This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| FRESNILLO PLC | 582.6 | 2.0% |
| POLYMETAL INTERNATIONAL PLC | 1,192.0 | 1.8% |
| BRITISH LAND CO PLC | 571.6 | 0.9% |
| HALMA PLC | 2,114.0 | 0.9% |
| SEVERN TRENT PLC | 2,211.0 | 0.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| EVRAZ PLC | 345.4 | -7.4% |
| INTERCONTINENTAL HOTELS GROU | 4767.0 | -3.9% |
| CARNIVAL PLC | 3108.0 | -3.8% |
| GLENCORE PLC | 235.7 | -3.7% |
| PRUDENTIAL PLC | 1300.5 | -3.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,159 | -1.8% | 1.9% |
| DOW JONES INDUS. AVG | 27,503 | -1.0% | 9.9% |
| DAX INDEX | 12,989 | 0.2% | 13.3% |
| NIKKEI 225 | 23,135 | -1.1% | 5.0% |
| S&P/ASX 200 INDEX | 6,607 | -1.6% | 15.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 56.42 | 0.57% |
| Brent Crude (ICE) | USD/bbl. | 61.23 | 0.67% |
| Gold Spot | USD/t oz. | 1,484 | 0.4% |
| Copper (Comex) | USd/lb. | 263 | 0.1% |
Click graph to enlarge
UK 100 called to open -15points. The negative tone on the last two days continued overnight as Asian stocks slid on heightened uncertainty over this month’s upcoming tariff deadline. The Trump administration downplayed the urgency of signing a trade deal. A vote in the US House to sanction Chinese officials for human rights abuses, did not help matters with Beijing threatening to retaliate. Proposed levies on French goods by Trump, ultimately carried on the risk of sentiment from the day before. Crude climbed 0.3% to $56.48 per barrel whilst gold added 0.3% to $1482 an ounce a satty after it surged 1%.
Rio Tinto has decided to curtail operations at Richards Bay Minerals (RBM) in South Africa to ensure safety and security of its employees due to escalation in violence in the communities surrounding the operations.
BHP Group announces appointment of Gary Goldberg to the board as an independent Non-Executive Director from Feb 2020. He has 35 years experience in the mining industry in executive and operational roles.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Ferguson target price increased to 6590p by Canaccord Genuity
Admiral group target price increased to 2356p by Barclays
Compass group upgraded to hold by Morningstar
UK Markit Services
US ISM Non-Manufacturing PMI
Stock Spirits Group
MJ Gleeson
DS Smith
Victrex
IG Group Holdings
Joules
(Full list available on Week in advance)
Next- 0.8%
Royal Mail - 3%
Investec - 2.5%
Britvic - 2.2%
(Full list available on Week in advance)
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.