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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| EVRAZ PLC | 372.7 | 5.5% |
| ANGLO AMERICAN PLC | 2,176.5 | 4.2% |
| STANDARD CHARTERED PLC | 719.0 | 4.0% |
| HARGREAVES LANSDOWN PLC | 1,913.5 | 4.0% |
| PRUDENTIAL PLC | 1,369.5 | 3.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| SEVERN TRENT PLC | 2221.0 | -2.9% |
| HIKMA PHARMACEUTICALS PLC | 1929.5 | -2.4% |
| UNITED UTILITIES GROUP PLC | 855.0 | -2.0% |
| FERGUSON PLC | 6680.0 | -1.8% |
| NATIONAL GRID PLC | 888.7 | -0.9% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,303 | 1.2% | 5.2% |
| DOW JONES INDUS. AVG | 28,111 | 0.7% | 14.6% |
| DAX INDEX | 13,259 | 0.9% | 20.6% |
| NIKKEI 225 | 23,425 | 0.1% | 8.4% |
| S&P/ASX 200 INDEX | 6,709 | -0.7% | 18.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 59.21 | 0.77% |
| Brent Crude (ICE) | USD/bbl. | 64.26 | 0.85% |
| Gold Spot | USD/t oz. | 1,467 | -0.6% |
| Copper (Comex) | USd/lb. | 279 | 0.1% |
Click graph to enlarge
UK 100 called to open +10 at 7297 this morning. Global stocks overnight hit a record high for the first time time since early 2018, as Donald Trump signs off on a trade deal with China which will avert tariffs set for the 15th December. The DOW rallied over 200 points overnight. GBP/USD hit 18 month highs last night as the Conservatives swept away with a majority in UK general elections. Boris Johnson’s mandate should be easier to push through now, and Brexit hopefully will be delivered (at some point!). This win will deliver more political certainty for markets, which is much needed at the moment. Crude pushed higher last night with WTI settling up 0.57% at $59.52, whilst Gold finished down 0.1% at $1470.9.
Centamin have appointed Ross Jerrard as their interim CEO effective immediately.
Hurricane Energy reports strong performance at its Lancaster EPS wells. FY19 guidance of producing 3.1m barrels of oil (13,000 bopd) with revenues of $165m. Lancaster EPS average production rate guidance maintained for FY20 at 20,000 bopd.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Auto Trader Upgraded to buy by HSBC (Bloomberg: 6 Buys / 12 Holds / 3 Sells)
IAG Upgraded to a buy by HSBC (Bloomberg: 28 Buys / 3 Holds / 0 Sells)
Severn Trent Upgraded to Overweight by Barclays (Bloomberg: 2 Buys / 7 Holds / 5 Sells)
TUI Downgraded to Hold by Nord/LB (Bloomberg: 8 Buys / 13 Holds / 2 Sells)
United Utilities Upgraded to Overweight by Barclays (Bloomberg: 7 Buys / 4 Holds / 5 Sells)
Result of UK general Election
European Council Meeting – Day 2
US Retail Sales Data
Balfour Beatty
(Full list available on Week in advance)
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