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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| SCOTTISH MORTGAGE INV TR PLC | 1,251.5 | 3.7% |
| POLYMETAL INTERNATIONAL PLC | 1,634.5 | 3.5% |
| SSE PLC | 1,509.0 | 3.5% |
| INTL CONSOLIDATED AIRLINE-DI | 200.5 | 3.4% |
| RIGHTMOVE PLC | 619.0 | 3.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BAE SYSTEMS PLC | 499.9 | -5.0% |
| FRESNILLO PLC | 908.6 | -2.2% |
| INFORMA PLC | 552.6 | -2.1% |
| ANTOFAGASTA PLC | 1805.0 | -2.0% |
| PHOENIX GROUP HOLDINGS PLC | 722.2 | -1.2% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,938 | 0.6% | 19.1% |
| DOW JONES INDUS. AVG | 33,816 | -0.9% | 43.8% |
| DAX INDEX | 15,321 | 0.8% | 45.7% |
| NIKKEI 225 | 28,986 | -0.7% | 49.2% |
| S&P/ASX 200 INDEX | 7,061 | 0.1% | 35.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.85 | 0.68% |
| Brent Crude (ICE) | USD/bbl. | 65.67 | 0.41% |
| Gold Spot | USD/t oz. | 1,786 | 0.1% |
| Copper (Comex) | USd/lb. | 431 | 0.8% |
UK 100 is called to open -30 points this morning at 6908. Calls for a softer open today come on the back of a tough session in the US yesterday after it was reported that the Biden administration is looking to increase the rate of capital gains tax to 39.6% for those Americans earning $1mln or more per year. This saw The Dow Jones fall by 321 points to 33,816 while the S&P 500 lost just 38 points at 4,135. It was a more mixed session in Asia this morning, Japan’s Nikkei continued the tougher trading conditions from the US with a 226 point fall to trade at 28,962 but in Hong Kong, the Hang Seng was on the rise, up 259 points at 29,014.
FirstGroup has agreed to sell its US bus operations to EQT for £3.3bn.
GlaxoSmithKline says the US FDA has granted accelerated approval for Jemperli.
National Grid has hired banks for the sale of a majority stake in its gas grid business that could be valued at up to £5bn.
Photo-Me expects their FY revenue to be between £190-200m (2020: £175m).
Senior says their Q1 trading is in line with expectations, with aerospace sales down 25% and net debt standing at £220.8m. Their 2021 market assumptions remain unchanged with their aircraft product down on 2020. They expect their production volumes to recover to pre-COVID levels by 2024-25.
Barclays Downgrades Workspace to Underweight from Overweight (3 Buys / 4 Holds / 1 Sell)
JP Morgan Upgrades Clarkson to Overweight from Neutral (3 Buys / 2 Holds / 0 Sells)
None
Pearson
German Markit Manufacturing PMI
EU Markit PMI composite
UK Market services PMI
US New Home Sales
UK 100:
RELX
Rightmove
London Stock Exchange Group
UK 250:
John Laing Group
Morgan Sindall Group
Foresight Solar Fund
Coats Group
Derwent London
Sanne Group
City of London Investment Trust
Morgan Advanced Materials
HgCapital Trust
Bankers Investment Trust
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