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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BP PLC | 524.6 | 4.0% |
| BT GROUP PLC | 177.2 | 3.4% |
| ROYAL DUTCH SHELL PLC-A SHS | 2,331.0 | 2.1% |
| ROYAL DUTCH SHELL PLC-B SHS | 2,322.5 | 1.9% |
| MICRO FOCUS INTERNATIONAL | 1,147.6 | 1.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| PRUDENTIAL PLC | 1480.0 | -3.5% |
| EVRAZ PLC | 518.0 | -3.3% |
| ROLLS-ROYCE HOLDINGS PLC | 805.6 | -3.2% |
| ST JAMES’S PLACE PLC | 1002.5 | -2.7% |
| CRH PLC | 2761.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,321 | -0.6% | 0.3% |
| DOW JONES INDUS. AVG | 27,077 | -0.5% | 3.9% |
| DAX INDEX | 12,380 | -0.7% | 2.4% |
| NIKKEI 225 | 22,001 | 0.1% | -4.7% |
| S&P/ASX 200 INDEX | 6,695 | 0.3% | 8.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 62.35 | -0.87% |
| Brent Crude (ICE) | USD/bbl. | 68.83 | -0.28% |
| Gold Spot | USD/t oz. | 1,496 | -0.2% |
| Copper (Comex) | USd/lb. | 263 | -0.4% |
Click graph to enlarge
UK 100 called to open -10 points at 7311; On the back of news that an initial trade accord with Japan to be finalised in coming weeks, however global markets have pulled back as Geo-political events over shadow markets, as trade fears once again raised there head above the para-pit. There may also be an argument for some profit taking causing this slightest of pull backs, we have seen shares rally as much as 20% in the last few trading sessions, is this simply evidence of investors looking for a pull back to buy back in? The Dow Jones closed the day -140 points, in Asia the Hang Seng was the most affected giving up more than 400 points. Oil continued to rally overnight settled just shy of $70 a barrel, could this once again send the UK Index oilies into orbit? Gold retraced from its highs yesterday of $1510 to $1495.
Ocado reported growth in retail revenue +11.4%, in line with full year guidance. Growth in average orders per week +12.1%, average order size -0.8% reflecting slightly greater frequency of purchase.
Staffline reported a H1 2019 loss as it said Brexit has become a source of unprecedented uncertainty, which in turn has dented consumer confidence. Trading remains challenging and now expects to deliver a full-year adjusted operating profit of £20m.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Johnson Matthey Downgraded to equalweight by Barclays (Bloomberg: 10 Buys/ 6 Holds/ 4 Sells 12 month price target: 3564p)
St Modwen Upgraded to buy by Numis (Bloomberg: 4 Buys/ 1 Holds/ 0 Sells 12 month price target: 476p)
BHP Billiton Upgraded to Neutral by Jefferies (Bloomberg: 4 Buys/ 1 Holds/ 0 Sells 12 month price target: 1870p)
German ZEW Economic sentiment
US Industrial production
API Weekly Crude Oil Count
Ocado, Staffline
Kingfisher, Pendragon, Rockhopper
Next, Clinigen, Kier Group, Smiths Group, IG Group, Saga, Sound Energy
(Full list available on Week in advance)
Crest Nicholson - 3.1%
BCA Marketplace - 2.8%
Petrofac - 2.5%
Drax Group - 2.4%
(Full list available on Week in advance)
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