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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| LEGAL & GENERAL GROUP PLC | 275.0 | 2.7% |
| PRUDENTIAL PLC | 1,498.0 | 2.6% |
| RENTOKIL INITIAL PLC | 453.0 | 2.4% |
| TUI AG-DI | 1,057.5 | 2.4% |
| SPIRAX-SARCO ENGINEERING PLC | 7,500.0 | 2.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| MONDI PLC | 1533.5 | -5.0% |
| DS SMITH PLC | 334.2 | -5.0% |
| SMURFIT KAPPA GROUP PLC | 2444.0 | -3.6% |
| BAE SYSTEMS PLC | 540.0 | -2.8% |
| SMITHS GROUP PLC | 1575.5 | -2.2% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,182 | 0.2% | 2.2% |
| DOW JONES INDUS. AVG | 27,026 | 0.1% | 6.5% |
| DAX INDEX | 12,655 | -0.1% | 9.2% |
| NIKKEI 225 | 22,493 | 0.2% | -0.7% |
| S&P/ASX 200 INDEX | 6,650 | -0.5% | 11.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 53.77 | -0.30% |
| Brent Crude (ICE) | USD/bbl. | 59.54 | -0.62% |
| Gold Spot | USD/t oz. | 1,490 | -0.1% |
| Copper (Comex) | USd/lb. | 259 | -0.2% |
Click graph to enlarge
UK 100 called to open -22 points to open at 7160; This comes on the back of a momentous day yesterday as a deal was struck between the UK and the EU for Brexit, Boris Johnson begins efforts today to persuade Parliament to back his Brexit deal. He'll be looking for votes to replace the 10 he won't get from the DUP, as critics weigh whether to cave in and accept the plan or face the prospect of a no-deal divorce. Global equity markets saw a mixed trading session, The U.S saw modest gains across all markets, this on the back of the U.S. brokering a Syria deal, holds off Turkey sanctions. In Asia we saw an up and down trading session with the Nikkei closing at +45 points, whilst the Hang Seng closed down 145 points. Oi rallied overnight before retracing this morning to sit at $59.86. Gold remains at the same level as this time yesterday $1490.
In corporate news this morning:
Dechra Pharmaceuticals announced that the board remains confident about the company’s prospects for the current financial year. Work continues to resolve the supply issues previously highlighted with many of these having now been mitigated.
InterContinental Hotels Group Q3 trading update +4.7% YoY net system size growth, on track to exceed 5% for FY 2019. 13k rooms opened, signed 25k rooms in the quarter. Group revenues -0.8%, flat for Q3 YTD. The board remains confident in their financial outcome for the rest of 2019.
London Stock Exchange reported Q3 results, strong performance across all parts of the group with total income +12% to £587m. CFO David Warren will retire and step down from the board by the end of 2020.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
BHP Group Upgraded to a Hold rating by ICBC Research (Bloomberg: 6 buys/ 20 holds/ 3 sells)
Centamin Downgraded to a Neutral rating by Goldman Sachs (Bloomberg: 6 buys/ 6 holds/ 0 sells)
Fresnillo Downgraded to a Neutral rating by Goldman Sachs (Bloomberg: 5 buys/ 10 holds/ 0 sells)
INTU Downgraded to a Reduce rating by HSBC (Bloomberg: 0 buys/ 5 holds/ 0 sells)
Royal Bank Of Scotland Upgraded to an Overweight rating by JP Morgan (Bloomberg: 11 buys/ 12 holds/ 2 sells)
Unilever Upgraded to a Hold rating by Morningstar (Bloomberg: 8 buys/ 7 holds/ 5 sells)
EU European Council Meeting
UK Retail Sales Data
Dechra Pharmaceuticals, Intercontinental Hotels Group, London Stock Exchange Group
Petra Diamonds, Reckitt Benckiser, St James Place, Travis Perkins, Whitbread, Softcat, AJ Bell, Kaz Minerals, National Express Group, Royal Bank Of Scotland (RBS), RELX, Astrazeneca, WH Smith, Barclays
(Full list available on Week in advance)
ITV - 2%
Ferguson - 1.8%
Rolls Royce - 0.6%
William Hill - 1.3%
(Full list available on Week in advance)
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