This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
|Yesterday’s FTSE100 Leaders||Price (p)||% Chg|
|INTERTEK GROUP PLC||5,238.0||7.6%|
|BT GROUP PLC||114.7||3.7%|
|INTL CONSOLIDATED AIRLINE-DI||206.1||3.7%|
|ROLLS-ROYCE HOLDINGS PLC||283.3||3.5%|
|Yesterday’s FTSE100 Laggards||Price (p)||% Chg|
|STANDARD CHARTERED PLC||391.5||-5.3%|
|LLOYDS BANKING GROUP PLC||28.4||-4.9%|
|LEGAL & GENERAL GROUP PLC||185.7||-3.8%|
|Major World Indices||Price||% Chg||1 Year|
|FTSE 100 INDEX||6,015||-0.9%||-17.9%|
|DOW JONES INDUS. AVG||24,474||-0.4%||-5.4%|
|S&P/ASX 200 INDEX||5,550||-0.4%||-14.8%|
|WTI Crude Oil (Nymex)||USD/bbl.||33.91||1.25%|
|Brent Crude (ICE)||USD/bbl.||36.04||0.81%|
|Gold Spot||USD/t oz.||1,727||0.0%|
FTSE 100 called to open -70 points at 5945. Calls for a negative open come after China failed to set an economic growth target for 2020, sparking concerns that the fallout from the coronavirus pandemic, sparking oil prices to plummet, Brent crude was trading down $1.38, or 3.8 percent, at $34.68 a barrel by 0420 GMT, after falling as low as $33.54. West Texas Intermediate (WTI) crude dropped by $1.79, or 5.3 percent, to $32.13 a barrel, having slumped to $30.72 earlier. In Asia, Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year’s pro-democracy unrest, risking fresh protests and further straining fast-deteriorating US-China ties, this prompted the Hang Seng index fell 3.7 percent to a seven-week low, whilst Japan’s Nikkei slipped 0.25 percent.
AstraZeneca announce their drug Enhertu granted Orphan Drug Designation in the US for gastric cancer.
Burberry reported a 27% drop in comparable sales in the final quarter of its year and warned that the luxury industry could take some time to recover from the COVID-19 pandemic. They said given the uncertain outlook, they have pulled their final dividend and would review future payouts at the end of its 2021 financial year.
United Utilities posts a 9% rise in FY profit of £743.9m, beating estimates (analysts average estimates £648.5m) but said it would review its dividend policy for the five-year pricing control period ending 2025 amid the COVID-19 crisis. They have proposed a final dividend of 28.4p, higher than last year’s payment of 27.52p.
Close Brothers Group
GER – Markit Services PMI
GER – Markit Services PMI
Hilton Food Group
Great Portland Estates
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