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 |
| RECKITT BENCKISER GROUP PLC | 6,127.0 | 1.6% |
| SSE PLC | 1,109.5 | 1.4% |
| JUST EAT PLC | 800.4 | 1.3% |
| FRESNILLO PLC | 687.6 | 1.3% |
| HALMA PLC | 1,988.0 | 1.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| NMC HEALTH PLC | 1910.0 | -5.6% |
| SCHRODERS PLC | 2787.0 | -3.6% |
| ROLLS-ROYCE HOLDINGS PLC | 752.2 | -3.5% |
| HARGREAVES LANSDOWN PLC | 1996.0 | -3.4% |
| BURBERRY GROUP PLC | 2143.0 | -3.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,227 | -0.4% | -5.4% |
| DOW JONES INDUS. AVG | 25,898 | -1.5% | 2.8% |
| DAX INDEX | 11,680 | -0.1% | -5.5% |
| NIKKEI 225 | 20,443 | -1.2% | -8.3% |
| S&P/ASX 200 INDEX | 6,569 | -0.3% | 5.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 54.72 | -0.38% |
| Brent Crude (ICE) | USD/bbl. | 58.32 | -0.43% |
| Gold Spot | USD/t oz. | 1,520 | 0.6% |
| Copper (Comex) | USd/lb. | 258 | -0.1% |
Click graph to enlarge
UK 100 called to open +10 points today at 7235; Calls for a positive open come after, U.S. ready to offer U.K. sector-based deals. We saw another negative US trading session yesterday, with the Dow giving up almost 400 points, further political issues rumbled on in the far east as Hong Kong’s leader urged calm as tensions in the country rose, however Hong Kong airport is now reopened, elsewhere, Argentine President Mauricio Macri’s shock primary election setback triggered routs in all markets. The peso tumbled as much as 33%. Oil continued to hold at $58 a barrel following last weeks volatility, as gold smashed through to $1500 handle once again to reach fresh multi year highs of $1520.
Card Factory reports H1 2019 like-for-like sales +1.5% (H1 FY19: -0.2%), with robust sales performance in a challenging consumer environment. Further expansion of their store network with 26 net new UK stores opened (H1 FY19: 25). The Board anticipates profits for the full year to be in line with previous guidance.
Plus 500 announces the appointment of Credit Suisse as its joint corporate broker, alongside Liberum, with immediate effect.
Plus 500 reported H1 2019 trading inline with expectations. Performance improved in Q2 2019, following low levels of volatility in the financial markets in Q1 2019. EBITDA -81%, Net profit $51.6m -80%. Dividend per share -80%.
TUI AG reports EBITA -46% year-on-year (To 100.9 million euros), due to the impact of 144 million euros in costs resulting from the grounding of the 737 MAX. It upheld its earnings outlook for the full year.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Croda Downgraded to Sell by Goldman Sachs (Bloomberg: 5 Buys / 11 Holds / 3 Sells)
Intercontinental Hotels Group Downgraded to Hold by Berenberg (4 Buys/ 7 Holds/ 10 Sells)
London Stock Exchange Group Downgraded to reduce by Commerzbank (9 Buys/ 5 Holds/ 1 Sell)
UK Average earnings (9.30am)
German ZEW surveys(10.00am)
US CPI (1.30pm)
AA, TUI, Card Factory
Admiral, Prudential, Balfour Beatty, Hochschild Mining, Kaz Minerals, GVC holdings
(Full list available on Week in advance)
Royal Bank of Scotland – 6.85%
Evraz – 4.73%
Phoenix – 3.47%
Anglo American – 2.85%
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.