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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| NMC HEALTH PLC | 800.0 | 3.2% |
| KINGFISHER PLC | 222.0 | 2.5% |
| AUTO TRADER GROUP PLC | 602.8 | 2.3% |
| CENTRICA PLC | 72.6 | 1.9% |
| MELROSE INDUSTRIES PLC | 242.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| SEGRO PLC | 906.6 | -3.0% |
| DS SMITH PLC | 358.6 | -2.0% |
| TUI AG-DI | 880.0 | -1.9% |
| ROYAL BANK OF SCOTLAND GROUP | 209.0 | -1.9% |
| MEGGITT PLC | 635.4 | -1.6% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,433 | 0.3% | 3.0% |
| DOW JONES INDUS. AVG | 29,398 | -0.1% | 13.6% |
| DAX INDEX | 13,784 | 0.3% | 22.0% |
| NIKKEI 225 | 23,194 | -1.4% | 9.0% |
| S&P/ASX 200 INDEX | 7,114 | -0.2% | 16.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 51.61 | -0.85% |
| Brent Crude (ICE) | USD/bbl. | 57.02 | -1.13% |
| Gold Spot | USD/t oz. | 1,588 | 0.4% |
| Copper (Comex) | USd/lb. | 262 | 0.5% |
Click graph to enlarge
UK 100 called to open -55 points at 7377; -- U.S. futures fell with Asian stocks and bond yields after Apple said quarterly sales would miss forecasts, illustrating the blow to corporate earnings and economic growth from the coronavirus. Equity benchmarks in Tokyo, Seoul and Hong Kong saw declines of over 1%. Sydney and Shanghai saw more modest drops. The Nikkei closed the day -329 points to trade at 23,193, the Hang Seng saw losses of 391 points to close at 27,564, whilst the Chinese CSI saw a more modest fall of -20 points to settle at 4,057. U.S Markets were closed yesterday for Presidents day, however early indications show the Dow Jones called to open -181 points at 29,287. Crude pulled back slightly from yesterdays levels of $57.7 to trade at $57.3 per barrel. Gold continued to tick higher at time of writing trading at $1587.
Flutter Entertainment confirms that it has received notification from the Australian competition and consumer commission that its proposed combination with The Stars Group inc has been granted formal approval.
Glencore posts its first annual loss in 4 years as impairments bite. They reported a FY19 net loss of $404m (2018: profit of $3.41bn) as they took charges for its Colombian coal, Chad oil fields and African copper and cobalt operations. Core earnings of $11.6bn beat analysts estimates of $11.25bn.
HSBC announce they are to shed $100bn worth of assets and cut 35,000 jobs over three years. Profit before tax came in at $13.35bn, which missed average analysts forecasts of $20.03bn. This was mainly attributable to a goodwill impairment of $7.3bn. They are on track to appoint new group CEO.
Intercontinental Hotels Group reported a slight dip in revenue per room in 2019 (fell 0.3% globally), hurt by a fall in bookings in Hong Kong due to last years protest as it braces for the impact of the coronavirus outbreak. Total Revenue +6.7% and profit before tax +8.2%.
Mondi announce that Andrew King is to be appointed group CEO effective from 1st April 2020.
Rio Tinto progresses Oyu Tolgoi power options for the Oyu Tolgoi mine.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Glencore, HSBC, Intercontinental Hotels Group
Intu Properties, Hochschild Mining
UK - ILO Unemployment Rate
EU - German ZEW Survery - Economic Sentiment
UK 100 :
Imperial Brands
GlaxoSmithKline
Carnival Corporation
Unilever
:
NextEnergy Solar Fund
Pershing Square Holdings
Royal Bank Of Scotland Upgraded to Buy by Morningstar (Bloomberg: 9 Buys/ 12 Holds/ 4 Sells)
Severn Trent Upgraded to Neutral by JP Morgan (Bloomberg: 2 Buys/ 8 Holds/ 3 Sells)
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