| | | | | | | Bargain Blue Chips While many in the industry suggest that the stock market is 'overvalued', it may in fact represent the perfect time to consider stocks that are trading significantly below their 2017 highs. This report covers at 5 stocks that you should be looking at right now - covering the Oil, Banking, Pharmaceutical and Tobacco sectors. Losses can exceed deposits Download the report here | | |
| | London Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | London open: Stocks edge lower amid North Korea concerns London stocks edged lower in early trade on Tuesday amid growing tensions between the US and North Korea, as the pound continued to grain ground.
At 0840 BST, the FTSE 100 was down 0.2% to 7,289.08, as sterling rose 0.4% against the euro to 1.1406 and 0.2% versus the dollar to 1.3498.
"Part of the UK index's decline will stem from sterling's rise," said Spreadex analyst Connor Campbell, pointing out that the euro has taken a hit from the German election while the greenback is weakening on the back of US tensions with North Korea.
North Korea's foreign Minister Ri-Yong accused the US on Monday of declaring war on the country, a statement the White House later dismissed as "absurd".
In corporate news, the AA saw its shares slump even as it posted a 67% jump in first-half pre-tax profit, as it announced the appointment of former Expedia and Microsoft executive Simon Breakwell as its permanent chief executive.
United Utilities was a little weaker despite saying it expects to see higher first-half profit and revenue, while Card Factory tumbled after reporting a jump in first-half revenue and declaring a special dividend, but saying pre-tax profit declined 14% on the back of foreign exchange movements, the national living wage and investments.
RSA Insurance was also on the back foot after saying late on Monday that trading results in the third quarter to date have been positive, with the exception of the UK business segment, which was hit by weather events. In a very brief statement, the company said catastrophe losses from the US, Caribbean and Mexico will dent the September results in the maritime and international portfolios.
Merchant bank Close Brothers was under the cosh as it posted a rise in full-year pre-tax profit but warned that the longer-term economic outlook and impact of Brexit on its customers and wider markets remain uncertain.
Cobham was on trading lower after hiring Paul Kahn, a former chief executive of Airbus, as president of its communications and connectivity sector.
Events and publishing company Informa slipped after announcing the acquisition of Dove Medical Press, in a deal in which financials were not disclosed to the market.
On the upside, Thomas Cook edged higher after announcing another strategic tie-up and saying its full-year earnings outlook is unchanged.
Soft drinks maker AG Barr was a little firmer as posted a rise in interim revenue and said it was on track to meet its expectations for the year, although profit fell due higher cost inflation and brand investment.
In terms of broker action, advertising giant WPP was under pressure after a downgrade to 'equalweight' at Morgan Stanley, but Kaz Minerals was boosted by an upgrade to 'outperform' at BMO. |
| | Barclays Vs Lloyds - Which is a better Buy? | | Barclays and Lloyds are two of the UK’s most popular stocks.
But which is the better buy?
In this Complimentary Guide we explain in plain English what’s really going on at these key British Banks.
Find out:
Are Lloyds shares set to rocket?
Why Barclays has a ‘secret weapon’ that could unlock serious value
How do they compare in value and safety?
What you’re about to find out may surprise you…
Click here for your Complimentary Guide |
| Market Movers
FTSE 100 (UKX) 7,289.08 -0.17%
FTSE 250 (MCX) 19,482.67 -0.43%
techMARK (TASX) 3,440.17 -0.60%
FTSE 100 - Risers
Mediclinic International (MDC) 656.00p 1.63%
Antofagasta (ANTO) 918.50p 1.16%
NMC Health (NMC) 2,669.00p 0.91%
Glencore (GLEN) 347.10p 0.87%
Fresnillo (FRES) 1,448.00p 0.77%
Rio Tinto (RIO) 3,459.50p 0.68%
Anglo American (AAL) 1,295.50p 0.54%
Randgold Resources Ltd. (RRS) 7,530.00p 0.53%
Royal Dutch Shell 'B' (RDSB) 2,271.50p 0.53%
easyJet (EZJ) 1,186.00p 0.51%
FTSE 100 - Fallers
WPP (WPP) 1,395.00p -1.97%
Carnival (CCL) 4,647.00p -1.92%
TUI AG Reg Shs (DI) (TUI) 1,280.00p -1.84%
BAE Systems (BA.) 626.50p -1.42%
Smiths Group (SMIN) 1,509.00p -1.37%
Sage Group (SGE) 694.00p -1.35%
Coca-Cola HBC AG (CDI) (CCH) 2,494.00p -1.34%
Burberry Group (BRBY) 1,764.00p -1.01%
Mondi (MNDI) 2,010.00p -0.99%
Rolls-Royce Holdings (RR.) 875.00p -0.96%
FTSE 250 - Risers
Kaz Minerals (KAZ) 745.50p 4.85%
Vedanta Resources (VED) 837.50p 4.30%
Safestore Holdings (SAFE) 415.90p 3.69%
Tullow Oil (TLW) 197.00p 3.14%
Essentra (ESNT) 509.00p 1.86%
Millennium & Copthorne Hotels (MLC) 446.70p 1.78%
Petrofac Ltd. (PFC) 462.10p 1.65%
Cairn Energy (CNE) 194.80p 1.62%
Weir Group (WEIR) 1,887.00p 1.45%
TBC Bank Group (TBCG) 1,636.00p 1.05%
FTSE 250 - Fallers
Card Factory (CARD) 291.20p -17.97%
AA (AA.) 158.00p -5.78%
Close Brothers Group (CBG) 1,434.00p -5.60%
Just Group (JUST) 143.20p -4.41%
Moneysupermarket.com Group (MONY) 310.30p -2.45%
PayPoint (PAY) 909.50p -2.26%
ZPG Plc (ZPG) 354.30p -1.91%
Meggitt (MGGT) 499.10p -1.75%
Just Eat (JE.) 676.50p -1.74% |
| | Market Analysis 26/09/2017 Today's highlights: Markets dragged down by geopolitical pressure - US-North Korea tension drag Wall Street down: As the aggressive dialogue between both countries continues, the Dow Jones, S&P 500 and Nasdaq all finished lower yesterday.
