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 |
| EVRAZ PLC | 250.6 | 7.7% |
| BARRATT DEVELOPMENTS PLC | 460.8 | 6.4% |
| AUTO TRADER GROUP PLC | 425.4 | 5.6% |
| GLAXOSMITHKLINE PLC | 1,653.8 | 5.3% |
| INFORMA PLC | 437.4 | 4.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| PEARSON PLC | 479.1 | -5.3% |
| JD SPORTS FASHION PLC | 490.0 | -4.2% |
| NEXT PLC | 4277.0 | -4.0% |
| ASHTEAD GROUP PLC | 1722.0 | -3.7% |
| ROYAL DUTCH SHELL PLC-A SHS | 1298.2 | -3.6% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,628 | 0.6% | -24.7% |
| DOW JONES INDUS. AVG | 23,538 | 0.1% | -11.0% |
| DAX INDEX | 10,302 | 0.2% | -15.2% |
| NIKKEI 225 | 19,897 | 3.2% | -10.7% |
| S&P/ASX 200 INDEX | 5,488 | 1.3% | -12.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 19.72 | -0.75% |
| Brent Crude (ICE) | USD/bbl. | 28.08 | 1.41% |
| Gold Spot | USD/t oz. | 1,719 | 0.1% |
| Copper (Comex) | USd/lb. | 232 | 0.3% |
Click graph to enlarge
UK 100 called to open +150 points points at 5777. This rally comes on the back of news that some COVID-19 patients have responded positively to Gilead's "Redesivir" drug. Donald Trump unveiled a three stage process for states to end the corona virus shut down. News of a planned exit of shut down in the U.S offset a record slump in Chinese GDP and saw a positive session in Asia, the Nikkei rose by 607 points to close the day at 19,897. It was a similar story in Hong Kong as the Hang Seng gained 416 points to close the session 1.75% higher at 24,427, whilst despite recording the worst GDP figures on record, the CSI 300 index in China rose by 1% to close 35 points higher at 3,838. This news also spured on oil prices as Brent crude oil rose back above $26 per barrel.
Flutter Entertainment announce Q1 2020 results with revenue growth of +29% pre sports distribution; subsequent trading ahead of revised expectations.
Foxtons are proposing a share sale representing around 20% of its issued stock. The net proceeds from the placing will be used to repay the revolving credit facility and to provide sufficient liquidity for them to battle the impact of the coronavirus pandemic.
Purplebricks announce CFO James Davies will resign from the company effective from 8th May 2020, with Andrew Botha being hired as his replacement.
Rio Tinto reported higher-than-expected iron ore production for Q1, but has cut its forecast for annual copper output citing disruptions due to the coronavirus outbreak.
Cranswick
None
CN - Gross Domestic Product
EU -Consumer Price Index
UK 100 :
Legal & General Group
Antofagasta
RELX
Fresnillo
Spirax-Sarco Engineering
:
Drax Group
Rathbone Brothers
Bodycote
John Laing Group
KAZ Minerals
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.