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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| TUI AG-DI | 804.0 | 5.1% |
| OCADO GROUP PLC | 1,194.5 | 4.7% |
| ANTOFAGASTA PLC | 934.0 | 3.9% |
| JOHNSON MATTHEY PLC | 3,131.0 | 2.8% |
| SAINSBURY (J) PLC | 205.9 | 2.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| FRESNILLO PLC | 794.8 | -2.3% |
| WPP PLC | 916.8 | -2.2% |
| BERKELEY GROUP HOLDINGS/THE | 3756.0 | -1.9% |
| DS SMITH PLC | 357.2 | -1.7% |
| INTL CONSOLIDATED AIRLINE-DI | 450.1 | -1.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,509 | 0.2% | -2.2% |
| DOW JONES INDUS. AVG | 27,154 | -0.3% | 8.4% |
| DAX INDEX | 12,260 | 0.3% | -2.4% |
| NIKKEI 225 | 21,401 | -0.3% | -5.7% |
| S&P/ASX 200 INDEX | 6,689 | -0.2% | 6.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 56.06 | 0.77% |
| Brent Crude (ICE) | USD/bbl. | 63.46 | 1.58% |
| Gold Spot | USD/t oz. | 1,426 | 0.1% |
| Copper (Comex) | USd/lb. | 275 | -0.1% |
Click graph to enlarge
UK Index called up 7 Points at 7515; This is despite rising tensions between the UK and Iran over the seizure of UK tanker in the Gulf. Departing PM Teresa May will hold a meeting of the Cobra committee today to discuss the issue. Overnight Asian sessions were muted seeing the Nikkei shelling around a quarter of a percent & the Hang Seng losing nearly one percent. Oil rebounded from its lows of Thursday ($62 per barrel) now sitting at $63.6. Gold continued to climb touching $1430 in overnight trading before settling at $1425.
Anglo American platinum production update. EBITDA +82% and EPS +82%. Also zero fatalities at own managed operations.
Whitbread have completed their £2.5bn return of capital programme and announced the purchase of 40m ordinary shares at a strike price of 4,972p.
Metro Bank confirms discussions regarding the potential sale of a loan portfolio are taking place.
IQE announces Dr Howard Williams Chief Operating Officer will retire at the end of 2019 from his current role, who was a founding member of the company.
Petra Diamonds trading update announces FY production of 3.87 Mcts v FY 2018 3.84 Mcts, in line with guidance. FY 2020 guidance expected to be 3.8 Mcts.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Sainsbury Upgraded to Overweight by Barclays (Bloomberg: 5 Buys / 11 Holds / 5 Sell)
ASOS Downgraded to Neutral by JP Morgan (Bloomberg:15 Buys / 6 Holds / 5 Sells)
EasyJet Upgraded to Hold by HSBC (Bloomberg:10 Buys / 14 Holds / 2 Sells)
UK CBI data (11.00am)
Chicago Fed National activity index (1.30pm)
Bank of Japan Governor Kuroda speech (4.00pm)
Companies reporting this week:
Fevertree, Antofagasta, Metrobank, GSK, ITV, Tullow Oil, Katz, AstraZeneca, Diageo, Unilever & Vodafone (Check our the week in advance for a full list)
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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