| | | | | The Top 10 Stocks for Q4 | | Your guide to the best investments for the new quarter
Our latest Top 10 Stocks report takes a look at a fresh selection of blue chips that have the potential to offer exciting trading opportunities for the new quarter and into year-end.
Get your copy of this report and discover our top picks for the quarter.
Losses can exceed deposits | | |
| | London Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | London open: Stocks in the red ahead of ECB decision London stocks were on the back foot on Thursday ahead of the European Central Bank's policy decision and a slate of economic data.
Economists anticipate the ECB will keep interest rates, the deposit facility and the marginal lending facility unchanged at 0.05%, -0.20% and 0.30%, respectively.
While there are expected to be no surprise changes at the policy announcement, the market will be focused on whether ECB president Mario Draghi signals further stimulus at his press conference following the bank's governing council meeting.
Draghi is likely to provide an update on the €60bn-a-month asset-purchase programme amid speculation the ECB will extend it past September 2016 to address prolonged low inflation, a stagnant Eurozone recovery and risks from slowing emerging markets.
"Given that we're almost a year on from its decision to start buying €60bn of mostly government bonds each month, there doesn't seem to be much of an argument to hold off on easing further but that fact has never forced them into action before so it's unlikely to now," said Craig Erlam, senior market analyst at Oanda.
The Eurozone will also see the release of consumer confidence data at 1500 BST which is expected to show a decline in October to -7.4 from -7.1 the prior month.
Closer to home, UK retail sales at 0930 BST are expected to show a 4.7% increase in September compared to the same month a year ago, following a 3.5% increase in August.
Stateside, reports in the afternoon will include initial jobless claims, the house price index and existing home sales.
Company-wise, Travis Perkins slumped after the housebuilder warned that full-year EBITA will now be at the lower end of market expectations due to recent sector weakness.
Anglo American declined after saying it was postponing major project decisions at its platinum unit until at least 2017 and had cut diamond production due to soft demand.
Foxtons dropped after saying transactions in central London remained at a low level following recent strong price growth and stamp duty changes.
Debenhams gained after posting growth in annual pre-tax profit thanks to solid progress made against its strategic targets. |
| | The Top 10 Stocks for Q4 | | Your guide to the best investments for the new quarter
Towards the end of September, we've seen markets rally as buyers return to pick up some nicely discounted shares while inflation concerns look to be pushing a US interest rate rise further into the future. Our latest Top 10 Stocks report takes a look at a fresh selection of blue chips that have the potential to offer exciting trading opportunities for the new quarter and into year-end.
Download your copy of this report and discover our top picks for the quarter.
Losses can exceed deposits |
| Market Movers
FTSE 100 (UKX) 6,340.48 -0.13%
FTSE 250 (MCX) 16,953.96 -0.49%
techMARK (TASX) 3,035.44 0.13%
FTSE 100 - Risers
Ashtead Group (AHT) 980.50p 3.21%
Vodafone Group (VOD) 210.50p 1.18%
Admiral Group (ADM) 1,625.00p 1.06%
Royal Mail (RMG) 446.60p 1.04%
Shire Plc (SHP) 4,497.00p 0.78%
Imperial Tobacco Group (IMT) 3,527.00p 0.71%
