This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| LONDON STOCK EXCHANGE GROUP | 7,248.0 | 3.3% |
| HARGREAVES LANSDOWN PLC | 1,816.5 | 2.5% |
| ANGLO AMERICAN PLC | 1,850.0 | 1.9% |
| CRH PLC | 2,641.0 | 1.4% |
| ASTRAZENECA PLC | 7,091.0 | 1.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| RIGHTMOVE PLC | 519.0 | -3.5% |
| FRESNILLO PLC | 669.4 | -2.8% |
| HALMA PLC | 1890.0 | -2.3% |
| SAINSBURY (J) PLC | 202.3 | -2.2% |
| CENTRICA PLC | 68.0 | -2.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,167 | 0.3% | 0.3% |
| DOW JONES INDUS. AVG | 26,346 | 0.7% | 2.9% |
| DAX INDEX | 12,094 | 1.0% | 3.3% |
| NIKKEI 225 | 21,530 | 0.3% | -8.4% |
| S&P/ASX 200 INDEX | 6,547 | 0.0% | 8.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 52.57 | -0.04% |
| Brent Crude (ICE) | USD/bbl. | 58.32 | 0.00% |
| Gold Spot | USD/t oz. | 1,508 | 0.1% |
| Copper (Comex) | USd/lb. | 258 | 0.6% |
Click graph to enlarge
UK 100 called to open flat at 7167 (ex-dividends have had a 9 point impact); in focus today will be the resumption of U.S.-China trade talks in Washington amid more mixed signals. The U.S. may include a currency pact as part of a first-phase deal that would also suspend planned tariff hikes, people familiar said. The Dow Jones yesterday rallied 180 points in anticipation of today’s talks, during Asian trading we saw the Nikkei rise 57 points, the Hang Seng 85 points, does this global rise in equity markets point towards a more positive sentiment? During yesterday’s trading we saw oil prices edge higher, only to give up gains during the closed hours. Gold is unchanged having peaked to month highs overnight before retracing, holding firm at $1507.
Dunelm announced Q1 trading update with like-for-like sales +6.4% and total growth +7.5%. The beginning of the quarter was particularly strong, reflecting continued market share gains and the weak comparative period last year. Full year outlook remains unchanged.
Galliford Try secures contract for water frameworks worth £340m.
Hargreaves Lansdown announced Q3 results with assets under administration +3%, driven by net inflows of client cash and market gains. Total assets of £101.8bn (Q2 £99.3bn).
IAG announces the launch of new a new flight from London’s Gatwick Airport to the Turkish resort of Antalya, once among Thomas Cook’s most popular routes.
IQE announces the 100% acquisition of its joint venture with CSDC private limited in Singapore.
Inchcape has agreed to sell its Inchcape Fleet Solutions business to Toyota for £100m.
Mondi announced H1 2019 EBITDA -18% hit by lower average selling prices. Planned mill maintenance shuts during Q2 had an impact on profit of around 40m euros.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Rio Tinto Upgraded to a buy rating by HSBC (Bloomberg: 11 buys/ 10 holds/ 8 sells)
SIG Downgraded to a hold rating by Panmure (Bloomberg: 2 buys/ 7 holds/ 2 sells)
Pennon Upgraded to a Overweight rating by Barclays (Bloomberg: 8 buys/ 3 holds/ 2 sells)
Ferrexpo Downgraded to Underweight rating by Barclays (Bloomberg: 6 buys/ 4 holds/ 4 sells)
Hurricane Energy Upgraded to a Overweight rating by Barclays (Bloomberg: 11 buys/ 0 holds/ 0 sells)
Hargreaves Lansdown Upgraded to add rating by Numis (Bloomberg: 4 buys/ 7 holds/ 9 sells)
UK GDP
German Trade Balance
US CPI
Hargreaves Lansdown, Dunelm, Mondi
Man Group
Marstons, Merlin, Rio Tinto, Schroders, ASOS, BHP Group, Domino’s Pizza, Rentokil, Dechra, LSE
(Full list available on Week in advance)
Barratt Developments – 5.8%
Centrica – 2.1%
Close Brothers Group – 3.2%
Weir Group – 1.2%
(Full list available on Week in advance)
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.