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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| HARGREAVES LANSDOWN PLC | 1,585.0 | 5.3% |
| AUTO TRADER GROUP PLC | 496.9 | 3.6% |
| RECKITT BENCKISER GROUP PLC | 6,846.0 | 3.0% |
| OCADO GROUP PLC | 1,914.5 | 2.7% |
| JUST EAT TAKEAWAY | 8,836.0 | 2.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| CENTRICA PLC | 36.4 | -8.8% |
| EVRAZ PLC | 253.3 | -6.2% |
| EASYJET PLC | 500.0 | -5.9% |
| INFORMA PLC | 430.9 | -5.2% |
| MEGGITT PLC | 245.5 | -4.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,940 | 0.1% | -18.3% |
| DOW JONES INDUS. AVG | 24,222 | -0.5% | -6.6% |
| DAX INDEX | 10,825 | -0.7% | -10.2% |
| NIKKEI 225 | 20,391 | 1.1% | -4.5% |
| S&P/ASX 200 INDEX | 5,461 | 1.3% | -13.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 24.47 | -1.09% |
| Brent Crude (ICE) | USD/bbl. | 29.91 | -3.42% |
| Gold Spot | USD/t oz. | 1,698 | 0.0% |
| Copper (Comex) | USd/lb. | 238 | -1.1% |
Click graph to enlarge
UK 100 called to open -21 points at 5920. U.S. futures and Asian stocks drifted lower Tuesday during trading, and the dollar extended recent gains, amid concerns that a renewed pick-up in virus infections makes it tougher to justify current valuations. Oil edged higher overnight as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia pledged to cut production further. Futures rose 1% in New York after falling Monday.
Morrisons reported a +5.7% rise in group like-for-like sales in Q1 2020, with demand boosted by the country's coronavirus lockdown. They have little visibility around future guidance but said its best estimate is that the 2020-21 costs directly relating to COVID-19 were likely to be offset by the business rates holiday received from the UK government.
Renishaw slashed its annual profit forecast as it struggles with weak market conditions in its automotive and aerospace sectors. They now expect pre-tax profits to be between £45-55m, down from an earlier forecast of £50-70m.
Ryanair announce that they are to restore 40% of their flights from the 1st July 2020.
Vodafone meets FY expectations with a +2.6% rise in FY core earnings to 14.9bn euros, but said it could not predict the current year outcome due to the uncertainty caused by the coronavirus. They have experienced lower roaming revenues but increases in data volumes and customer loyalty.
Vodafone
Land Securities
IWG
Morrisons
British Land
Compass Group
Sage Group
Spirax-Sarco
CN - Consumer Price Index
CN - Foreign Direct Investment
US - Consumer Price Index
US - API Weekly Crude Oil Stocks
JP - Consumer Price Index
UK 100 :
GlaxoSmithKline
Royal Dutch Shell A
Royal Dutch Shell B
Unilever
:
Greencoat UK Wind
Fidelity Special Values
ASOS Upgraded by Morgan Stanley to Equalweight/in-line (Bloomberg: 14 Buy/ 11 Holds/ 4 Sells)
Convatec downgraded by Morningstar to Hold (Bloomberg: 7 Buy/ 7 Holds/ 3 Sells)
Dixons Carphone downgraded by Morgan Stanley to Equalweight/Cautious (Bloomberg: 7 Buy/ 4 Holds/ 1 Sells)
Experian downgraded by Morgan Stanley to Equalweight/in-line (Bloomberg: 8 Buy/ 6 Holds/ 2 Sells)
Kingfisher Upgraded by Morgan Stanley to Overweight/Cautious (Bloomberg: 4 Buy/ 7 Holds/ 7 Sells)
Marks & Spencer Upgraded by Morgan Stanley to Overweight/Cautious (Bloomberg: 9 Buy/ 10 Holds/ 4 Sells)
Ocado downgraded by Morningstar to Sell (Bloomberg: 6 Buy/ 6 Holds/ 6 Sells)
Superdry downgraded by Morgan Stanley to Equalweight/Cautious (Bloomberg: 4 Buy/ 5 Holds/ 2 Sells)
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