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 | 938.4 | 0.0% |
| OCADO GROUP PLC | 1,077.0 | -0.7% |
| SPIRAX-SARCO ENGINEERING PLC | 7,775.0 | -3.4% |
| HIKMA PHARMACEUTICALS PLC | 1,737.0 | -5.0% |
| PEARSON PLC | 511.2 | -5.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| ANGLO AMERICAN PLC | 1234.4 | -18.9% |
| EVRAZ PLC | 203.4 | -17.8% |
| CENTRICA PLC | 43.6 | -17.7% |
| CARNIVAL PLC | 1289.0 | -17.7% |
| BARCLAYS PLC | 97.5 | -17.3% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,237 | -10.9% | -26.8% |
| DOW JONES INDUS. AVG | 21,201 | -10.0% | -17.5% |
| DAX INDEX | 9,161 | -12.2% | -20.8% |
| NIKKEI 225 | 17,431 | -6.1% | -18.1% |
| S&P/ASX 200 INDEX | 5,539 | 4.4% | -10.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 32.65 | 3.65% |
| Brent Crude (ICE) | USD/bbl. | 34.38 | 3.49% |
| Gold Spot | USD/t oz. | 1,587 | 0.7% |
| Copper (Comex) | USd/lb. | 247 | -0.1% |
Click graph to enlarge
UK 100 called to open +276 points at 5514. Asian stocks pared losses following the worst Wall Street session since 1987, as U.S. futures pushed higher. Still, most benchmarks remained in the red, with investors spooked that emergency fiscal and monetary packages won’t be enough to stave off a recession. S&P 500 contracts reversed losses of as much as 3% and climbed. Oil headed for its biggest weekly drop since 2008 as an unprecedented dual supply-demand shock showed no signs of abating. Futures reversed a loss to rise on Friday, tracking a rebound in U.S. equity futures, while a retaliatory American attack on an Iraqi militia may have lent some support. They’re still down 22% this week as the coronavirus batters demand. Not even the safe haven of gold has been spared from this week’s global market rout. Bullion is heading for its biggest weekly loss since 2013, despite climbing to the highest in more than seven years earlier this week, as investors sell the metal to meet liquidity needs.
Premier Oil says discussions underway regarding 2020 Capex. Assets continue to perform well. Full year production guidance of 70-75 kboepd reiterated.
EU - German Harmonised Index Of Prices
UK - Michigan Consumer Sentiment Index
UK 100 :
British Land
Royal Bank Of Scotland
Pearson
British American Tobacco
Schroders
Prudential
:
Go-Ahead Group
Blue Prism Upgraded to Buy by Berenberg (Bloomberg: 7 Buys / 2 Holds / 1 Sells)
Spectris Upgraded to Hold by Berenberg (Bloomberg: 7 Buys / 4 Holds / 6 Sell)
Tullow Oil Downgraded to Hold by Panmure (Bloomberg: 7 Buys / 14 Holds / 2 Sell)
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.