GKN (GKN) 279.80p 0.68%
AstraZeneca (AZN) 3,973.00p 0.66%
Marks & Spencer Group (MKS) 496.60p 0.63%
GlaxoSmithKline (GSK) 1,329.50p 0.57%
FTSE 100 - Fallers
Travis Perkins (TPK) 1,820.00p -7.28%
Anglo American (AAL) 583.20p -3.54%
Smiths Group (SMIN) 980.50p -3.02%
Wolseley (WOS) 3,705.00p -2.55%
Pearson (PSON) 974.00p -2.45%
Kingfisher (KGF) 357.60p -2.40%
BAE Systems (BA.) 443.10p -2.21%
Rolls-Royce Holdings (RR.) 671.50p -1.47%
HSBC Holdings (HSBA) 506.40p -1.25%
ARM Holdings (ARM) 1,015.00p -1.07%
FTSE 250 - Risers
Ladbrokes (LAD) 105.20p 4.06%
Debenhams (DEB) 84.15p 3.70%
Inchcape (INCH) 790.50p 3.40%
Zoopla Property Group (WI) (ZPLA) 241.60p 3.12%
Evraz (EVR) 83.80p 1.15%
Riverstone Energy Limited (RSE) 852.00p 1.07%
Centamin (DI) (CEY) 68.45p 0.96%
SEGRO (SGRO) 445.50p 0.79%
Hunting (HTG) 397.00p 0.79%
Shawbrook Group (SHAW) 330.30p 0.73%
FTSE 250 - Fallers
SIG (SHI) 140.00p -21.57%
Foxtons Group (FOXT) 208.10p -6.05%
Grafton Group Units (GFTU) 650.00p -5.87%
Marshalls (MSLH) 317.70p -5.16%
Senior (SNR) 248.00p -4.98%
Home Retail Group (HOME) 121.00p -3.97%
Howden Joinery Group (HWDN) 452.00p -3.85%
Galliford Try (GFRD) 1,504.00p -3.71%
Tullett Prebon (TLPR) 340.70p -3.57% |
| | UK Event Calendar | | Thursday 22 October
INTERIMS
Lombard Risk Management, Stobart Group Ltd.
INTERIM DIVIDEND PAYMENT DATE
Aquatic Foods Group , Derwent London, Netplay TV, Premier Farnell
INTERIM EX-DIVIDEND DATE
BAE Systems, Capita, Cello Group, Hansteen Holdings, Harvey Nash Group, Howden Joinery Group, InterQuest Group, Intu Properties, Marshalls, Menzies(John), ProVen Growth & Income VCT, ProVen VCT, Rolls-Royce Holdings, Rotala, Senior, Tullett Prebon, Walker Greenbank, William Hill
QUARTERLY PAYMENT DATE
Fair Oaks Income Fund Limited
QUARTERLY EX-DIVIDEND DATE
Assura , City of London Inv Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Confidence Indicator (EU) (10:00)
Continuing Claims (US) (13:30)
ECB Interest Rate (EU) (12:45)
Existing Home Sales (US) (15:00)
Initial Jobless Claims (US) (13:30)
Leading Indicators (US) (15:00)
GMS
Belvoir Lettings
IMSS
Inchcape, Ladbrokes, Phoenix Group Holdings (DI), SEGRO, Travis Perkins
SPECIAL EX-DIVIDEND PAYMENT DATE
S&U, TR European Growth Trust
EGMS
FBD Holdings, Griffin Mining Ltd., Ryanair Holdings
AGMS
Argos Resources Ltd. (DI), Ashmore Group, BHP Billiton, Castleton Technology, Go-Ahead Group, Monitise, PME African Infrastructure Opportunities, Standard Life UK Smaller Companies Trust
TRADING ANNOUNCEMENTS
Mail.ru Group Ltd GDR (Reg S)
UK ECONOMIC ANNOUNCEMENTS
Internet Retail Sales (09:30)
Retail Sales (09:30)
FINAL DIVIDEND PAYMENT DATE
Oxford Instruments
FINAL EX-DIVIDEND DATE
Animalcare Group, Bailey (C.H.), Darty, Edge Performance VCT 'I' Shares, Edge Performance VCT G Shares, Galliford Try, ISG, JPMorgan Emerging Markets Inv Trust, Penna Consulting, Ricardo, Sky, Smiths Group, Thorpe (F.W.), TR European Growth Trust, Wetherspoon (J.D.), Wilmington , Wolseley
|
| | Trade and earn the latest iPad | | Open a spread betting account with Spreadex and receive an iPad mini 4 16GB Wi-Fi when you place either: - £330 of Wall St, Daily trades
- £330 of Spot, GBP/USD trades
- £660 of UK 100, Daily trades
- £660 of Spot EUR/USD trades
Or any combination of the above (e.g. £165 of Wall St, Daily trades and £330 of UK 100, Daily trades). Trades must be placed within 28 days of opening your account. See the full terms and conditions here. Or if you prefer betting on sport you can earn an iPad mini 4 by placing sports spread bets on nominated sports markets. Trade Up.
