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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ASHTEAD GROUP PLC | 1,803.5 | 7.6% |
| CRH PLC | 2,292.0 | 6.7% |
| POLYMETAL INTERNATIONAL PLC | 1,627.5 | 6.5% |
| ANTOFAGASTA PLC | 777.0 | 6.3% |
| INTERMEDIATE CAPITAL GROUP | 980.5 | 6.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BAE SYSTEMS PLC | 510.4 | -4.5% |
| EASYJET PLC | 585.4 | -4.0% |
| CENTRICA PLC | 30.2 | -3.7% |
| BURBERRY GROUP PLC | 1349.0 | -2.9% |
| PEARSON PLC | 450.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,771 | 2.3% | -22.6% |
| DOW JONES INDUS. AVG | 23,476 | 2.0% | -11.5% |
| DAX INDEX | 10,415 | 1.6% | -14.8% |
| NIKKEI 225 | 19,138 | -0.7% | -14.0% |
| S&P/ASX 200 INDEX | 5,221 | 0.0% | -17.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 15.33 | 11.25% |
| Brent Crude (ICE) | USD/bbl. | 22.08 | 8.39% |
| Gold Spot | USD/t oz. | 1,717 | 0.2% |
| Copper (Comex) | USd/lb. | 232 | 0.4% |
Click graph to enlarge
UK 100 called to open +10 points points at 5780. Calls for a positive open come on the back of yesterdays global equity rally. This was driven further in Asia overnight as markets showed further optimistic signs, driven in main by further US stimulus & a continuation of yesterdays bounce in oil prices. The Nikkei rose by 1.52% overnight to trade 291 points higher at 19,429. The Hang Seng traded 146 points higher to close back above 24,000. In China it was a lightly more subdued day, with the CSI 300 closing where it started the day at 3,834. Brent Crude now sits at $21.7, having traded as low as $15 yesterday, while WTI trades 30% above its low yesterday at $8.3 per barrel.
Anglo American has cut its capital expenditure by $1bn due to the coronavirus outbreak as it posts lower Q1 2020 production (-4%).
Taylor Wimpey report that they are still selling houses virtually as orders rise y-o-y. They posted a 14.1% fall in new home completions in the first 4 months of 2020. They state that its too early to resume guidance due to the impact of COVID-19 on trading, but they are encouraged by the resiliance and confidence in their order book.
Tullow Oil has agreed to sell its stake in its Uganda oil fields to Total for $575m. They will receive $500m in cash and $75m once a final investment decision is reached on the project.
Unilever has withdrawn its outlook for 2020 saying it could not reliably assess the impact of COVID-19 and said it will pay its quarterly interim dividend as planned. Sales in Q1 2020 were flat as turnover rose +0.2% to £12.4bn euros.
Vodafone and Telecom Italia (TIM) have agreed to launch the sale of an 8% stake in Italy's biggest mobile tower company INWIT on a pro-rata basis as part of their efforts to cut debt.
Unilever
Meggitt
RELX
ITV
Pearson
Senior
St. Modwen Properties
Mondi
US - New Home Sales
US - Us Initial Jobless Claims
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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