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|Yesterday’s FTSE100 Leaders||Price (p)||% Chg|
|ROYAL BANK OF SCOTLAND GROUP||200.8||1.7%|
|SPIRAX-SARCO ENGINEERING PLC||8,610.0||1.3%|
|ST JAMES’S PLACE PLC||931.6||1.2%|
|JD SPORTS FASHION PLC||588.8||1.2%|
|Yesterday’s FTSE100 Laggards||Price (p)||% Chg|
|ROLLS-ROYCE HOLDINGS PLC||759.0||-6.9%|
|NMC HEALTH PLC||2258.0||-6.0%|
|SMURFIT KAPPA GROUP PLC||2384.0||-2.2%|
|Major World Indices||Price||% Chg||1 YEAR|
|FTSE 100 INDEX||7,172||-0.7%||-7.1%|
|DOW JONES INDUS. AVG||26,030||1.2%||1.6%|
|S&P/ASX 200 INDEX||6,520||0.6%||4.3%|
|WTI Crude Oil (Nymex)||USD/bbl.||53.62||-0.02%|
|Brent Crude (ICE)||USD/bbl.||58.91||-0.05%|
|Gold Spot||USD/t oz.||1,487||0.8%|
FTSE 100 called to open +10 points at 7180; The blue chip index starting to show signs of stabilisation having bounced from yesterday morning’s out of hours bottom of 7048, Overnight Asian sessions were weak once more with renewed fears of a bigger than first anticipated fall out from Trade Wars with the U.S loomed heavily, seeing the Yuan slip again. Trading stateside yesterday was far more buoyant, the Dow Jones recovering 300 of the points it lost in the previous trading session, could this be the beginning of another “Trump dump rally?” Oil slipped from Yesterday’s $61 high to fall to $59 a barrel as gold continued to rally to $1482 (recent highs).
AstraZeneca announces prostate cancer drug Lynparza Phase III met primary endpoint in trials.
Glencore reported -32% profit for 1H 2019 and said it was planning to put its Mutanda mine in the Democratic Republic of Congo into temporary care and maintenance by year end. EBITDA were $5.58 billion (2018: $8.18 bn) hit by a fall in cobalt prices and lower copper production.
Legal & General reports +11% 1H 2019 profit driven by a increase in bulk annuity deals and positive flows at its asset management unit. Assets under management +15%.
Standard Life Aberdeen reports +5% in 1H 2019 assets to £557.5bn. Positive market moves added 41.2 billion pounds, against net outflows of 15.9 billion pounds.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Rio Tinto Upgraded to Hold by Morningstar (Bloomberg: 8 Buys / 14 Holds / 8 Sell)
Croda Upgraded to Hold by Morningstar (Bloomberg: 5 Buy / 12 Holds / 2 Sells)
Bunzl Upgraded to Buy by Morningstar (Bloomberg: 7 Buys / 4 Holds / 5 Sells)
IHG Upgraded to Hold by Morningstar (Bloomberg: 5 Buys/ 6 Holds/ 1 Sells)
German Industrial Production data (7.00am)
ECB Coeuré speech (08.30am)
Glencore, Standard Life Aberdeen Asset Management, Flutter, Acacia Mining, Legal & General
Evraz, Hargreaves Lansdown, Bellway, Cineworld, Funding Circle, Aviva
William Hill, WPP, Hikma, G4S
Direct Line Group: 2.23%
Standard Chartered: 0.82%
Rio Tinto: 3.81%
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