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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BRITISH AMERICAN TOBACCO PLC | 2,924.5 | 3.3% |
| IMPERIAL BRANDS PLC | 2,065.5 | 2.3% |
| ANTOFAGASTA PLC | 881.2 | 1.8% |
| SAINSBURY (J) PLC | 216.5 | 1.6% |
| WM MORRISON SUPERMARKETS | 202.0 | 1.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| TUI AG-DI | 927.0 | -3.4% |
| OCADO GROUP PLC | 1299.0 | -3.1% |
| HALMA PLC | 1914.0 | -3.0% |
| PERSIMMON PLC | 2053.0 | -2.8% |
| AVEVA GROUP PLC | 3564.0 | -2.6% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,290 | 0.0% | -3.0% |
| DOW JONES INDUS. AVG | 26,971 | 0.6% | 2.2% |
| DAX INDEX | 12,234 | -0.6% | -1.2% |
| NIKKEI 225 | 22,018 | 0.0% | -8.0% |
| S&P/ASX 200 INDEX | 6,675 | -0.5% | 7.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 56.39 | -0.18% |
| Brent Crude (ICE) | USD/bbl. | 62.27 | -0.19% |
| Gold Spot | USD/t oz. | 1,509 | 0.4% |
| Copper (Comex) | USd/lb. | 261 | -0.2% |
Click graph to enlarge
UK 100 called to open flat at 7290; this follows yesterday’s release of crucial transcript between Donald Trump and Ukraine president. Also driving the UK Index yesterday was pound weakness following parliament returning after prorogue was deemed unlawful. In other geopolitical news The U.S. president said a deal with China is getting closer and closer, before announcing sanctions on some Chinese firms for selling Iranian oil. He also touted progress on trade talks with Japan. Stateside we saw the Dow Jones rally from a muted open to close the day in triple digit growth (+.61%). This positive sentiment continued through into Asian sessions with the Nikkei also closing the day positively (+.28%). Oil maintained the $62 a barrel level it struck over the weekend. Whilst gold yesterday rallied on risk off positioning from investors only to pull back $20 per Troy ounce during training hours to settle at $1510. Evidence of the Trump dump bounce being back in full force?
BAE have been awarded a $2.7bn U.S defense contract for production of the advanced precision kill weapon system.
Pearson announce that they expect operating profit to be at the bottom of the guidance range of £590m to £640m. This is due to weaker performance in their US higher education courseware.
Imperial Brands announce that in light of a challenging NGP market in the USA and changes to their results expectations in the Africa, Asia and Australasia that group net revenue for the year is now expected to grow at around 2%, with a flat EPS.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Tui downgraded to Add by Alphavalue (Bloomberg: 15 buys/ 8 holds/ 1 Sells)
Keller Group downgraded to hold by Numis (Bloomberg: 4 buys/ 2 holds/ 0 sells)
Micro Focus upgraded to neutral by JP Morgan (Bloomberg: 3 buys/ 3 holds/ 4 sells)
ECB Economic Bulletin
US GDP
US Goods Trade Balance
Carnival, Mitchells & Butler, DFS
Pennon Group
Tesco, Greggs, Ted Baker
(Full list available on Week in advance)
Morrisons - 1.9%
Hargreaves Lansdown - 1.6%
Smurfit Kappa Group - 1.0%
IG Group - 5.1%
Bovis Homes - 1.9%
(Full list available on Week in advance)
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