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| Monday’s UK100 Leaders | Price (p) | % Chg |
| ROLLS-ROYCE HOLDINGS PLC | 398.4 | 11.9% |
| CARNIVAL PLC | 1,573.5 | 9.9% |
| BT GROUP PLC | 126.4 | 5.3% |
| BARRATT DEVELOPMENTS PLC | 579.2 | 5.3% |
| CENTRICA PLC | 44.6 | 4.1% |
| Monday’s UK100 Laggards | Price (p) | % Chg |
| OCADO GROUP PLC | 1983.5 | -6.6% |
| MELROSE INDUSTRIES PLC | 140.5 | -5.7% |
| INTERMEDIATE CAPITAL GROUP | 1348.0 | -4.9% |
| CRH PLC | 2817.0 | -3.8% |
| JD SPORTS FASHION PLC | 665.0 | -3.8% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,473 | -0.2% | -11.7% |
| DOW JONES INDUS. AVG | 27,572 | 1.7% | 6.1% |
| DAX INDEX | 12,820 | -0.2% | 6.4% |
| NIKKEI 225 | 23,178 | 1.4% | 11.0% |
| S&P/ASX 200 INDEX | 5,999 | 0.1% | -6.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 38.18 | -3.46% |
| Brent Crude (ICE) | USD/bbl. | 40.84 | -3.45% |
| Gold Spot | USD/t oz. | 1,699 | 0.0% |
| Copper (Comex) | USd/lb. | 258 | 1.0% |
Click graph to enlarge
UK 100 called to open flat this morning at 6470. Overnight US stocks enjoyed a bumper session at the start of the week, outdoing their European counterparts as the Federal Reserve gave more encouraging signals, with its move to ease the terms of its “Main Street” lending programme to encourage more businesses and banks to participate. The Dow Jones added 461 points or 1.7% to close at 27,572.44, while the broader S&P 500 climbed 1.2% and the tech-laden Nasdaq Composite rose 1.1%. In Asia we saw the Chinese CSI300 rising 0.4 percent. Hong Kong's Hang Seng index climbed 1.2 percent.
Aveva Group states that their final dividend has been maintained at 29p per share. They are also taking actions which are expected to result in a reduction in costs of £50-60m. FY 2020 profit before tax came in at £92m (2019: £46.7m).
Bellway sells fewer homes between August 2019 and May 2020 due to lockdowns restraining business activity. They expect year-on-year sales activity to be severely constrained until lockdown restrictions are further lifted.
Big Yellow Group reported FY results with a +3.1% increase in revenue. They also increased their dividend by +1.8% to 33.8p per share. Statutory profit before tax came in at £93.4m, down -26% from prior period due to lower revaluation gain on investment properties.
British American Tobacco cuts revenue forecast on COVID-19 hit. They now expect constant-currency adjusted revenue growth in the 1-3% range for 2020, compared with its prior expectation of revenue in the low end of 3-5% range. The impact of coronavirus has been more pronounced in emerging markets including Bangladesh, Vietnam and Malaysia.
Aveva Group
Big Yellow Group
Speedy Hire
Shaftesbury
Paragon Group
CN - Consumer Price Index
Oil - OPEC Meeting
US - Consumer Price Index
US - Fed Interest Rate Decision
UK 100:
Vodafone
Severn Trent
3i Group
UK 250:
Templeton Emerging Markets IT
BlackRock Smaller Companies Trust
AVI Global Trust
Assura
Personal Assets Trust
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