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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| OCADO GROUP PLC | 1,204.0 | 4.6% |
| TUI AG-DI | 777.4 | 4.1% |
| GLENCORE PLC | 233.0 | 3.8% |
| DS SMITH PLC | 324.8 | 3.5% |
| SAINSBURY (J) PLC | 188.4 | 3.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| FRESNILLO PLC | 652.0 | -1.8% |
| PRUDENTIAL PLC | 1399.0 | -1.2% |
| SAGE GROUP PLC/THE | 695.6 | -0.5% |
| VODAFONE GROUP PLC | 150.3 | -0.3% |
| FLUTTER ENTERTAINMENT PLC | 6488.0 | -0.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,190 | 1.0% | -5.3% |
| DOW JONES INDUS. AVG | 26,136 | 1.0% | 1.5% |
| DAX INDEX | 11,715 | 1.3% | -5.0% |
| NIKKEI 225 | 20,677 | 0.6% | -6.9% |
| S&P/ASX 200 INDEX | 6,545 | 1.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 56.23 | 0.04% |
| Brent Crude (ICE) | USD/bbl. | 59.84 | 0.17% |
| Gold Spot | USD/t oz. | 1,498 | 0.1% |
| Copper (Comex) | USd/lb. | 260 | 0.0% |
Click graph to enlarge
UK 100 called to open +22 points at 7211; Yesterdays positive sentiment continued to drive a risk on attitude, on the back of US President Donald Trump saying they “we’re talking” with China, regarding a trade deal. Overnight trading in Asia saw shares nudge higher on the hope of further stimulus and the easing of recession concerns. The U.S also had a positive trading session seeing the Dow stabilise above the 26,100 handle. Oil rise further towards the $60 a barrel level (currently $59.88 at time of writing) as gold suffered yesterday as investors preferring risk on into equities opposed to safe havens such as gold, currently holding above $1500 at $1506.
AstraZeneca announced Farxiga met primary endpoint in landmark Phase III DAPA-HF trial for the treatment of patients with heart failure.
BHP Group reported H1 2019 profit (+2%), increase in dividend per share (+13%) and Net Debt (-16%). Entering the 2020 financial year with positive momentum and a strong outlook for both volume and cost.
John Wood reported a 2.6% drop in H1 2019 revenue, with adjusted core earnings of $384m and margins of 8%. They also announced the sale of its nuclear energy business for $305m to Jacob Engineering.
Persimmon reported lower H1 2019 profits of £509.3m (-1.4%). This was due to delays in delivering properties that were close to completion as they focused on better quality and customer service. They expect the group’s cash generation to remain strong for the full-year.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Rentokil downgraded to Sector Perform by RBC (Bloomberg: 6 Buys/ 6 Holds/ 4 Sells)
Greene King downgraded to In Line by Morgan Stanley (Bloomberg: 7 Buys/ 4 Holds/ 2 Sells)
Antofagasta Upgraded to Neutral by Goldman Sachs (Bloomberg: 10 Buys/ 9 Holds/ 4 Sells)
Glencore Upgraded to Neutral by Goldman Sachs (Bloomberg: 14 Buys/ 13 Holds/ 1 Sells)
Royal Dutch Shell downgraded to Equalweight by Barclays (17 Buys/ 7 Holds/ 1 Sell)
German PPI (07.00am)
API weekly crude oil stock (10.30pm)
Feds Quarles speech (11.00pm)
Persimmon, BHP group, John Wood
Costain Group, Antofagasta, John Liang Group, NMC health, Premier Oil
(Full list available on Week in advance)
Croda
Imperial Brands
Keller Group
London Stock Exchange Group
Reckitt Benckiser
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