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 |
| NMC HEALTH PLC | 1,816.5 | 4.6% |
| PERSIMMON PLC | 2,688.0 | 1.4% |
| JUST EAT PLC | 838.8 | 1.1% |
| BRITISH LAND CO PLC | 636.0 | 1.0% |
| LAND SECURITIES GROUP PLC | 989.0 | 0.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BAE SYSTEMS PLC | 566.8 | -2.2% |
| FERGUSON PLC | 6886.0 | -2.1% |
| RENTOKIL INITIAL PLC | 455.6 | -2.0% |
| NEXT PLC | 7128.0 | -2.0% |
| ROLLS-ROYCE HOLDINGS PLC | 687.8 | -1.9% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,587 | -0.8% | 12.8% |
| DOW JONES INDUS. AVG | 28,462 | -0.6% | 23.4% |
| DAX INDEX | 13,249 | -0.7% | 25.5% |
| NIKKEI 225 | 23,657 | -0.8% | 18.2% |
| S&P/ASX 200 INDEX | 6,750 | -0.8% | 19.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.67 | -0.02% |
| Brent Crude (ICE) | USD/bbl. | 68.44 | 0.41% |
| Gold Spot | USD/t oz. | 1,515 | 0.0% |
| Copper (Comex) | USd/lb. | 282 | -0.4% |
Click graph to enlarge
UK 100 called to open -10 points at 7578; As we enter the last trading day of 2019, lower volumes overnight saw Asian markets creep lower with the Nikkei closing at 23,656 (-181 points) and the Hang Seng closing at 28,189 (-129 points). It was a similar story in the US yesterday, with the Dow Jones closing at 28,462 (-183 points), the S&P 500 closing at 3,221 (-18 points) and the Nasdaq closing at 8.945 (-60 points). Crude oil continued to show signs of strength, holding above the $67,5 handle once more overnight, trading at $67.7 at time of writing. Whilst the big winner continued to be the traditional safe haven of gold, now trading at $1524, fully $50 above its recent lows.
We would like to take this opportunity to wish you all, a happy and prosperous new year.
Vedanta Resources released interim results this morning, Revenue decreased by 5% to US$ 6.1 billion (H1 FY2019: US$ 6.5 billion), mainly driven by lower commodity prices, partially offset by additional volumes from commencement of Gamsberg operations and higher sales at Iron Ore Karnataka & Electrosteel. EBITDA at US$ 1.4 billion, down 19% y-o-y (H1 FY2019: US$ 1.7 billion). Profit after tax from continuing operation at US$ 310 million (H1 FY2019: US$ 58 million) primarily driven by deferred tax credit of US $ 331 million and higher investment income partially offset by lower EBITDA, higher depreciation charge. However Gross debt decreased to US$ 14.7 billion and net debt◊ to US$ 9.5 billion (FY2019: US$ 16.0 billion and US$ 10.3 billion), primarily due to the repayment of borrowings and free cash flow generated during the period
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Chinese Non Manufacturing PMI
US Consumer Confidence
UK 100 :
British Land, Experian, Autotrader Group
:
Greencore Group
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.