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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
HARGREAVES LANSDOWN PLC | 2,050.0 | 11.8% |
ROLLS-ROYCE HOLDINGS PLC | 773.6 | 6.0% |
ANTOFAGASTA PLC | 869.6 | 5.4% |
NMC HEALTH PLC | 2,095.0 | 4.8% |
OCADO GROUP PLC | 1,208.0 | 4.3% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
BT GROUP PLC | 173.6 | -5.9% |
DIRECT LINE INSURANCE GROUP | 298.8 | -2.6% |
STANDARD LIFE ABERDEEN PLC | 256.0 | -1.8% |
CENTRICA PLC | 67.6 | -1.2% |
BARCLAYS PLC | 145.9 | -1.1% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,286 | 1.2% | -5.9% |
DOW JONES INDUS. AVG | 26,378 | 1.4% | 3.4% |
DAX INDEX | 11,845 | 1.7% | -6.6% |
NIKKEI 225 | 20,685 | 0.4% | -8.5% |
S&P/ASX 200 INDEX | 6,584 | 0.3% | 4.6% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 52.61 | 0.13% |
Brent Crude (ICE) | USD/bbl. | 57.41 | 0.05% |
Gold Spot | USD/t oz. | 1,503 | 0.1% |
Copper (Comex) | USd/lb. | 259 | -0.6% |
UK 100 called to open -25 points at 7260; Although we are set to open lower this morning on the UK Index , it is worth noting we have now seen the index bounce 200 points since Monday mornings low (7048) and even tested 7300 overnight. During the Asian trading session we saw stocks edge higher, however these gains were capped as Chinese producer price data fell for the first time in 3 years, seeing deflation worries resurface, this paired with renewed trade war jitters prevented the Asian session run further. It was even more bullish during Stateside trading yesterday seeing all major indices end the day in the green, the Nasdaq leading the way with gains in excess of 2%. Oil maintained yesterday’s lows of $57 a barrel. Gold pulled back slightly from Wednesdays highs but still maintained a level above the crucial $1500 handle.
AstraZeneca announced today that its cancer drug Tagrisso significantly improves overall survival in the Phase III FLAURA trial for 1st-line EGFR-mutated non-small cell lung cancer
CRH completes the latest phase of its share buyback programme, returning a further €350 million of cash to shareholders. This brings total cash returned to shareholders under their ongoing share buyback programme to €1.35 billion.
G4S announces that the board have approved plans to separate its cash solutions business as it looks to focus on its mainstay security operations, currently evaluating all proposals from third parties for its cash solutions business. Profit before interest, tax and amortization rose to £234m (Ahead of analyst expectations of £231m).
Hikma has reported that its core earnings rose 14.3% in H1 2019 to $288m. Consequently it has raised its full-year revenue forecasts and said sales in its injectables unit would be near the high end of its previous outlook range due to higher demand for its medicines.
William Hill reports H1 2019 adjusted operating profit -33%to £76.2m, reflecting £2 stake limit and investment in US expansion. Interim Dividend of 2.66p per share. Full-year performance expected to be in-line with expectations.
WPP reported better-than-expected organic sales performance for Q2 2019, as its new strategy help them win new business and retain clients. Organic growth less-through costs -1.4% (-3% expected), an improvement on Q1. Reiterates full year guidance of -1.5% and -2%.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Ultra Electronic target price increased to 2100p by Kepler Cheuvreux (Bloomberg: 6 Buys / 3 Holds / 3 Sells)
WPP target price increased to 1170p by Goldman Sachs (Bloomberg: 13 Buys / 11 Holds / 3 Sells)
Overnight Chinese CPI data reaction
U.K. GDP (9.30am)
U.S. Producer price data (1.30pm)
Baker Hughes oil rig count (6.00pm)
William Hill, WPP, Hikma, G4S
TUI, Admiral, Prudential
(Full list available on Week in advance)
Royal Bank of Scotland – 6.85%
Evraz – 4.73%
Phoenix – 3.47%
Anglo American – 2.85%
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