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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
Smith & Nephew plc | 1,624 | 3.47% |
Hargreaves Lansdown plc | 1,600 | 2.76% |
HSBC Holdings plc | 411.45 | 2.1% |
Pearson plc | 679.0 | 1.86% |
Scottish Mortgage Investment Trust plc | 1,241 | 1.55% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Entain plc | 1,245.0 | -11.92% |
WPP plc | 789.80 | -3.54% |
Barclays plc | 146.86 | -2.95% |
Standard Chartered plc | 476.6 | -2.91% |
Flutter Entertainment | 14,400 | -2.64% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 6,713 | -0.1% | -12.5% |
DOW JONES INDUS. AVG | 30,943 | 0.4% | 5.4% |
DAX INDEX | 13,815 | -0.2% | 2.1% |
NIKKEI 225 | 28,633 | 1.4% | 19.1% |
S&P/ASX 200 INDEX | 6,743 | 1.2% | -4.6% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 52.95 | 1.13% |
Brent Crude (ICE) | USD/bbl. | 55.85 | 2.01% |
Gold Spot | USD/t oz. | 1,841 | 0.0% |
Copper (Comex) | USd/lb. | 361 | 0.3% |
UK 100 called to open +18 points this morning at 6730. A positive open is expected in London today as markets welcome pledge from new US Treasury Secretary Yellen to “act big” on stimulus, to help the US economy rebound from Covid-19. Traders today traders await the inauguration of new US president Joe Biden and the formal end of the Trump era. Stocks in Asia overnight were mostly higher on Wednesday. Hong Kong’s Hang Seng gained 0.81%, mainland China saw stocks gain on the Shanghai composite, adding 0.33% while South Korea’s Kospi was 0.68% higher. Japan’s Nikkei however was an exception among its peers, falling 0.38% during a session that saw some Asian markets climb to record highs, before giving back some of the gains by session close.
Antofagasta reports that their copper production for the FY was 733,900 tonnes. They finished the year strongly, achieving FY production guidance and lower cash costs than in 2019.
BHP has forecast record iron ore production for its fiscal year 2021 as it looks to cash in on high prices for the commodity following the restart of its Brazilian operations.
Burberry report that underlying sales fell 9% in Q3 as the COVID-19 pandemic closed shops and meant fewer tourists were visiting its European stores. Comparable store sales in Europe, the Middle East, India and Africa declined by 37% in the quarter, but they remained confident in the future, buoyed by sales growth of 11% in Asia Pacific stores.
Dixons Carphone reported a 11% rise in the sales of electricals over Christmas as strong online performance more than offset the closure of stores during COVID-19 lockdowns. They forecast FY 2020-21 profits to be in line with market expectations despite current store closures. They have also appointed Bruce Marsh as CFO with effect from July 12th.
IAG has agreed to buy Spain’s Air Europa for 500m euros under an amended deal.
JD Wetherspoon have raised £93.7m in its second cash call from investors since the start of the COVID-19 pandemic, as the government’s order to close hospitality venues hammers its finances. They state that 8.4m new shares have been placed by Investec Bank at a price of 1,120p per share.
London Stock Exchange state it should complete its $27bn acquisition of Refinitiv on Jan 29th.
WH Smith says that it expects a monthly cash burn of around £15-20m during the current coronavirus-led lockdown in Britain. They also said that trading during Christmas was ahead of its expectations.
Antofagasta Holdings*
BHP Group Plc
Burberry Group plc
Cairn Energy plc
City of London Investment Group plc
CMC Markets Plc
Diploma plc
J D Wetherspoon plc**
WH Smith Plc
AJ Bell Plc
Arrow Global Group plc
Close Brothers Group plc
Countryside Properties Plc
Sage Group plc
IG Group Holdings Plc
PBoC Interest Rate Decision
UK Consumer Price Index
UK Retail Price Index
Eurozone Consumer Price Index
German Producer Price Index
UK 100:
None
UK 250:
None
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