The Spreadex Team |
| | Europe Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  | | | | | | Europe open: Stocks little changed as investors eye ECB rate announcement European stocks were little changed in early trade on Thursday as investors sifted through an avalanche of earnings ahead of the European Central Bank's policy announcement.
At 0840 BST, the benchmark Stoxx Europe 600 index was up 0.1%, Germany's DAX was 0.2% higher and France's CAC was flat.
Deutsche Bank strategist Jim Reid was not expecting any fireworks from Malta but predicted some important messages from ECB president Mario Draghi: "Today's meeting will likely be relatively uneventful given the recent stability in markets and the 'ok' data in the euro area including this week's ECB bank lending survey.
"The house view is that the ECB will announce a six-month extension to QE at the December 3 meeting with a deposit rate cut not ruled out. As we discussed earlier in the week our economists think Mario Draghi has a communications challenge today. He will want to reiterate the dovish message of an ECB 'ready, willing and capable' of action. At the same time, the ECB does not want the market pricing a policy outcome that is not justified by what they see as current fundamentals."
The European Central Bank rate announcement is at 1245 BST.
On the corporate front, Danish enzyme maker Novozymes rose after its third-quarter earnings came in a touch higher than consensus expectations.
Shares in Eurotunnel advanced as it posted a jump in third-quarter revenue despite pressure from the migrant crisis.
Orange rallied after the French telecoms operator reported a 3% rise in third=quarter revenue.
Spirits maker Pernod Ricard gained after it said sales in the third quarter were up 3% on last year.
Akzo Nobel was higher after the Dutch paint and chemicals maker posted a 39% increase in third-quarter net profit.
Swiss pharmaceutical company Roche pushed up after lifting its full-year outlook and reporting a rise in third-quarter sales.
On the downside, French advertising group Publicis fell into the red as it cut its full-year sales outlook. |
| | Will you have enough to retire? | | If you have a £250,000 portfolio, download the guide for retirees written by Forbes columnist and money manager Ken Fisher's firm. Even if you have something else in place, this must-read guide includes research and analysis you can use right now. Don't miss it! |
| | US Market Report | | US close: Stocks end in the red amid deluge of earnings US stocks ended in the red on Wednesday as investors waded through a deluge of mixed earnings.
The Dow Jones Industrial Average closed down 0.3%, the S&P 500 ended 0.6% weaker and the Nasdaq fell 0.8%.
Boeing and GM impress, Coca-Cola slides
Aetna, Humana, Anthem and Cigna were on the back foot after Democratic presidential candidate Hillary Clinton said she had "serious concerns" about the mergers the health insurers were proposing.
Drug company Valeant tumbled after short-selling firm Citron Research alleged that it was shipping products to its own subsidiary and then falsely claiming the revenue.
Coca-Cola slid after its third-quarter revenues fell more than expected due to adverse currency movements.
Yahoo! declined after revealing late on Tuesday that its third-quarter sales fell 8% and saying its revenue could suffer from a weak holiday period.
Chipotle Mexican Grill ended lower after reporting weaker-than-expected profit late on Tuesday, as sales growth continued to slow in the third quarter.
On the upside, KLA-Tencor Corp rocketed after Lam Research Corp said it plans to buy the provider of semiconductor equipment in a $10.6bn deal.
Boeing climbed after the aerospace company raised its outlook for the full year following better-than-expected quarterly profits, while oil field services giant Baker Hughes ended up despite a 39% drop in quarterly revenue on weaker oil prices.
Auto maker General Motors rallied after its third-quarter profit and revenue beat expectations.
Biogen surged after lifting its outlook for 2015 as profit rose 25%. However, the biopharmaceutical giant unveiled plans to cut its workforce by 11%, adding that its multiple sclerosis drug trial was unsuccessful.
"So far earnings at America's top 500 companies have mostly exceeded estimates but revenues are falling short because of weak growth and a strong dollar," said CMC Markets analyst Jasper Lawler.
