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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| M&G PLC | 227.0 | 6.1% |
| ASTRAZENECA PLC | 7,303.0 | 5.6% |
| AVEVA GROUP PLC | 4,114.0 | 5.0% |
| SCOTTISH MORTGAGE INV TR PLC | 495.0 | 4.9% |
| RELX PLC | 1,840.0 | 4.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| NMC HEALTH PLC | 2513.0 | -4.8% |
| ROLLS-ROYCE HOLDINGS PLC | 702.0 | -3.4% |
| ROYAL BANK OF SCOTLAND GROUP | 225.9 | -3.3% |
| EVRAZ PLC | 380.4 | -3.2% |
| ITV PLC | 134.7 | -2.2% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,328 | 0.9% | 4.6% |
| DOW JONES INDUS. AVG | 26,806 | -0.1% | 7.3% |
| DAX INDEX | 12,872 | 0.6% | 13.8% |
| NIKKEI 225 | 22,777 | 0.1% | 7.0% |
| S&P/ASX 200 INDEX | 6,739 | 0.7% | 19.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 55.97 | -0.46% |
| Brent Crude (ICE) | USD/bbl. | 61.39 | -0.45% |
| Gold Spot | USD/t oz. | 1,505 | 0.1% |
| Copper (Comex) | USd/lb. | 267 | 0.0% |
Click graph to enlarge
UK 100 called to open flat at 7328; In focus today will be the fall out from Boris Johnson calling for a snap election Dec. 12 to end the Brexit "nightmare." A motion to trigger an early poll will not be put before lawmakers until Monday, and it will require the support of two-thirds of Parliament to pass. Stateside it was a mainly positive trading session, however sentiment was slightly dented as Amazon delivered weaker than expected results, once again results will be in focus today. The Dow Closed -.11%; S&P +.19%; Nasdaq +.81%. In Asia positive sentiment continued, the Nikkei closed +.17% & the Hang Seng -.31%. With fresh trade talks boosting global equity markets. Crude held firm above $61 to sit at $61.575. Whilst Gold trades at $1505.
In corporate news this morning:
Barclays reported better than expected Q3 2019 profits (£1.8bn v £1.5bn expected) buoyed by strong trading performance in its investment bank, but warned of tougher times ahead as the global economy softens. PPI provisions of £1.4bn in the middle of the £1.2-1.6bn the bank had earlier forecast. They continue to target greater than 9% return on equity for 2019 and 10% for 2020 but warns the global environment had made achieving those goals more difficult.
Glencore released a production update this morning; YoY production figures Copper -4%; Cobalt +21%; Zinc +3%; Lead +12%; Nickel -2%; Gold -20%; Silver -10%.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
ASOS Upgraded to Add at Peel Hunt (Bloomberg: 12 BUys/ 11 Holds/ 6 Sells)
Astrazeneca Upgraded to Hold by Morningstar (Bloomberg: 21 Buys/ 8 Holds/ 4 Sells)
BHP Group Upgraded to an Outperform rating at RBC Capital Markets (Bloomberg: 7 Buys/ 19 Holds/ 4 Sells)
Polymetal Downgraded to a hold rating at Numis (Bloomberg: 10 Buys/ 8 Holds/ 1 Sell)
German IFO Business Data
Barclays
HSBC, BP,Next, Smurfit Kappa, Standard Chartered, GSK, Convatec, Computacenter, Acacia, BT Group,IAG,Indivior,Royal Dutch Shell, Lloyds, Provident Financial Smith & Nephew.
(Full list available on Week in advance)
Unilever - 0.8%
Go-Ahead - 3.3%
Ashmore - 2.6%
Dunelm - 2.5%
(Full list available on Week in advance)
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