This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| NMC HEALTH PLC | 844.2 | 5.5% |
| VODAFONE GROUP PLC | 155.3 | 2.8% |
| UNITED UTILITIES GROUP PLC | 1,036.5 | 2.6% |
| INTERCONTINENTAL HOTELS GROU | 4,929.0 | 2.1% |
| HIKMA PHARMACEUTICALS PLC | 1,920.0 | 2.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| HSBC HOLDINGS PLC | 551.9 | -6.6% |
| GLENCORE PLC | 226.1 | -4.5% |
| AUTO TRADER GROUP PLC | 577.0 | -4.3% |
| ANTOFAGASTA PLC | 848.6 | -3.3% |
| SMURFIT KAPPA GROUP PLC | 2784.0 | -3.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,382 | -0.7% | 2.8% |
| DOW JONES INDUS. AVG | 29,232 | -0.6% | 12.9% |
| DAX INDEX | 13,681 | -0.8% | 21.1% |
| NIKKEI 225 | 23,401 | 0.9% | 9.9% |
| S&P/ASX 200 INDEX | 7,145 | 0.4% | 17.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 52.60 | 1.06% |
| Brent Crude (ICE) | USD/bbl. | 58.27 | 0.90% |
| Gold Spot | USD/t oz. | 1,604 | 0.2% |
| Copper (Comex) | USd/lb. | 263 | 0.7% |
Click graph to enlarge
UK 100 called to open+48 points at 7431; - Stocks in Asia rose along with U.S. and European equity futures on signs China may be planning to offer more support to the economy reeling from the virus-induced slowdown. Oil advanced. A gauge of Chinese companies trading in Hong Kong rose about 1%, with China reported to be mulling options including cash injections and mergers for the nation’s airlines. The Nikkei rose 206 points (0.9%) to trade at 23,400. The Hang Seng rose 108 points (0.4%) to trade at 27,638 & the Chinese CSI fell slightly having seen early gains, but only by 6 points (0.15%) to trade at 4,051. It was a mixed trading session in the U.S as markets reopened following Mondays Presidents day bank holiday break. The Dow Jones fell 165 points (0.56%) to close at 29,232, the S&P 500 saw modest losses, closing down just 10 points (0.29%) to close at 3,370 & the Nasdaq modestly added 1 point (0.01%) to close at 9,732. Oil jumped up to $58 per barrel overnight & gold rose above $1600 to trade at $1604.
Hochschild Mining reported a +7% increase in Revenue, FY EBITDA +28% and FY profit before tax +100% at $76.8m. Final dividend +19% at 2.335 cents. They see their 2020 attributable production target of 442,000 Gold equivalent.
IAG state that Qatar Airways group have increased their holdings to 25.1%, buying another stake in the company worth $600m.
Metro Bank have announced the appointment of Dan Frumkin as their CEO.
Moneysupermarket.com Group announce that Mark Lewis will step down as CEO.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Intu Properties, Hochschild Mining
Kaz, Lloyds Banking Group, MoneySupermarket, BAE, Anglo American, Hays
UK - Consumer Price Index (CPI)
US - Housing Starts
US - EIA Crude Oil Stocks Change
UK 100 :
Imperial Brands
GlaxoSmithKline
Carnival Corporation
Unilever
:
NextEnergy Solar Fund
Pershing Square Holdings
Berkeley Group Upgraded to Buy by HSBC (Bloomberg: 4 Buys/ 5 Holds/ 6 Sells)
Bodycote Downgraded to Underweight/Cautious by Morgan Stanley (Bloomberg: 2 Buys/ 7 Holds/ 5 Sells)
Diploma Upgraded to Add by Peel Hunt (Bloomberg: 1 Buys/ 7 Holds/ 1 Sells)
Greencoat Downgraded to Hold by Jefferies (Bloomberg: 2 Buys/ 2 Holds/ 1 Sells)
Man Group Upgraded to Outperform by BNP Paribas (Bloomberg: 5 Buys/ 9 Holds/ 1 Sells)
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.