This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Monday’s UK 100 Leaders | Price (p) | % Chg |
| OCADO GROUP PLC | 2,052.0 | 5.0% |
| FRESNILLO PLC | 814.8 | 4.5% |
| KINGFISHER PLC | 217.7 | 4.2% |
| SAINSBURY (J) PLC | 206.6 | 3.2% |
| BERKELEY GROUP HOLDINGS/THE | 4,431.0 | 3.0% |
| Monday’s UK 100 Laggards | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 259.0 | -4.6% |
| ROLLS-ROYCE HOLDINGS PLC | 319.3 | -4.5% |
| DIAGEO PLC | 2797.5 | -3.5% |
| GLENCORE PLC | 166.2 | -3.4% |
| INTERCONTINENTAL HOTELS GROU | 3863.0 | -3.3% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 6,245 | -0.8% | -15.7% |
| DOW JONES INDUS. AVG | 26,025 | 0.6% | -2.6% |
| DAX INDEX | 12,263 | -0.6% | -0.6% |
| NIKKEI 225 | 22,437 | -0.2% | 5.5% |
| S&P/ASX 200 INDEX | 5,945 | 0.0% | -10.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 40.46 | 1.79% |
| Brent Crude (ICE) | USD/bbl. | 43.08 | 2.11% |
| Gold Spot | USD/t oz. | 1,755 | 0.0% |
| Copper (Comex) | USd/lb. | 266 | 0.0% |
UK 100 called to open +35 points this morning at 6279. Calls for a positive open this morning come as the markets shrug off concerns that the trade deal between the US and China is off, the White house were quick to deny Trump's trade advisor Peter Navarro claims that the deal was off. Trump himself tweeted "The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!" US markets rose higher to start the week, with the Dow Jones rising 153.5 points or 0.6% to 26,024.96, while the S&P 500 gained 0.65% and the tech-focused Nasdaq fizzed up 1.1% to a new all-time high. Asian shares bounced on Tuesday following the aforementioned assurance that the US-China trade pact was “fully intact”, following confusing statements from the White House earlier over the fate of the deal. Brent oill futures are down 0.2% at $42.98, whilst golf trades higher at $1,767.70
Intu Properties says that it has appointed KPMG for a potential administration, as talk continue with creditors on a debt standstill that could hopefully save the company. Intu said that this move was a contingency and that in the event KPMG would need to be funded by interested parties or risk its shopping centers closing.
St. James Place expects customer inflows too be similar to that of May (£980m).
Royal Bank of Scotland will give business customers another 6 months to take advantage of incentives to switch their accounts to other banks, under the terms of the bank’s crisis-era state aid package.
Cranswick reports full-year pretax profit up 20.2% to £104m. A positive start to the new financial year has been seen. Outlook remains unchanged for the year. Dividend proposed of 43.7p.
Cranswick
Scappa
Premier Foods
Stagecoach
GER - Markit Manufacturing PMI
EU - Markit Composite PMI
UK - Markit Services PMI
UK 100:
United Utilities
Experian
UK 250:
Edinburgh Investment Trust
Caledonia Investment
LXI REIT
Law Debenture
Paypoint
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.