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|Wednesday’s UK 100 Leaders||Price (p)||% Chg|
|LAND SECURITIES GROUP PLC||557.6||2.7%|
|3I GROUP PLC||974.6||2.6%|
|Wednesday’s UK 100 Laggards||Price (p)||% Chg|
|ROLLS-ROYCE HOLDINGS PLC||192.4||-5.4%|
|WM MORRISON SUPERMARKETS||171.0||-4.0%|
|MELROSE INDUSTRIES PLC||122.0||-2.6%|
|JUST EAT TAKEAWAY||8248.0||-2.1%|
|LONDON STOCK EXCHANGE GROUP||8974.0||-1.9%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||6,078||-0.4%||-17.0%|
|DOW JONES INDUS. AVG||28,032||0.1%||3.5%|
|S&P/ASX 200 INDEX||5,956||1.0%||-10.8%|
|WTI Crude Oil (Nymex)||USD/bbl.||40.22||5.07%|
|Brent Crude (ICE)||USD/bbl.||42.34||4.47%|
|Gold Spot||USD/t oz.||1,959||0.0%|
UK 100 called to open -40 points this morning at 6040. Calls for a negative open come on the back of a mainly red day stateside, The Dow Jones was the only major index in the US to end the day in the green adding 36.78 points, or 0.1%, to close at 28,032.38. It was a different story however for the S&P which slipped 0.5% to 3,385.49. The Nasdaq also dropped during the session by 1.25% to finish at 11,050.47. The S&P 500 and Nasdaq saw losses as they were pulled back by shares of major tech companies as yesterdays relief rally seemed to lose traction. Traders mulled The U.S. central bank keeping interest rates near zero. As members of the Fed’s policymaking committee also indicated the overnight rate could stay near zero through 2023.
AstraZeneca state that the adverse events that led to a pause in trials of their COVID-19 vaccine candidate may not have been associated with the vaccine itself.
IG Group reported a surge in Q1 revenue as the coronavirus crisis and fears of its impact on the global economy continued to drive up volatility and trading volumes on financial markets.
Next have raised its profit outlook for the second time in two months as it reported strong recent trading. They now expect FY 2020 pretax profit of £300m (2019: £729m), up from its view in July of £195m. Full price sales in the last 7 weeks were up 4% y-o-y, which was driven by recent cool weather and fewer overseas holidays.
Playtech posted lower H1 2020 profit, hit by store closures and sports events cancellations due to coronavirus-led curbs. H1 2020 adjusted core earnings fell 15% to 162.3m euros.
Rolls-Royce are continuing to review funding options, including debt and equity, to boost its balance sheet.
Bank of Japan Interest Rate Decision
Bank of England Interest Rate Decision
EU Consumer Price Index
US Continuing Jobless Claims
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