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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| PEARSON PLC | 761.4 | 6.0% |
| COMPASS GROUP PLC | 1,380.5 | 4.5% |
| JOHNSON MATTHEY PLC | 3,003.0 | 3.8% |
| INTERMEDIATE CAPITAL GROUP | 1,756.0 | 3.1% |
| INFORMA PLC | 506.8 | 2.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| M&G PLC | 183.4 | -3.9% |
| JUST EAT TAKEAWAY | 8120.0 | -3.6% |
| WHITBREAD PLC | 2935.0 | -3.3% |
| JD SPORTS FASHION PLC | 793.2 | -3.0% |
| RECKITT BENCKISER GROUP PLC | 6376.0 | -2.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,654 | 0.2% | -10.2% |
| DOW JONES INDUS. AVG | 30,937 | -0.1% | 8.4% |
| DAX INDEX | 13,871 | 1.7% | 5.1% |
| NIKKEI 225 | 28,635 | 0.3% | 22.7% |
| S&P/ASX 200 INDEX | 6,781 | -0.7% | -4.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 52.99 | 0.72% |
| Brent Crude (ICE) | USD/bbl. | 56.29 | 0.68% |
| Gold Spot | USD/t oz. | 1,850 | -0.1% |
| Copper (Comex) | USd/lb. | 361 | -0.2% |
Click graph to enlarge
UK 100 called to open -20 points this morning at 6635. A softer open is expected in London today as investors await a set of earnings from US tech giants as well as the outcome of the first meeting of the Federal Reserve in 2021. Stateside yesterday saw the Dow Jones close down 0.07% to trade at 30,937 while the S&P 500 dropped 0.15% to settle at 3,849 and the Nasdaq fell, albeit slightly 0.07% to close just shy of recent record highs at 13,626. It was a brighter picture in Asia this morning, Japan’s Nikkei lead the gains, rising 0.31% while Hong Kong’s Hang Seng rose by 0.09%.
3i Infrastructure reports a resilient portfolio performing in line with expectations.
Brewin Dolphin reported an 8% jump in total funds to a record £51.4bn in Q1, as markets recovered after mass COVID-19 vaccinations and government stimulus measures.
Fresnillo has forecast lower gold output for 2021, due to a land slip at its Noche Buena mine in Mexico. They reported producing 769.6 koz in FY production, down from 875.9 koz in the previous year.
Tullow Oil expects 2020 FY revenue to be $1.4bn and their gross profit to be $400m. Working interest oil production of 74,900 bopd, was in line with guidance. Their lenders have also agreed to extend talks about a reserve-based loan into February, adding they expect operating cash flow to reach $500m in 2021 if the oil price stays above $50 a barrel.
Barclays Downgrades Babcock to Underweight from Overweight (3 Buys / 7 Holds / 1 Sell)
Berenberg Upgrades Intertek to Buy from Hold (4 Buys / 11 Holds / 3 Sells)
Commerzbank Downgrades TUI to Reduce from Hold (1 Buy / 4 Holds / 4 Sells)
Goldman Sachs Resumes rating Centrica with a Buy (2 Buys / 8 Holds / 0 Sells)
Jefferies Upgrades Greencore to Buy from Hold (3 Buys / 5 Holds / 0 Sells)
Brewer Dolphin Holdings
Fresnillo
Easyjet
Wizz Air
Intermediate Capital Group
St James Place
US Durable Goods Orders
US Non Defence Capital Goods Orders
US Fed Interest Rate Decision
FOMC Press Conference
Fed's Monetary Policy Statement
German 10 Year Bond Auction
UK 100:
Pennon Group
UK 250:
Paragon Banking Group
Victrex
City of London Investment Trust
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