On the data front, the Mortgage Bankers Association (MBA) said its seasonally adjusted index of application activity, which covers home purchase demand and refinancing demand, jumped 11.8% in the week ended 16 October.
Elsewhere, oil prices fell, with West Texas Intermediate down 2.3% to $45.24 a barrel and Brent crude off 1.7% to $48.87 a barrel.
The dollar was 0.2% higher against the pound, 0.1% firmer against the euro and flat against the yen, while gold futures declined 0.9% to $1,167.00.
S&P 500 - Risers
KLA-Tencor Corp. (KLAC) $63.99 +18.81%
Intuitive Surgical Inc. (ISRG) $499.41 +5.58%
Biogen Inc (BIIB) $276.26 +3.93%
Baxter International Inc. (BAX) $35.59 +3.88%
Keurig Green Mountain Inc (GMCR) $54.61 +3.15%
Target Corp. (TGT) $76.42 +2.72%
United Technologies Corp. (UTX) $98.06 +2.55%
Baker Hughes Inc. (BHI) $54.37 +2.26%
Analog Devices Inc. (ADI) $61.76 +2.25%
Ace Ltd. (ACE) $113.54 +2.24%
S&P 500 - Fallers
Allegheny Technologies Inc. (ATI) $13.61 -9.27%
St Jude Medical Inc. (STJ) $62.30 -8.86%
Range Resources Corp. (RRC) $33.30 -7.19%
CONSOL Energy Inc. (CNX) $9.65 -6.58%
EMC Corp. (EMC) $25.77 -6.26%
Chipotle Mexican Grill Inc. (CMG) $665.67 -5.66%
Amphenol Corp. (APH) $50.45 -5.54%
Citrix Systems Inc. (CTXS) $71.97 -5.20%
Southwestern Energy Co. (SWN) $12.41 -5.19%
Yahoo! Inc. (YHOO) $31.13 -5.18%
Dow Jones I.A - Risers
United Technologies Corp. (UTX) $98.06 +2.55%
Boeing Co. (BA) $141.28 +1.73%
Travelers Company Inc. (TRV) $110.70 +1.61%
3M Co. (MMM) $149.84 +0.49%
Home Depot Inc. (HD) $123.32 +0.38%
Merck & Co. Inc. (MRK) $50.58 +0.38%
General Electric Co. (GE) $28.87 +0.31%
International Business Machines Corp. (IBM) $140.98 +0.24%
Walt Disney Co. (DIS) $110.10 +0.23%
E.I. du Pont de Nemours and Co. (DD) $57.28 +0.14%
Dow Jones I.A - Fallers
Goldman Sachs Group Inc. (GS) $179.79 -3.08%
Unitedhealth Group Inc. (UNH) $118.13 -1.90%
Pfizer Inc. (PFE) $33.45 -1.62%
McDonald's Corp. (MCD) $102.49 -1.30%
Microsoft Corp. (MSFT) $47.20 -1.19%
Procter & Gamble Co. (PG) $73.58 -1.14%
Visa Inc. (V) $75.42 -1.13%
Caterpillar Inc. (CAT) $69.63 -0.91%
Verizon Communications Inc. (VZ) $44.86 -0.84%
Chevron Corp. (CVX) $89.26 -0.81%
Nasdaq 100 - Risers
KLA-Tencor Corp. (KLAC) $63.99 +18.81%
Intuitive Surgical Inc. (ISRG) $499.41 +5.58%
Biogen Inc (BIIB) $276.26 +3.93%
Keurig Green Mountain Inc (GMCR) $54.61 +3.15%
Analog Devices Inc. (ADI) $61.76 +2.25%
Sandisk Corp. (SNDK) $76.79 +2.13%
Garmin Ltd. (GRMN) $34.09 +1.10%
Alexion Pharmaceuticals Inc. (ALXN) $160.25 +0.77%
Regeneron Pharmaceuticals Inc. (REGN) $518.53 +0.75%
Staples Inc. (SPLS) $12.58 +0.72%
Nasdaq 100 - Fallers
Vimpelcom Ltd Ads (VIP) $3.76 -6.93%
Charter Communications Inc. (CHTR) $175.29 -5.54%
Citrix Systems Inc. (CTXS) $71.97 -5.20%
Yahoo! Inc. (YHOO) $31.13 -5.18%
Western Digital Corp. (WDC) $71.41 -4.61%
Micron Technology Inc. (MU) $16.42 -3.92%
Mylan Inc. (MYL) $40.92 -3.82%
Wynn Resorts Ltd. (WYNN) $64.47 -3.66%
Seagate Technology Plc (STX) $37.13 -3.61%
Illumina Inc. (ILMN) $140.21 -3.37% |
| | PROVEN Trading Strategy - Made 7478 pips in 2014 and 5176 by April 2015. | | Earn a tax free income trading, from just 20 minutes a day. Our simple to follow, rules based trading strategy will tell you exactly when to buy and sell with confidence.
