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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| INTERCONTINENTAL HOTELS GROUP | 4,709.5 | 3.1% |
| ST JAMES’S PLACE PLC | 1,130.5 | 3.0% |
| HARGREAVES LANSDOWN PLC | 1,851.5 | 2.9% |
| GLENCORE PLC | 227.6 | 2.8% |
| WHITBREAD PLC | 4,350.0 | 2.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| INTERCONTINENTAL HOTELS GROU | 4709.5 | 3.1% |
| ST JAMES’S PLACE PLC | 1130.5 | 3.0% |
| HARGREAVES LANSDOWN PLC | 1851.5 | 2.9% |
| GLENCORE PLC | 227.6 | 2.8% |
| WHITBREAD PLC | 4350.0 | 2.6% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,481 | 0.9% | 9.5% |
| DOW JONES INDUS. AVG | 28,723 | 0.7% | 16.9% |
| DAX INDEX | 13,324 | 0.9% | 18.9% |
| NIKKEI 225 | 23,379 | 0.7% | 13.1% |
| S&P/ASX 200 INDEX | 7,032 | 0.5% | 19.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 53.98 | 0.93% |
| Brent Crude (ICE) | USD/bbl. | 60.07 | 0.94% |
| Gold Spot | USD/t oz. | 1,569 | 0.1% |
| Copper (Comex) | USd/lb. | 259 | 0.5% |
Click graph to enlarge
UK 100 called to open +22 points at 7502; Stocks in Asia traded mixed Wednesday after a rebound on Wall Street, with investors continuing to mull the economic dangers from the spreading coronavirus. Hong Kong’s Hang Seng dropped about 2.5% as markets reopened Wednesday, with the city’s stocks catching up to the global slide since last week. While the Nikkei ending a 4 day losing streak to close at 23,370 (+154 points), it was a very different story as previously mentioned in Hong Kong, seeing the Hang Seng closing at 27,198 (-751 points). Yesterday’s trading in the US saw a recovery from the previous days losses, led forward by the Dow Jones, closing at 28,722 (+187 points), we also saw the S&P 500 rising up, closing at 3,276 (+33 points) & the green sweep completed on the Nasdaq, as it closed at 9,269 (+130 points). Crude oil once again broke above the $60 per barrel where it trades at time of writing, all eyes will be on the EIA count later today. Gold continued to retreat from recent highs to trade at $1567 at time of writing.
Anglo American reports a rough diamond sales value for De Beer’s first sales cycle of 2020 at $545m (2019: $500m).
Brewin Dolphin announce that CEO David Nicol will retire in June 2020 and be replaced by Robin Beer.
Fresnillo have stated that gold production fell 5.1%, hurt by planned closure of Noche Buena mine. It produced 875.9 kilo ounces (koz) (down from 923 koz in the previous year). Annual silver output also slipped 11.6%, dragged by lower quality of ore it produced at Saucito mine.
United Utilities has updated its dividend policy for 2019/20 at 42.6p. It announces that the group will target growing its dividend per share by CPIH inflation each year from 2019/20 through to 2024/25.
Vodafone announces that that it has signed a memorandum of understanding with Saudi Telecom company in relation to a potential sale of Vodafone’s 55% shareholding in Vodafone Egypt to stc. The agreed cash consideration is worth $2,392m.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Fresnillo
Unilever
Haynes
Rank
Renishaw
Royal Dutch Shell
Evraz
BT Group
Diageo
US Fed Interest rate decision
US EIA Crude Oil Stock Change
UK 100 :
None
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IG Group
Victrex
3i Group upgraded to Buy by Morgan Stanley (Bloomberg: 4 Buys/ 1 Holds/ 0 Sells)
First Group Upgraded to Hold by HSBC (Bloomberg: 4 Buys/ 4 Holds/ 1 Sells)
Flutter Downgraded to reduce by HSBC (Bloomberg: 5 Buys/ 7 Holds/ 4 Sells)
Greggs Downgraded to reduce by HSBC (Bloomberg: 2 Buys/ 4 Holds/ 2 Sells)
Marstons downgraded to Reduce by HSBC (Bloomberg: 4 Buys/ 6 Holds/ 5 Sells)
Restaurant Group downgraded to Hold by HSBC (Bloomberg: 10 Buys/ 6 Holds/ 1 Sells)
Stagecoach downgraded to Reduce by HSBC (Bloomberg: 4 Buys/ 2 Holds/ 2 Sells)
Tui Upgraded to Buy by HSBC (Bloomberg: 6 Buys/ 15 Holds/ 3 Sells)
William Hill Upgraded to Buy by HSBC (Bloomberg: 10 Buys/ 10 Holds/ 1 Sells)
Whitbread Upgraded to Buy by HSBC (Bloomberg: 4 Buys/ 15 Holds/ 8 Sells)
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