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Morning Report - 21 October 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
INTL CONSOLIDATED AIRLINE-DI 100.0 4.4%
INFORMA PLC 417.6 2.7%
STANDARD CHARTERED PLC 378.6 2.4%
NEXT PLC 6,166.0 2.2%
BRITISH LAND CO PLC 364.5 2.1%
Yesterday’s UK 100 Laggards Price (p) % Chg
GVC HOLDINGS PLC 1039.5 -2.4%
DCC PLC 5230.0 -2.2%
PENNON GROUP PLC 1006.0 -2.1%
FLUTTER ENTERTAINMENT PLC 13000.0 -2.1%
IMPERIAL BRANDS PLC 1288.0 -2.1%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 5,885 -0.6% -17.7%
DOW JONES INDUS. AVG 28,195 -1.4% 5.3%
DAX INDEX 12,855 -0.4% 1.8%
NIKKEI 225 23,573 -0.4% 4.6%
S&P/ASX 200 INDEX 6,185 -0.7% -7.0%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 40.57 -0.64%
Brent Crude (ICE) USD/bbl. 42.46 -0.38%
Gold Spot USD/t oz. 1,901 -0.2%
Copper (Comex) USd/lb. 309 0.0%

 

UK 100 called to open -10 points this morning at 5874.

4 Hours; 2 Months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open +15 points this morning at 5906.  Calls for a positive open come as a continuation of Tuesday’s modest gains following positive performances overnight on Wall Street and in Asia, with investors awaiting the latest UK inflation data.  Overnight on Wall Street, the Dow Jones rebounded 113 points, or 0.4% higher to end at 28,308, while the S&P 500 index gained 0.4%,  Asian markets also saw gains on Wednesday, with Japan’s Nikkei 225 index up 0.4% and Hong Kong’s Hang Seng index ahead 0.7%

 

Company News:

Antofagasta reports a 4.6% drop in Q3 copper output but maintains FY 2020 production guidance.
 
AstraZeneca‘s COVID-19 vaccine trial in the USA is expected to resume as early as this week after the FDA completed its review of a serious illness in a study participant.
Fresnillo sees 2020 silver production in the range of 51-56 Moz.
GSK says it will move its experimental vaccine against the respiratory syncytial virus (a cause of pneumonia in toddlers and the elderly) into the final stage of testing, encouraged by mid-stage trial results.
Metro Bank reported a 2% increase in lending for Q3 2020 but warned its capital levels remain below buffers expected by regulators as it grapples with the impact of the COVID-19 pandemic.
Segro have agreed to acquire an urban warehouse park in Canning Town from Schroders for £133m.
William Hill warns of profit hit on local lockdowns as Q3 revenue falls. They estimated that shutting 100 shops for four weeks due to further local lockdowns would reduce core earnings by around £2m.

Reporting Today:

 

C&C Group
Segro PLC
Ericsson
Align Technology Inc
Avangrid Inc
First Cash Financial Services Inc
Amphenol Corp
Forum Energy Technologies Inc
Verizon Communications Inc
Great Western Bancorp Inc
BOK Financial Corp
Landstar System Inc
TrustCo Bank Corp NY
Whirlpool Corp
Universal Forest Products Inc
Graco Inc
Raymond James Financial Inc
NorthWestern Corp

 

 

Reporting Tomorrow:

 

WH Smith PLC
Unilever PLC
DataTec Ltd
Aveva Group PLC
National Express Group PLC
Rentokil Initial PLC
First American Financial Corp
NorthWestern Corp
Landstar System Inc
Grainger (WW) Inc

 

In Focus Today:

 

UK Consumer Price Index

UK Retail Price Index

UK PPI Core Output

BoE’s Ramsden speech

US Fed’s Beige Book

 

Tomorrow’s Ex Dividends:

 

UK 100:

 

BAE Systems

Smiths Group

 

UK 250:

 

European Opportunities Trust

Bankers Investment Trust

Tritax Big Box REIT

Synthomer

 

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