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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ADMIRAL GROUP PLC | 2,781.0 | 0.9% |
| NEXT PLC | 6,134.0 | 0.7% |
| OCADO GROUP PLC | 2,313.0 | 0.0% |
| B&M EUROPEAN VALUE RETAIL SA | 488.1 | 0.0% |
| FLUTTER ENTERTAINMENT PLC | 12,285.0 | -0.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| FRESNILLO PLC | 1160.5 | -6.1% |
| POLYMETAL INTERNATIONAL PLC | 1668.0 | -5.6% |
| INFORMA PLC | 424.0 | -5.3% |
| ANGLO AMERICAN PLC | 1796.4 | -5.1% |
| JOHNSON MATTHEY PLC | 2198.0 | -5.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 5,583 | -2.6% | -23.9% |
| DOW JONES INDUS. AVG | 26,520 | -3.4% | -2.1% |
| DAX INDEX | 11,561 | -4.2% | -10.7% |
| NIKKEI 225 | 23,419 | -0.3% | 1.9% |
| S&P/ASX 200 INDEX | 6,058 | 0.1% | -10.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 37.33 | -5.66% |
| Brent Crude (ICE) | USD/bbl. | 39.07 | -5.17% |
| Gold Spot | USD/t oz. | 1,877 | -1.7% |
| Copper (Comex) | USd/lb. | 307 | -0.9% |
UK 100 called to open -36 points this morning at 5555. Calls for a negative open com on the back of the UK 100 hitting its lowest levels for 6 months yesterday as investors reacted to surging rates of infections. Overnight falls in Asian markets were less pronounced on Thursday, however, as the COVID-19 pandemic there is seen more under control, with Hong Kong’s Hang Seng index down 0.6%, and Japan’s Nikkei 225 index off 0.4%. Yesterday Stateside the Dow Jones Industrials Average plunged 943 points, or 3.4%, the biggest one day fall since June to close at 26,519, while the S&P 500 index fell by 3.5%, and the tech heavy Nasdaq dropped by 3.7% with a shedload of key US tech results due after-hours on Thursday.
BT Group say they delivered a strong operational performance in H1 2020, given the challenges of COVID-19 as they raised the lower limit of their earnings guidance for the year. They reported an 8% drop in revenue to £10.59bn and a 5% fall in adjusted earnings to £3.72bn, broadly in line with expectations.
Evraz reports that Q3 crude steel output was down 4.4% q/q to 3.2m tonnes.
KAZ Minerals reports that all metals are on track to achieve or exceed FY production guidance.
Lloyds posted forecast beating Q3 2020 profit, lowering its provisions for expected bad loans due to the pandemic and cashing in on a demand for mortgages. They reported pre-tax profits of £1bn, compared with £588m average of analysts' forecasts. They set aside a further £301m to cover expected customer loan defaults, less than the £721m analysts had forecast. They expect loan loss provisions for the FY to be at the lower end of the £4.5-5.5bn range previously given.
Royal Dutch Shell increases their dividend by 4% after reporting stronger-than-expected profits in the quarter. Adjusted earnings fell 80% to $955m, but easily beat the average analysts forecasts of $146m profit.
Smith and Nephew reported that revenue recovered strongly in Q3 2020, as hospitals managed to carry out more elective surgeries after the initial wave of coronavirus infections.
WPP says client wins from Uber, Alibaba and HSBC had help trading to improve in Q3. Like-for-Like net sales fell by 7.6%, compared with a drop in Q2 of 15.1%. They are on track to hit the upper end of a £700-800m cost reduction target and was on track for analyst expectations.
BT Group
Royal Dutch Shell
Smith & Nephew
Indivior
Evraz
WPP
Lloyds
Standard Chartered
Kaz Minerals
Convatec
AIB Group
Natwest Group
BoJ Interest Rate Decision
US GDP
ECB Interest Rate Decision
German Harmonised Index of Consumer Prices
Eurozone Consumer Confidence
US Inital Jobless Claims
UK 100:
Unilever
UK 250:
Foresight Solar Fund
City of London Investment Trust
Hilton Food Group
Vesuvius
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