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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
POLYMETAL INTERNATIONAL PLC | 1,175.0 | 2.8% |
FRESNILLO PLC | 688.8 | 2.1% |
COCA-COLA HBC AG-DI | 2,573.0 | 1.1% |
SMURFIT KAPPA GROUP PLC | 2,444.0 | 0.8% |
PHOENIX GROUP HOLDINGS PLC | 664.2 | 0.8% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
LONDON STOCK EXCHANGE GROUP | 7020.0 | -5.8% |
WHITBREAD PLC | 3988.0 | -3.9% |
FLUTTER ENTERTAINMENT PLC | 7876.0 | -3.5% |
TESCO PLC | 229.8 | -3.0% |
NMC HEALTH PLC | 2495.0 | -3.0% |
Major World Indices | Price | % Chg | 1 Year |
UK 100 INDEX | 7,143 | -0.8% | -1.3% |
DOW JONES INDUS. AVG | 26,164 | -1.2% | -1.0% |
DAX INDEX | 11,970 | -1.1% | -0.1% |
NIKKEI 225 | 21,456 | -0.6% | -8.7% |
S&P/ASX 200 INDEX | 6,547 | -0.7% | 8.4% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 52.49 | -0.27% |
Brent Crude (ICE) | USD/bbl. | 58.10 | -0.24% |
Gold Spot | USD/t oz. | 1,506 | 0.0% |
Copper (Comex) | USd/lb. | 258 | 0.3% |
UK 100 called to open +20 points at 7165; this comes after the UK blue chip index rebounded from overnight lows of 7130 as global geopolitical tension mounted once more. The tit-for-tat cycle dampening U.S.-China relations kept spinning ahead of trade talks. The U.S. put visa bans on Chinese officials linked to the detention of Muslims in Xinjiang province, and Beijing countered with the inevitable outrage. This lead to a more muted Asian trading session seeing the Nikkei fall by almost seven tenths of a percent (.68%) during trading. During US sessions we saw the Dow Jones give up more than 1% again, further evidence of the impact of the trade war on investor sentiment. Overnight oil slipped back (Albeit just half a dollar) to $58.5 per barrel. Whilst gold held steady at $1507.
GVC Holdings have raised their full-year core earnings forecast for the second time this year, as betting shops proved resilient despite tighter regulation and online gambling rose. They now expect FY 2019 earnings to be in the range of £670-680m.
Kingfisher announces the appointment of Bernard Bot as Chief Financial Officer effective from 21st October.
Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
HSBC Downgraded to Underweight by Morgan Stanley (Bloomberg: 5 buys/ 13 holds/ 11 sells)
Page Group Downgraded to Hold by Numis (Bloomberg: 6 buys/ 7 holds/ 0 sells)
US FOMC Meeting Minutes
US 10 Year bond auction
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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