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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 468.6 | 3.1% |
| NMC HEALTH PLC | 2,571.0 | 2.8% |
| CENTRICA PLC | 71.5 | 2.6% |
| HISCOX LTD | 1,603.0 | 2.0% |
| FRESNILLO PLC | 674.8 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| JD SPORTS FASHION PLC | 734.8 | -2.6% |
| ASSOCIATED BRITISH FOODS PLC | 2165.0 | -1.8% |
| INFORMA PLC | 783.0 | -1.8% |
| COCA-COLA HBC AG-DI | 2546.0 | -1.7% |
| HARGREAVES LANSDOWN PLC | 1790.5 | -1.4% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,198 | 0.6% | -0.5% |
| DOW JONES INDUS. AVG | 26,478 | -0.4% | 0.0% |
| DAX INDEX | 12,097 | 0.7% | 1.3% |
| NIKKEI 225 | 21,607 | 1.1% | -9.2% |
| S&P/ASX 200 INDEX | 6,593 | 0.5% | 8.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 53.12 | 0.70% |
| Brent Crude (ICE) | USD/bbl. | 58.79 | 0.75% |
| Gold Spot | USD/t oz. | 1,491 | -0.2% |
| Copper (Comex) | USd/lb. | 260 | 0.8% |
Click graph to enlarge
UK 100 called to open +20 points at 7216; Calls for a positive open show further evidence of market resistance after Donald Trump’s administration overnight put eight Chinese tech firms on a blacklist, accusing them of being implicated in human rights violations against Muslim minorities in Xinjiang province. This latest move casts a cloud over trade talks this week scheduled for Thursday & Friday. In Asian trading sessions we saw risk on renter the markets with the Nikkei rising more than 1% during trading and the Hang Seng adding six tenths of a percent. This side of the pond Britain is bracing itself for the potential of Brexit talks collapsing after Jean Claude Juncker yesterday said to meet October 31st deadline a deal would need to be in place by this Friday, this brings into question, if a “worst case scenario” is already priced in? Overnight oil rose to break through the $59 per barrel level, with risk on sentiment far more prevalent it will be little surprise that gold has retraced to $1491.
Diploma announce that its Finance Director Nigel Lingwood will retire in October 2020.
EasyJet stated that FY 2019 profit would come in at the upper end of expectations (£420-430m) with revenues boosted by pilot strikes at rivals British Airways and Ryanair.
Ferrexpo production update, with pellet production +1.7%. Full year production likely to be in the range of 10.4MT – 10.6MT (previous guidance 10.6MT).
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Rio Tinto Upgraded to Buy by Renaissance Capital (Bloomberg: 11 buys/ 11 holds/ 8 sells)
Glencore Upgraded to Buy by Renaissance Capital (Bloomberg: 15 buys/ 12 holds/ 1 sells)
Polymetal Upgraded to Buy by Renaissance Capital (Bloomberg: 11 buys/ 7 holds/ 1 sells)
St James Place Upgraded to Buy by Deutsche Bank (Bloomberg: 16 buys/ 6 holds/ 0 sells)
SSP Upgraded to Buy by HSBC (Bloomberg: 7 buys/ 8 holds/ 1 sells)
German Industrial Production data
US PPI
Ferrexpo, Easyjet
Unilever, GVC Holdings,
Hargreaves Lansdown, Dunelm, Mondi, Man Group
(Full list available on Week in advance)
Barratt Developments – 5.8%
Centrica – 2.1%
Close Brothers Group – 3.2%
Weir Group – 1.2%
(Full list available on Week in advance)
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