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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 464.4 | 7.2% |
| M&G PLC | 202.6 | 4.7% |
| JUST EAT TAKEAWAY | 7,090.0 | 4.5% |
| LEGAL & GENERAL GROUP PLC | 265.1 | 4.2% |
| EVRAZ PLC | 330.6 | 4.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BARCLAYS PLC | 139.6 | -2.6% |
| HARGREAVES LANSDOWN PLC | 1519.5 | -2.3% |
| WM MORRISON SUPERMARKETS | 176.1 | -2.2% |
| STANDARD CHARTERED PLC | 538.2 | -2.2% |
| HSBC HOLDINGS PLC | 509.8 | -2.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,718 | 1.0% | -5.8% |
| DOW JONES INDUS. AVG | 25,917 | -2.9% | 0.4% |
| DAX INDEX | 11,985 | 1.1% | 3.3% |
| NIKKEI 225 | 21,100 | 0.1% | -3.3% |
| S&P/ASX 200 INDEX | 6,325 | -1.7% | 1.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 47.69 | 1.08% |
| Brent Crude (ICE) | USD/bbl. | 52.38 | 1.00% |
| Gold Spot | USD/t oz. | 1,637 | -0.2% |
| Copper (Comex) | USd/lb. | 259 | 0.7% |
Click graph to enlarge
UK 100 called to open +30 points at 6745; U.S. stock futures rebounded after Tuesday’s sharp decline, and the yen dipped, as investors took in Super Tuesday election results alongside the Federal Reserve’s emergency interest-rate cut. Treasuries pared gains. Joe Biden’s surprise comeback in the race blunted the chance of the Bernie Sanders nomination that had unsettled some investors. The Nikkei traded 17 points higher at 21,100, the Hang Seng closed 43 points higher at 26,328. In China the CSI traded 23 points higher at 4,115. Gold prices was boosted by the Federal Reserve, with bullion extending gains in Asia after the U.S. central bank’s emergency, virus-driven rate cut set off a collapse in 10-year Treasury yields to an all-time low. Goldman Sachs Group Inc. became the first major Wall Street bank to anticipate that global oil demand will contract in 2020 for only the fourth time in nearly 40 years.
DS Smith says it expects to deliver a margin in full year in line with that achieved in Q1. Trading progressed well despite macro-economic uncertainty. Domestic business remained robust but ongoing impact of lower paper sales in US continues. Not seen any material affects from the coronavirus.
Intu Properties has stated it is unable to proceed with an equity raise at this point. They were in discussion with possible suitors to raise in the region of £1-1.5bn to fix the balance sheet and strengthen its capital structure.
Legal & General posted a +12% rise in 2019 operating profit to £2.1bn boosted by record company pension deals. Bulk annuity sales reached £11.4bn +25% from a year earlier.
Polymetal posts record net profit amid higher gold prices. Net earnings rose by +36% to a record high of $483m and average price of its gold rose by +13%. Production of gold equivalent (mix of gold and other metals) rose +3% to 1.61m troy ounces in 2019 and exceeded initial guidance of 1.55m ounces.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
DS Smith
Biffa
Legal & General
Polymetal
JP Morgan Mid Cap Investment Trust
NMC Health
Admiral Group
Aviva
Page Group
Schroders
ITV
Premier Oil
Melrose
Dominos
GVC Holdings
Kier Group
EU - German Retail Sales
EU - Markit PMI Composite
US - None Manufacturing PMI
UK 100 :
BHP Group
Rio Tinto
Persimmon
Evraz
RSA Insurance
Standard Chartered
:
Oxford Instruments
SSP Group
Safestore Holdings
McCarthy & Stone
Renishaw
St Modwen
Redrow
Ashmore Group
Hays
Dechra
Grafton
Howden Joinery Upgraded to Add by Peel Hunt (Bloomberg: 4 Buys/ 9 Holds/ 0 Sells)
Provident Financial Upgraded to Buy by Shore Capital (Bloomberg: 6 Buys/ 4 Holds/ 1 Sells)
Rio Tinto Upgraded to Buy by Societe Generale (Bloomberg: 10 Buys/ 11 Holds/ 7 Sells)
TUI Downgraded to Hold by Nord/LB (Bloomberg: 7 Buys/ 14 Holds/ 3 Sells)
Ultra Electronics Upgraded to Buy by Numis (Bloomberg: 4 Buys/ 6 Holds/ 2 Sells)
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