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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ANTOFAGASTA PLC | 864.0 | 4.5% |
| ANGLO AMERICAN PLC | 1,923.6 | 4.0% |
| LLOYDS BANKING GROUP PLC | 52.7 | 3.9% |
| BT GROUP PLC | 184.9 | 3.9% |
| KINGFISHER PLC | 192.8 | 3.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BARRATT DEVELOPMENTS PLC | 586.8 | -3.7% |
| HARGREAVES LANSDOWN PLC | 1767.0 | -2.7% |
| FRESNILLO PLC | 654.2 | -2.3% |
| JUST EAT PLC | 617.8 | -2.2% |
| CENTRICA PLC | 66.6 | -2.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,186 | 0.3% | 2.6% |
| DOW JONES INDUS. AVG | 26,497 | 0.6% | 5.8% |
| DAX INDEX | 12,164 | 0.6% | 5.4% |
| NIKKEI 225 | 21,795 | 1.1% | -3.5% |
| S&P/ASX 200 INDEX | 6,607 | 0.9% | 12.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 54.38 | 1.55% |
| Brent Crude (ICE) | USD/bbl. | 60.29 | 2.01% |
| Gold Spot | USD/t oz. | 1,498 | 0.3% |
| Copper (Comex) | USd/lb. | 261 | 0.0% |
Click graph to enlarge
UK 100 called to open-30 points at 7158 ; Following yesterdays seemingly more positive days talks between UK Prime Minister Boris Johnson and his Irish counterpart, hopes were once again renewed that a Brexit deal could be done (The Irish backstop being a major stumbling point at this stage of preceding’s), however Irish Foreign Minister Simon Coveney said no one should get “carried away,” as significant work is left to be done. This news sent markets into a rally, banks moving as much as 4% higher, paired with news that US-China trade talks were progressing well which saw miners rise as much as 5% on the hope of a deal being done, puts us in a fascinating position to end the trading week. The Nikkei rose in excess of 1% overnight, the Hang Seng +2.5%, the Dow closed 150 points higher completing a near global green sweep of equity markets. Oil also rose overnight to settle above $60 for the first time this week, with more positive sentiment and a risk on appetite it is probably no real surprise that gold slipped back below $1500.
In corporate news this morning:
Dart group reported that they’ve continued to receive encouraging levels of later season bookings, with overall demand continuing to strengthen. Due to current market strength they’ve raised FY profits expectations.
Man Group reported Q3 results with funds under management of $112.7bn, positive investment movement of $0.7bn, net outflows $1.1bn, FX and other impacts of negative $1.3bn in the quarter. They warn that outlook for flows for the FY remains mixed.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Rio Tinto Upgraded to a buy rating by Jefferies (Bloomberg: 13 buys/ 9 holds/ 8 sells)
GlaxoSmithKline Upgraded to a buy rating by Cantor Fizgerald (Bloomberg: 9 buys/ 18 holds/ 2 sells)
Petra Diamonds Upgraded to a buy rating by Panmure (Bloomberg: 6 buys/ 5 holds/ 2 sells)
German CPI
French CPI
US Consumer Sentiment
Man Group
Marstons, Merlin, Rio Tinto, Schroders, ASOS, BHP Group, Domino’s Pizza, Rentokil, Dechra, LSE
(Full list available on Week in advance)
Smiths Group – 2.1%
BAE – 1.7%
Marshalls – 3.2%
(Full list available on Week in advance)
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