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|Yesterday’s FTSE100 Leaders||Price (p)||% Chg|
|JD SPORTS FASHION PLC||615.6||1.4%|
|Yesterday’s FTSE100 Laggards||Price (p)||% Chg|
|NMC HEALTH PLC||2023.0||-3.4%|
|RIO TINTO PLC||4056.0||-2.5%|
|Major World Indices||Price||% Chg||1 YEAR|
|FTSE 100 INDEX||7,254||-0.4%||-5.4%|
|DOW JONES INDUS. AVG||26,287||-0.3%||3.9%|
|S&P/ASX 200 INDEX||6,590||0.1%||5.0%|
|WTI Crude Oil (Nymex)||USD/bbl.||54.21||-0.53%|
|Brent Crude (ICE)||USD/bbl.||58.23||-0.51%|
|Gold Spot||USD/t oz.||1,495||-0.1%|
FTSE 100 called to open +35 points at 7288; A continuation of late last weeks recovery has seen the FTSE creep back towards the 7300 level, this is on the back of a positive trading session in Asia which saw stocks edge higher and show signs of stabilising, pained with a recovering Yuan, all contributed to an overnight equity market rally. Oil stabilised at $58 a barrel following a a volatile time last week, as gold tested the $1500 handle once again before retracting back to $1496.
Ferrexpo appoint Fiona MacAulay as an Independent Director of the company with immediate effect.
SSE announces the possible sale of SSE Energy services to Ovo Group with discussions continuing and no agreements have been made yet.
Thomas Cook has announced it is in advanced discussions with noteholders for a £150m cash injection, apart from the £750m rescue it was already negotiating with top shareholder Fosun Tourism.
Tullow Oil announces the results of its Jethro-1 exploration well. The well encountered 55m of net oil pay which supports a recoverable oil resource estimate which exceeds Tullow’s pre-drill forecast.
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 foreign investment data (before the open)
Monthly budget statement
Plus 500, Clarkson
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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