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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| FERGUSON PLC | 9,472.0 | 2.2% |
| IMPERIAL BRANDS PLC | 1,636.0 | 1.4% |
| POLYMETAL INTERNATIONAL PLC | 1,694.0 | 1.2% |
| DCC PLC | 6,050.0 | 1.0% |
| BT GROUP PLC | 172.0 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| ANGLO AMERICAN PLC | 3154.0 | -4.7% |
| BHP GROUP PLC | 2138.0 | -4.6% |
| ANTOFAGASTA PLC | 1558.5 | -3.4% |
| RIO TINTO PLC | 6039.0 | -3.4% |
| GLENCORE PLC | 313.8 | -3.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,950 | -1.2% | 15.8% |
| DOW JONES INDUS. AVG | 33,745 | -0.9% | 39.5% |
| DAX INDEX | 15,114 | -1.8% | 36.5% |
| NIKKEI 225 | 28,044 | -1.3% | 36.2% |
| S&P/ASX 200 INDEX | 6,932 | -1.9% | 24.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 63.40 | -3.19% |
| Brent Crude (ICE) | USD/bbl. | 66.68 | -2.95% |
| Gold Spot | USD/t oz. | 1,870 | 0.0% |
| Copper (Comex) | USd/lb. | 456 | -3.4% |
UK 100 is called to open +45 points this morning at 6995. A positive open is expected this morning following yesterdays volatility caused by a crash in the price of bitcoin before bouncing back later in the day, at one point the crypto currency fell below $30,000 before almost getting back above $40,000. Elsewhere investor sentiment seemed caught between optimism over the economic reopening, and concerns over inflation and how it is being handling by the central banks. It was a mixed session stateside yesterday, the Dow Jones dropped 164 points or 0.48% to close Wednesdays session at 33,896 whilst the S&P ended 0.29% lower at 4,115. The Nasdaq was stronger, rallying to end the session only slightly lower for the day at 13,299 to cover almost all of the nearly 2% fall in early trading. In Asia this morning, the picture was equally mixed, Japan’s Nikkei rallied 102 points or 0.36% this morning to trade at 28,151 whilst Hong Kong’s Hang Seng was 175 points or 0.6% lower at 28,417. The Shanghai Composite index meanwhile dipped 0.23% to 3,503.
Kingfisher have raised their H1 profit outlook as they continued to benefit from strong demand during the COVID-19 pandemic. They now expect their H1 adjusted pretax profit to be in the range of £580-600m.
National Grid says their FY underlying operating profit fell 5% to £3.3bn.
Royal Mail reports that their annual profit more than doubled on strong parcel volume as they were bolstered by a surge in parcel deliveries to locked-down customers who turned to online shopping. They reported a116% surge in adjusted operating profit to £702m and a 17% jump in revenue to £12.64bn. They have held back from providing forecast for fiscal 2022.
Berenberg Downgrades BT group to a Hold from Buy (9 Buys / 5 Holds / 1 Sell)
RBC Upgrades Natwest to Outperform from Sector perform (6 Buys / 11 Holds / 2 Sells)
Kingfisher
National Grid
QinetiQ
Royal Mail Group
Synthomer
Watches of Switzerland
Easyjet
Close Brothers
Investec
PBoC Interest Rate Decision
Japanese Imports
Japanese Exports
German Producer Price Index
BoE's Cunliffe speech
US Initial Jobless Claims
UK 100:
Tesco
Bunzl
GlaxoSmithKline
Unilever
Pershing Square Holdings
UK 250:
Morrison (Wm.) Supermarkets
Howden Joinery Group
Centamin
ContourGlobal
Brewin Dolphin Holdings
Civitas Social Housing
BlackRock Smaller Companies Trust
Bellway
Murray Income Trust
Witan Investment Trust
GCP Student Living
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