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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BURBERRY GROUP PLC | 2,204.0 | 4.5% |
| NMC HEALTH PLC | 1,936.0 | 4.1% |
| FLUTTER ENTERTAINMENT PLC | 6,684.0 | 3.9% |
| TUI AG-DI | 789.0 | 3.7% |
| DS SMITH PLC | 332.6 | 3.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| PHOENIX GROUP HOLDINGS PLC | 643.5 | -2.4% |
| ROYAL BANK OF SCOTLAND GROUP | 181.9 | -1.4% |
| LEGAL & GENERAL GROUP PLC | 221.1 | -1.3% |
| BHP GROUP PLC | 1713.8 | -1.2% |
| BT GROUP PLC | 161.8 | -0.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,204 | 1.1% | -4.9% |
| DOW JONES INDUS. AVG | 26,203 | 0.9% | 1.8% |
| DAX INDEX | 11,803 | 1.3% | -4.7% |
| NIKKEI 225 | 20,628 | 0.1% | -7.8% |
| S&P/ASX 200 INDEX | 6,502 | 0.3% | 3.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 55.56 | -0.22% |
| Brent Crude (ICE) | USD/bbl. | 60.13 | -0.28% |
| Gold Spot | USD/t oz. | 1,502 | -0.1% |
| Copper (Comex) | USd/lb. | 257 | -0.8% |
Click graph to enlarge
UK 100 called to open slightly lower this morning (-22 points, 5.8 of these being dividends) This morning at 7181; However this is still 60 points higher than this time yesterday! Global markets once again showed their resilience following the Fed’s minutes last night, Asian sessions were slightly muted but held firm as did US stocks which refused to give up the days gains! This is after the markets were told “not to expect automatic rate cuts”. Oil maintained the $60 per barrel level, this could be key for the UK Index listed oilies today, could we see a continuation of yesterday’s rise? Gold maintained its level of $1502 from yesterday maybe an indication that risk on appetite is still very much in play?
Antofagasta reported a H1 2019 profit of +44%, benefiting from higher copper sales, by-product revenue and lower cost of production. Core earnings rose to $1.31bn (2018: $904.2m) & revenue +19% to $2.53bn, but net cash costs -22% to $1.19 per pound of copper.
Mulberry announce the appointment of Charles Anderson to the Company's board of directors as Group Finance Director with effect from early October 2019.
NMC Health announced revenues of $1,236m (2018: $932m). EBITDA $323.5m (2018: $225.5m). Intends to immediately start the process to seek shareholder approval for a share buyback programme.
Premier Oil announced +23.5% rise in H1 2019 profit after tax to $121m (2018: $98m) boosted by record output and reiterated its targets for the year. This was helped by higher contribution from Catcher field in Britain's North Sea.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Ferrexpo Downgraded to Sell by Liberum (Bloomberg: 5 Buys / 6 Holds / 3 Sells)
BHP Group Downgraded to Sell by Liberum (Bloomberg: 5 Buys/ 19 Holds/ 6 Sells)
Anglo American Downgraded to Sell by Liberum (Bloomberg: 17 Buys/ 10 Holds/ 4 Sells)
Rio Tinto Downgraded to Sell by Liberum (Bloomberg: 8 Buys/ 13 Holds/ 9 Sells)
Tui Downgraded to Hold by Numis (Bloomberg: 15 Buys/ 7 Holds/ 2 Sells)
Costain Upgraded to Hold by Numis (Bloomberg: 4 Buys/ 2 Holds/ 0 Sells)
Burberry Downgraded to Sell by Morningstar (Bloomberg: 2 Buys/ 14 Holds/ 7 Sells)
Hastings Upgraded to Buy by Goldman Sachs (Bloomberg: 10 Buys/ 5 Holds/ 2 Sells)
Jackson hole Symposium
Eurozone Markit PMI (9.00am)
ECB monetary policy accounts (12.30pm)
US manufacturing Markit PMI (2.45pm)
Costain Group, Antofagasta, John Liang Group, NMC health, Premier Oil
Croda
Imperial Brands
Keller Group
London Stock Exchange Group
Reckitt Benckiser
(Full list available on Week in advance)
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