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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| SAINSBURY (J) PLC | 201.5 | 3.1% |
| ADMIRAL GROUP PLC | 2,253.0 | 2.6% |
| FRESNILLO PLC | 720.0 | 2.5% |
| PHOENIX GROUP HOLDINGS PLC | 563.8 | 2.0% |
| INTL CONSOLIDATED AIRLINE-DI | 228.9 | 1.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| EVRAZ PLC | 233.8 | -11.2% |
| ASHTEAD GROUP PLC | 1675.5 | -8.9% |
| ANTOFAGASTA PLC | 730.8 | -8.2% |
| 3I GROUP PLC | 716.0 | -7.3% |
| INTERMEDIATE CAPITAL GROUP | 923.5 | -7.1% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,641 | -3.0% | -24.4% |
| DOW JONES INDUS. AVG | 23,019 | -2.7% | -13.2% |
| DAX INDEX | 10,250 | -4.0% | -16.1% |
| NIKKEI 225 | 19,138 | -0.7% | -13.9% |
| S&P/ASX 200 INDEX | 5,221 | 0.0% | -16.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 10.76 | -7.00% |
| Brent Crude (ICE) | USD/bbl. | 16.68 | -13.71% |
| Gold Spot | USD/t oz. | 1,682 | -0.2% |
| Copper (Comex) | USd/lb. | 226 | -0.1% |
Click graph to enlarge
UK 100 called to open +60 points points at 5700. Calls for a positive open today have been driven by hopes of a further $484 billion stimulus passed by the Senate in the U.S aiding small businesses and funding virus testing and hospitals. Trump has said he'll sign it. Also yesterdays news in the UK that vaccines trials for COVID-19 will begin gin humans as early as this Thursday has given fresh hope of a return to normality. It was a mixed session in Asia, the Nikkei fell by 0.75% to close at 19,137, the Hang Seng rose by 0.32% to trade at 23,869 & the Chinese CSI rose by 0.63% to trade at 3,832. Oil continued to be volatile brent futures dropped 16% to the lowest since June 1999 amid persistent concerns about the glut. WTI also extended losses.
Antofagasta has cut capital expenditure for the year and has said that copper production would be at the lower end of guidance due to the coronavirus pandemic. Q1 2020 production rose +4.6% to 194,000 tonnes.
Beazley have estimated coronavirus-related claims at $170m and have said they are rejecting claims from small companies for business interruption in the crisis, while also reporting a $55m loss in the first quarter due to this year's selloff in financial markets.
Boohoo reports a decrease in y-o-y sales growth in the middle of March, impacted by lockdown due to the COVID-19 outbreak, though its performance has improved in recent weeks. They have seen improved y-o-y growth in sales during April, but has said that given the uncertainty generated by the pandemic, it could not provide forward financial guidance at this stage.
Drax report robust trading and operational performance for Q1 2020 with EBITDA in line with consensus, including £60m estimated potential impact from COVID-19.
Fevertree reported year end 2019 results with revenues +10%, profit after tax -2% and total dividend +4%. States COVID-19 will material impact FY20 trading, however the group is financially strong and has well balanced revenue streams.
Boohoo
WH Smith
CRH
Unilever
Meggitt
RELX
UK - Consumer Price Index
UK - Retail Price Index
UK - Producer Price Index
US - EIA Oil Inventories
UK 100 :
Legal & General Group
Antofagasta
RELX
Fresnillo
Spirax-Sarco Engineering
:
Drax Group
Rathbone Brothers
Bodycote
John Laing Group
KAZ Minerals
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