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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| EVRAZ PLC | 598.4 | 6.0% |
| DS SMITH PLC | 405.9 | 5.7% |
| ANGLO AMERICAN PLC | 2,953.5 | 3.9% |
| RIO TINTO PLC | 6,480.0 | 2.0% |
| BP PLC | 304.6 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| STANDARD CHARTERED PLC | 478.0 | -6.2% |
| INTERMEDIATE CAPITAL GROUP | 1811.0 | -4.7% |
| POLYMETAL INTERNATIONAL PLC | 1452.0 | -3.6% |
| PERSIMMON PLC | 2671.0 | -3.4% |
| BERKELEY GROUP HOLDINGS/THE | 4172.0 | -3.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,652 | -0.1% | -5.6% |
| DOW JONES INDUS. AVG | 31,402 | -1.8% | 16.5% |
| DAX INDEX | 13,879 | -0.7% | 8.5% |
| NIKKEI 225 | 28,966 | -4.0% | 29.2% |
| S&P/ASX 200 INDEX | 6,673 | -2.4% | -0.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 62.82 | -1.12% |
| Brent Crude (ICE) | USD/bbl. | 66.09 | -1.18% |
| Gold Spot | USD/t oz. | 1,757 | -0.7% |
| Copper (Comex) | USd/lb. | 421 | -1.2% |
UK 100 is called to open -75 points this morning at 6575. Calls for a negative open this morning come as investors react to rising fears of higher interest rates, which triggered a big selloff on Wall Street last night. Concerns seem to be rising about the impact on inflation of the big stimulus packages being lined up President Joe Biden. However the UK 100 seems to be holding significantly stronger than many other global markets. Sentiment towards UK listed stocks is possibly being bolstered by the weakness of sterling against the greenback; the pound is more than half a cent lower against the dollar this morning. Stateside yesterday we saw a 560 point fall (to 31,402) on the Dow Jones and a 96 point tumble to 3,829 by the S&P. In Asian markets overnight the mood was similar. Japan’s Nikkei 225 was 1,161 points lower at 29,007 and Hong Kong’s Hang Seng is 892 points weaker at 29,182.
IAG posted a loss of 4.37bn euros for FY 2020, slightly better than analysts' forecasts of a 4.45bn euro loss after a year of minimal flying and burning through cash. They have total liquidity of 10.3bn euros and they could not provide a future profit forecast due to the uncertainty of COVID-19 duration. They flew at 33.5% of 2019 passenger capacity in all of 2020.
Pets & Home now expects their FY underlying pretax profit to be £85m.
Rightmove report that their 2020 operating profit came in at £135.1m, down 37% YoY. They have declared a final dividend of 4.5p per share v 0p paid in the prior year.
RSA Insurance posts a 2020 pretax profit of £483m (2019: £492m).
Tullow Oil agrees new reserves-based debt capacity of $1.7bn (down from $1.8bn) with $900m liquidity headroom after lowered debt facility cap.
No new broker comments
IMI
International Consolidated Airlines Group
JP Morgan Emerging Markets Investment Trust
Jupiter Fund Management
Pantheon International
RSA Insurance Group
Rightmove
UNITE Group
Aggreko
Bunzl
EU leaders summit
US Personal Income
US Personal Spending
UK 100:
BHP Group
Rio Tinto
Standard Chartered
St. James's Place
Berkeley Group Holdings
UK 250:
Diversified Gas & Oil
Oxford Instruments
Safestore Holdings
Renishaw
Ashmore Group
Scottish American Investment Company
Jlen Environmental Assets Group
HICL Infrastructure
Personal Assets Trust
Dechra Pharmaceuticals
Genus
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