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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| EVRAZ PLC | 243.3 | 6.3% |
| SAGE GROUP PLC/THE | 612.8 | 5.3% |
| INTERTEK GROUP PLC | 4,770.0 | 5.2% |
| OCADO GROUP PLC | 1,233.0 | 4.2% |
| HARGREAVES LANSDOWN PLC | 1,358.0 | 2.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 255.7 | -27.0% |
| M&G PLC | 109.4 | -25.2% |
| EASYJET PLC | 634.8 | -19.3% |
| JD SPORTS FASHION PLC | 417.2 | -18.6% |
| COCA-COLA HBC AG-DI | 1574.0 | -15.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,151 | -4.0% | -28.7% |
| DOW JONES INDUS. AVG | 20,189 | -12.9% | -21.9% |
| DAX INDEX | 8,742 | -5.3% | -25.2% |
| NIKKEI 225 | 17,012 | 0.1% | -20.7% |
| S&P/ASX 200 INDEX | 5,293 | 5.8% | -14.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 29.99 | 4.49% |
| Brent Crude (ICE) | USD/bbl. | 30.89 | 2.80% |
| Gold Spot | USD/t oz. | 1,486 | -1.9% |
| Copper (Comex) | USd/lb. | 240 | 0.2% |
UK 100 called to open +220 points at 5288. In a far more buoyant start to the trading day than we have seen recently, U.S. futures advanced and the yen slid in volatile trading after the biggest plunge in Wall Street stocks since 1987. Asia-Pacific shares ranged from a further drop in South Korea to gains in Australia. Japan’s share benchmark ended up more than 2% after swinging between gains to losses. Oil rebounded from overnight lows of sub $30 a barrel to trade at $31.15 at time of writing, with futures looking stronger still. The more risk on appetite of traders has seen gold slip back to $1487 as the traditional safe haven slips back $200 from last weeks high!
AstraZeneca this morning announced results from the final analysis of the Phase III CASPIAN drug trial showed Imfinzi (durvalumab) in combination with a choice of standard-of-care (SoC) chemotherapies confirmed a sustained, clinically meaningful overall survival (OS) benefit for patients with extensive-stage small cell lung cancer (ES-SCLC) treated in the 1st-line setting.
Anglo American/Sirius Minerals The listing of Sirius Shares on the Official List and the admission to trading of Sirius Shares on the London Stock Exchange's Main Market for listed securities are, in each case, expected to be cancelled with effect from 8.00 a.m. (London time) today, 17 March 2020, following acquisition on Sirius Minerals by Anglo Americn.
Antofagasta delivered results this morning stating in 2019 they had delivered record copper production and safety performance, a strong balance sheet and low cash costs resulting in EBITDA increasing by 9.5% to $2.4 billion, 2020 has begun with an unprecedented global challenge in the form of COVID-19.
Ferguson today released results showing ongoing revenue 4.3% ahead of last year with continued market share gains in the US. US revenue growth of 5.0% and underlying trading profit growth of 5.7%. Interim dividend of 67.5c up 7.0%. UK demerger on track for completion this calendar year.
Ferguson
Softcat
Antofagasta
UK - ILO Unemploment rate
EU - German ZEW Survey
US - Retail Sales Data
UK 100 :
British Land
Royal Bank Of Scotland
Pearson
British American Tobacco
Schroders
Prudential
:
Go-Ahead Group
HSBC Downgraded to Sell by AlphaValue (Bloomberg: 17 Buys / 8 Holds / 2 Sells)
Lloyds Downgraded to Sell by AlphaValue (Bloomberg: 15 Buys / 7 Holds / 4 Sell)
Petrofac Upgraded to Buy by Goldman Sachs (Bloomberg: 5 Buys / 13 Holds / 0 Sell)
RELX Upgraded to buy by Morningstar (Bloomberg: 15 Buys / 6 Holds / 2 Sell)
Standard Chartered Upgraded to Hold by HSBC (Bloomberg: 12 Buys / 3 Holds / 8 Sells)
Tui Downgraded to Sell by Nord/LB (Bloomberg: 5 Buys / 12 Holds / 6 Sell)
Tullow Oil Downgraded to Underperform by Jefferies (Bloomberg: 7 Buys / 12 Holds / 4 Sell)
Unilever Upgraded to Neutral by J.P.Morgan (Bloomberg: 11 Buys / 6 Holds / 3 Sell)
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