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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
HIKMA PHARMACEUTICALS PLC | 1,964.0 | 5.1% |
SAINSBURY (J) PLC | 210.0 | 2.1% |
SMITH & NEPHEW PLC | 1,427.5 | 1.8% |
UNITED UTILITIES GROUP PLC | 898.0 | 0.9% |
BUNZL PLC | 1,513.5 | 0.8% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
CARNIVAL PLC | 981.6 | -20.5% |
FLUTTER ENTERTAINMENT PLC | 6550.0 | -11.6% |
NEXT PLC | 4008.0 | -11.1% |
PERSIMMON PLC | 1850.0 | -11.0% |
ROYAL DUTCH SHELL PLC-B SHS | 1230.6 | -10.4% |
Major World Indices | Price | % Chg | 1 Year |
UK 100 INDEX | 5,510 | -5.3% | -24.3% |
DOW JONES INDUS. AVG | 21,637 | -4.1% | -16.6% |
DAX INDEX | 9,633 | -3.7% | -16.4% |
NIKKEI 225 | 19,085 | -1.6% | -10.0% |
S&P/ASX 200 INDEX | 5,181 | 7.0% | -16.2% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 20.66 | -3.95% |
Brent Crude (ICE) | USD/bbl. | 23.51 | -5.70% |
Gold Spot | USD/t oz. | 1,616 | -0.8% |
Copper (Comex) | USd/lb. | 216 | -0.6% |
UK 100 called to open +5 points at 5515. U.S. stock futures erased losses, as traders reacted to China’s rate cut on seven-day reverse repurchase agreements on Monday. As part of the stimulus, the People’s Bank of China injected 50 billion yuan ($7.1 billion) into the banking system. This saw the Nikkei recovery to fall just 1.57% on the day, having a at point been down 4% during the session. It was a similar story in Hong Kong, seeing the Hang Seng falling just 1% having also recovered during trading. Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning surplus of crude. Futures in London fell as much as 7.6% to the lowest since November 2002, while New York crude briefly dipped below $20 a barrel.
AstraZeneca annouce that its drug Imfinzi has been approved in the US for extensive-stage small cell lung cancer treatment. Astra also announce that the Farxiga phase III trial will be stopped early after overwhelming efficacy in patients with chronic kidney disease.
Bank of Ireland has withdrawn its proposed dividend for the year of 17.5 cents per share. The earliest reassessment of this would be in October 2020.
EasyJet have announced that they have grounded their entire fleet of aircraft as of today after completing the last of its repatriation flights yesterday in the face of the COVID-19 travel restrictions enforced by countries across the world.
Johnson Matthey report that they were on track to deliver results in line with market expectations before the COVID-19 outbreak. They state that impact of the virus will be around £50m on trading performance. They now expect to deliver group operating performance below market expectations for 2020.
FCA has asked UK companies to delay results
for at least two weeks to prevent investors acting on out-of-date information
FCA has asked UK companies to delay results
for at least two weeks to prevent investors acting on out-of-date information
GER – German Harmonised Index of Consumer Prices
US – Pending Home Sales Data
UK – GFK Consumer Confidence
UK 100 :
Smith & Nephew
Mondi
Melrose
Phoenix Group Holdings
Standard Life Aberdeen
:
Chemring Group
Moneysupermarket
Provident Financial
IMI
Man Group
ConvaTec Group
CLS Holdings
TP ICAP
Quilter
Softcat
Associate British Foods Downgraded to Underperform by RBC Capital Markets (Bloomberg: 14 Buys/ 4 Holds/ 3 Sells)
Cineworld Downgraded to Neutral by J.P. Morgan (Bloomberg: 5 Buys/ 4 Holds/ 0 Sells)
Cranswick Upgraded to Buy by Peel Hunt (Bloomberg: 10 Buys/ 0 Holds/ 0 Sells)
Dixons Carphone Downgraded to Underperform by RBC Capital Markets (Bloomberg: 6 Buys/ 5 Holds/ 1 Sells)
Gamma Communications Upgraded to Buy by Peel Hunt (Bloomberg: 5 Buys/ 2 Holds/ 0 Sells)
IWG Upgraded to Outperform by RBC Capital Markets (Bloomberg: 7 Buys/ 2 Holds/ 0 Sells)
Rentokil Upgraded to Outperform by RBC Capital Markets (Bloomberg: 6 Buys/ 6 Holds/ 3 Sells)
RPS Group Downgraded to Sector perform by RBC Capital Markets (Bloomberg: 2 Buys/ 1 Holds/ 0 Sells)
Smith & Nephew Downgraded to Market perform by RBC Capital Markets (Bloomberg: 7 Buys/ 7 Holds/ 2 Sells)
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