Register for a FREE brochure and trading guide, Click Here. |
| | Newspaper Round Up | | Thursday newspaper round-up: CMA bank report, Carney speech, Xi's visit The European Union has made Britain richer, more successful and more dynamic, the governor of the Bank of England said last night. In a major intervention before the planned in/out referendum, Mark Carney put pressure on David Cameron to use his renegotiation of Britain's membership of the EU to find a way of stopping eurozone countries ganging up on the UK. - The Times
Britain's financial stability could be threatened by closer eurozone integration unless the UK secures safeguards from Brussels that protect the interests of non-members, the Governor of the Bank of England has warned. Mark Carney said membership of the European Union had helped to lift UK growth and living standards, while enhancing Britain's flexible jobs market and "dynamism". - The Telegraph
Mark Carney, the governor of the Bank of England, has said that EU membership opened up the UK economy and made it more dynamic, but also left it more exposed to financial shocks. In an intervention likely to be seen as strengthening David Cameron's hand as he prepares to enter negotiations with Britain's EU partners, Carney challenged the prime minister to demand "clear principles" to safeguard Britain's interests outside the euro, as he warned that botched European integration could threaten financial stability. - The Guardian
President Xi insisted yesterday that there would be "no hard landing" for the Chinese economy as British businesses signed deals with the country worth £40bn, including Carnival Corporation's cruise joint venture and Rolls-Royce's $2.4bn multi-carrier engine supply and maintenance contract. As the participation of China in the British nuclear industry was sealed with a deal worth an estimated £6bn, Xi used a speech to the China-UK Business Summit to brush aside concerns over the world's second-largest economy that have rocked commodity and stock markets around the world in recent months. - The Times
CMA banking report
Banks that raise charges or cut interest rates will be forced to help customers to shop around for a better deal under sweeping proposals unveiled today. Serious IT glitches, branch closures and major disputes with customers will also act as triggers forcing banks to tell savers that they could benefit by switching accounts. A report by the Competition and Markets Authority outlines the shake-up, which is designed to improve consumer choice and boost competition in the sector. - The Times
Britain's biggest banks will not be broken up by the regulators, the competition authorities are expected to say, arguing it would do little to encourage customers to shop around. The idea of splitting up the giant lenders was favoured by Labour's ex-leader Ed Miliband, but that plan now appears to be gone for good. Free banking is also here to stay, with the Competition and Markets Authority expected to say that forcing banks to charge customers a fee for a service they currently do not pay for directly would not be beneficial, pushing banks to make it easier for customers to switch providers, and to advertise the seven-day switching service more enthusiastically. - The Telegraph |
| | We're top of our league | | Enjoy champion support when you invest with The Share Centre. Capital at risk Find out more share.com/supporters | | |
New ADVFN Service - FREE Reports Get your free report on Isa's, Investment Trusts, Funds,
Sipps Travel and Cars - FREE and Easy service CLICK HERE
To advertise in the Euro Markets Bulletin please contact advertise@advfn.com |
| | | | | | | To unsubscribe from this news bulletin or edit your mailing list settings click here. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +44 (0) 207 0700 961. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49 | |
No comments:
Post a Comment