.6 | -0.37 | -7.4 |
| US DJ Industrial Average 30 | 24,264.3 | 231.0 | 0.96 | -1.8 |
| US Nasdaq Composite | 7,042.1 | 100.8 | 1.45 | 2.0 |
| US S&P 500 | 2,644.7 | 30.2 | 1.16 | -1.1 |
| Commodities | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, West Texas Int. ($/barrel) | 63.57 | 0.46 | 0.72 | 5.8 |
| Crude Oil, Brent ($/barrel) | 68.29 | 0.60 | 0.88 | 2.5 |
| Gold ($/oz) | 1326.88 | -8.72 | -0.65 | 1.8 |
| Silver ($/oz) | 16.29 | -0.08 | -0.48 | -3.5 |
Click graph to enlarge
UK 100 index called to open up 90 points at 7120 following a remarkable turnaround in US stocks yesterday with the Dow Jones closing almost 800 points above the daily low. Asian equity markets also closing all mostly higher.
Following yesterday’s decline , UK Index managed to hold above 7000 once again. Bulls will be still hoping for a breakthrough of 7150 to continue the upward momentum. Bears on the other hand will be eyeing a break of 7000 with the hopes of then extending losses back to March lows of 6920.
Calls for a positive open come after risk sentiment improved in the second half of yesterday’s Wall Street session on easing trade concerns and this supported Asian bourses overnight. The White House said they hoped China would change its unfair practices so the US could avoid the introduction of the proposed import tariffs.
Also, fuelling the rally yesterday, St Louis Fed President James Bullard said on Wednesday ‘no more rate hikes were needed as policy was close to neutral’ uplifting the US markets with his ultra-dovish tone.
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Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research