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Morning Report - 1 April 2021

Yesterday’s UK 100 Leaders Price (p) % Chg
SCOTTISH MORTGAGE INV TR PLC 1,137.0 3.8%
HIKMA PHARMACEUTICALS PLC 2,276.0 3.5%
POLYMETAL INTERNATIONAL PLC 1,419.5 2.2%
ADMIRAL GROUP PLC 3,101.0 2.0%
AVEVA GROUP PLC 3,422.0 1.9%
Yesterday’s UK 100 Laggards Price (p) % Chg
BRITISH LAND CO PLC 504.8 -3.3%
MONDI PLC 1850.0 -3.3%
ROLLS-ROYCE HOLDINGS PLC 105.3 -3.0%
WPP PLC 920.6 -2.8%
MELROSE INDUSTRIES PLC 166.9 -2.8%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,714 -0.9% 23.1%
DOW JONES INDUS. AVG 32,982 -0.3% 57.5%
DAX INDEX 15,008 0.0% 57.2%
NIKKEI 225 29,389 0.7% 62.7%
S&P/ASX 200 INDEX 6,829 0.6% 29.9%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 59.85 1.17%
Brent Crude (ICE) USD/bbl. 63.54 -0.94%
Gold Spot USD/t oz. 1,715 0.4%
Copper (Comex) USd/lb. 396 -0.8%
UK 100 is called to open +27 points this morning at 6740.

1 Day; 8 Months

Click graph to enlarge

Markets Overview:

 

UK 100 is called to open +27 points this morning at 6740.  Calls for a stronger start today come ahead of the four day Easter break, market optimism has been aided by talks over a potential of a further $2trn stimulus package in infrastructure spending.  This saw markets stateside heading north, however, Wednesday’s close saw the Dow Jones finish in red, down 0.26% to 32,981, whilst the S&P rose by 0.36% to 3,972.  A tech driven rally saw the the Nasdaq as the stand out performing benchmark, adding 201 points or 1.54% to close at 13,246.  In Asia this morning it was a similar story, Japan’s Nikkei rose by 213 points or 0.73% to 29,392 and Hong Kong’s Hang Seng was up 3-6 points, 1.08%, at 28,680. The Shanghai Composite was also marked higher, adding 0.18% to trade at 3,449.

 

Company News & Broker Comments:

 

 

Company News:

Breedon Group name Rob Wood as their new CEO.

 

Equiniti reports a 2020 pretax loss of £6.6m (2019: £39.8m profit) and have declared no dividend payments for 2020 (2019: 5.49p).

 

Next reports that their pretax profit fell 54% to £342.4m which was in line with guidance. They have proposed no final dividend and their buyback programme remains suspended. They expect to post pretax profits of £700m in FY22 with online sales expected to rise by 18%.

 

Broker Comments:

Barclays resumes rating Premier Oil with Overweight (1 Buy / 3 Holds / 2 Sells)

 

 

 

Reporting Today:

 

Next

 

 

Reporting Tuesday:

 

Bank Holiday

 

In Focus Today:

 

German Retail Sales

US ISM Manufacturing PMI

Chinese Caixin Manufacturing PMI

German Markit Manufacturing PMI

EU Economic Bulletin

UK Markit Manufacturing PMI

US Markit Manufacturing PMI

 

 

Today’s Ex Dividends:

 

UK 100:

 

Phoenix Group Holdings

Taylor Wimpey

Smith & Nephew

Melrose Industries

 

UK 250:

 

Hammerson

Murray International Trust

ContourGlobal

ConvaTec Group

IMI

Primary Health Properties

Chemring Group

Finsbury Growth & Income Trust

RIT Capital Partners

 

 

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.


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