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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| FLUTTER ENTERTAINMENT PLC | 8,968.0 | 4.1% |
| EVRAZ PLC | 390.4 | 3.5% |
| MELROSE INDUSTRIES PLC | 244.9 | 3.4% |
| OCADO GROUP PLC | 1,167.0 | 3.2% |
| SCOTTISH MORTGAGE INV TR PLC | 659.0 | 3.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| NMC HEALTH PLC | 783.0 | -7.3% |
| ROLLS-ROYCE HOLDINGS PLC | 662.2 | -1.9% |
| AUTO TRADER GROUP PLC | 570.4 | -1.1% |
| STANDARD CHARTERED PLC | 626.2 | -0.7% |
| ROYAL BANK OF SCOTLAND GROUP | 206.0 | -0.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,457 | 1.0% | 3.2% |
| DOW JONES INDUS. AVG | 29,348 | 0.4% | 13.1% |
| DAX INDEX | 13,789 | 0.8% | 20.9% |
| NIKKEI 225 | 23,479 | 0.3% | 9.6% |
| S&P/ASX 200 INDEX | 7,163 | 0.3% | 17.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 53.70 | 0.77% |
| Brent Crude (ICE) | USD/bbl. | 59.27 | 0.25% |
| Gold Spot | USD/t oz. | 1,607 | -0.3% |
| Copper (Comex) | USd/lb. | 261 | -0.1% |
Click graph to enlarge
UK 100 called to open flat at 7457 ; Stocks were under pressure in Asia last night, whilst US and European futures fluctuated on news that Japan reported two deaths from the coronavirus and cases in South Korea jumped, leading to fears about the spread of the disease outside of China. Group of 20 finance ministers and central bank chiefs are due to meet Feb. 22-23 in Riyadh, Saudi Arabia, and are expected to discuss efforts to support growth amid the coronavirus threat. Dow Jones closed in positive territory last night however to finish up in triple digit. WTI advanced to $53.68 up 0.7% whilst Gold dipped 0.3% to $1607 an ounce.
Anglo American FY 2019 profit +9% on higher iron ore and precious metals prices offset weakness in diamonds and coal. Underlying earnings before tax rose to $10bn (2018: $9.16bn).
BAE reported earnings growth +7% in line with forecasts and said that next year earnings would grow by mid-single digit performance boosted by a ramp in its activities in the US. EPS came in at 45.8p helped by an improved operational performance and a slightly lower tax rate.
KAZ Minerals states FY profit before tax $726m (versus $642m). Revenue +5% and final dividend of 8 cents per share.
Lloyds reported a pre-tax profit of £4.4bn for FY 2019, in line with analysts expectations. Profits were 27% lower than 2018 as nearly £2.5bn of previously announced provisions for compensating customers mis-sold PPI weighed. They announced a dividend of 3.37p but no share buyback.
Moneysupermarket.com says the board are confident of delivering market expectations for the year. FY group revenue +9%, EBITDA +9% and a final dividend of 8.61p per share (2018: 8.10p).
Staffline announce that Chris Pullen the company’s CEO has resigned.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Kaz Minerals, Lloyds Banking Group, MoneySupermarket, BAE Systems, Anglo American and Hays
Pearson
UK - Retail Sales
FR - Consumer Price Index
US - Unemployment claims
EU - Consumer Confidence
US - Weekly Petroleum report
Admiral Downgraded to Hold by Numis (Bloomberg: 3 Buys / 7 Holds / 9 Sells)
Glencore Downgraded to Hold by Renaissance Capital (Bloomberg: 19 Buys / 5 Holds / 1 Sell)
National Grid Downgraded to Hold by HSBC (Bloomberg: 12 Buys / 6 Holds / 1 Sell)
United Utilities Upgraded to Hold by HSBC (Bloomberg: 7 Buys / 4 Holds / 3 Sells)
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