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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BRITISH AMERICAN TOBACCO PLC | 3,155.5 | 6.9% |
| LONDON STOCK EXCHANGE GROUP | 7,058.0 | 6.5% |
| INTERTEK GROUP PLC | 5,962.0 | 4.5% |
| SMITH & NEPHEW PLC | 1,924.5 | 3.5% |
| STANDARD CHARTERED PLC | 699.2 | 3.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| MONDI PLC | 1707.0 | -5.4% |
| ROYAL DUTCH SHELL PLC-B SHS | 2472.0 | -5.0% |
| ROYAL DUTCH SHELL PLC-A SHS | 2466.0 | -4.9% |
| GLENCORE PLC | 254.5 | -4.5% |
| ANGLO AMERICAN PLC | 1952.0 | -4.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,585 | 0.0% | 0.1% |
| DOW JONES INDUS. AVG | 26,583 | -1.1% | 5.0% |
| DAX INDEX | 12,253 | 0.5% | -2.3% |
| NIKKEI 225 | 21,087 | -2.1% | -6.3% |
| S&P/ASX 200 INDEX | 6,769 | -0.3% | 8.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 55.00 | 1.95% |
| Brent Crude (ICE) | USD/bbl. | 61.91 | 2.33% |
| Gold Spot | USD/t oz. | 1,434 | -0.8% |
| Copper (Comex) | USd/lb. | 262 | -1.6% |
Click graph to enlarge
UK 100 called to open lower by 80pts this morning at 7500; this comes on the back of Trump placing further tariffs on Chinese imports (10% on $300bn) and in turn escalating the ongoing trade dispute. In other geopolitical news overnight, North Korea heightened tensions with further missile launches. This all added up to the Dow Jones losing a further 280 points (Following a 300pts drop the previous day!) this also lead the S&P & the Nasdaq lower. Asian markets also had a tough trading session, the Nikkei and the Hang Seng both giving up more than 2% during the session. Oil also fell sharply overnight, falling from $64 a barrel to $61! Gold was the big winner, with risk off appetite strong, rising to $1433.
BT reported 1Q 2019 revenue of £5.63bn and adjusted core earnings of £1.96bn, both ahead of analysts consensus. On track to meet full year guidance.
IAG reported better than expected profit for Q2 960m euros, +5% ahead of average consensus (914m euros). Average passenger unit revenue to improve for the rest of the year.
RBS announced a £1.7bn dividend, but warned a tough economic environment will curtail its profitability over the next 18 months. 1H 2019 pre-tax profit of £2.7bn, ahead of average consensus (£2.3bn).
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Premier Oil Downgraded to Equalweight by Barclays (Bloomberg: 11 Buys / 4 Holds / 0 Sell)
Standard Charterted Upgraded to Buy by Morningstar(Bloomberg: 11 Buy / 6 Holds / 10 Sells)
Fresnillo Downgraded to Hold by HSBC (Bloomberg: 5 Buys / 10 Holds / 1 Sell)
U.K Construction PMI data (9.30am)
Eurozone retail sales data (10.00am)
Non-Farm payrolls (1.30pm)
IAG, RBS, BT
BT: 5.8%
Informa: .86%
GSK: 1.12%
AstraZeneca: 1.02%
Unilever: 0.74%
Diageo: 1.23%
Hiscox: 0.66%
BP: 1.54%
Fresnillo: 0.35%
Lloyds: 2.10%
Rentokil: 0.35%
Direct Line Group: 2.23%
Barclays: 1.92%
Standard Chartered: 0.82%
Rio Tinto: 3.81%
Ashtead: 1.47%
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