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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| FRESNILLO PLC | 1,079.5 | 9.3% |
| JD SPORTS FASHION PLC | 797.8 | 6.8% |
| POLYMETAL INTERNATIONAL PLC | 1,665.0 | 5.3% |
| LONDON STOCK EXCHANGE GROUP | 9,064.0 | 4.4% |
| M&G PLC | 182.7 | 3.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| PEARSON PLC | 767.0 | -5.6% |
| HARGREAVES LANSDOWN PLC | 1629.5 | -4.6% |
| BRITISH LAND CO PLC | 440.4 | -1.8% |
| ROYAL DUTCH SHELL PLC-A SHS | 1314.6 | -1.8% |
| BP PLC | 267.0 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,463 | 0.9% | -11.4% |
| DOW JONES INDUS. AVG | 30,182 | 0.7% | 6.5% |
| DAX INDEX | 13,600 | 1.2% | 4.7% |
| NIKKEI 225 | 28,091 | 1.6% | 21.1% |
| S&P/ASX 200 INDEX | 6,663 | 0.8% | -5.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 52.85 | 1.25% |
| Brent Crude (ICE) | USD/bbl. | 55.76 | 1.31% |
| Gold Spot | USD/t oz. | 1,860 | 0.7% |
| Copper (Comex) | USd/lb. | 355 | -0.3% |
Click graph to enlarge
UK 100 called to open +30 points this morning at 6496. A higher open is expected this morning as traders look for a continuation of yesterdays positive sentiment to kick of February. This positivity continued into the US session which saw an all green day Stateside, driven by investors looking beyond the fight between retail investors using Reddit and other forums and the hedge funds to focus instead on vaccine rollouts, which have been progressing well in the US. The Dow Jones rose by 229 points or 0.8% to close at 30,211.9. The broader S&P 500 index had an even stronger day with a 1.6% rise and the tech-fuelled Nasdaq Composite was best of the bunch with a sizable 2.55% gain. In Asia overnight, signs of global economic recovery continued, In China, the Shanghai composite gained 0.59% while South Korea’s Kospi jumped 1.43%. In Japan, the Nikkei 225 gained 0.97% and Australia’s S&P/ASX 200 closed 1.49% higher. India’s Nifty 50 has now jumped more than 7% in two days after the country’s finance minister on Monday presented the country’s budget for the fiscal year that begins April 1 and ends March 31, 2022.
BP Q4 profit sank by $100m, missing analysts' forecasts, pummelled by continued weak energy demand due to the coronavirus pandemic.
Capital & Counties update that they have collected 60% of their rent for 2020.
DCC says their Q3 profit is strongly ahead of prior year's.
Ryanair says they operated at 15% of their normal January schedule with 69% load factor. Their passenger traffic came in at 1.3m down 88% from 10.8m YoY.
SSE have adjusted their outlook being based on coronavirus impacting their operating profit to be in the middle of £150-200m range.
Virgin Money report that UK customer deposits increased in Q1 by 0.9% to £68.1bn but their UK mortgages were down 0.2% to £58.2bn.
Barclays Upgrades Tate & Lyle to Overweight (1 Buy / 9 Holds / 0 Sells)
Berenberg have initiated Rentokil with a Sell (4 Buys / 6 Holds / 1 Sell)
Berenberg have initiated Burberry with a Hold (4 Buys / 12 Holds / 2 Sells)
BP
SSE
Virgin Money
GlaxoSmithKline
Glencore
Vodafone
Eurozone Gross Domestic Product s.a
Fed's Williams speech
UK 100:
None
UK 250:
Schroder Oriental Income Fund
GCP Infrastructure Investments
TI Fluid Systems
FDM Group (Holdings)
Foresight Solar Fund
Edinburgh Investment Trust
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