- Facebook falls 4.5%: The social network suffered its worst day in 6 weeks, as investors were startled by Founder and CEO Mark Zuckerberg’s plan to sell between 35 and 75 million shares. The drop in FB share price contributed to losses seen in US indices yesterday.
Read More... |
| | UK Event Calendar | | Tuesday September 26
INTERIMS
Altitude Group, Barr (A.G.), Card Factory, e-Therapeutics, Ebiquity, Faroe Petroleum, GYG, Horizon Discovery Group, Inspiration Healthcare Group , Instem, Mi-Pay Group, Minds + Machines Group Limited (DI), Mortgage Advice Bureau (Holdings) , Moss Bros Group, Personal Group Holdings, Premier Technical Services Group , Public Power GDR SA (Reg S), S&U, Taptica International (DI), Time Out Group, Universe Group
INTERIM DIVIDEND PAYMENT DATE
Foxtons Group , Mincon Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
New Homes Sales (US) (15:00)
U. of Michigan Confidence (US) (15:00)
FINALS
Animalcare Group, Close Brothers Group, Mysale Group, Netcall, Transense Technologies, Zinc Media Group
AGMS
Arcontech Group, Galileo Resources, Great Eastern Energy Corp Ltd. GDR, Kromek Group, MediaZest, Meikles Ltd., Scientific Digital Imaging, Vitesse Media
TRADING ANNOUNCEMENTS
Thomas Cook Group, United Utilities Group
FINAL DIVIDEND PAYMENT DATE
Accrol Group Holdings, BHP Billiton, Glencore |
| | 
Top of the stocks Number of Deals Bought Number of Deals Sold |
| | US Market Report | | US close: Stocks lower as investors digest Fed rhetoric US stocks finished lower on Monday, as investors looked ahead to speeches from various Federal Reserve policymakers and digested the German election results over the weekend.
The Dow Jones Industrial Average finished down 0.24% at 22,296.09, while the S&P 500 was off 0.22% at 2,496.66 and the Nasdaq 100 ended 1.1% lower at 5,867.35.
Weakness in the euro was on the back of news at the weekend that Angela Merkel had secured a fourth term as German chancellor but with the tricky task of setting up a coalition.
Merkel's conservative bloc saw its worst result in nearly 70 years, taking 33% of the vote as anti-immigration Alternative for Germany (AfD) took 12.6% of the vote.
Also putting a bid into the greenback, speaking earlier in the session New York Fed chief William Dudley reiterated the Federal Reserve's long-standing stance that the factors bearing down on inflation were temporary and idiosyncratic in nature.
Over the medium-term, inflation would stabilise around the central bank's 2% target, he said.
Pushing energy quotes higher, some analysts were referencing hopes that the Organisation of Petroleum Exporting Countries might extend and perhaps even deepen its existing production curbs.
"The euro has taken a hit against the dollar and that trend looks likely to continue while Merkel pieces together a coalition," said said Dennis De Jong, managing director at UFX.com.
"It appears that the Chancellor will be forced into bed with the Greens and the Free Democrats (FDP).
"While the Greens present no obvious threat to the political and economic stability of Europe, the FDP's known opposition to French leader Emmanuel Macron could be a fork in the road for Franco-German relations,".
In corporate news, US-listed shares of Unilever were in focus, falling 00.19% after the consumer goods giant agreed to buy South Korean skincare business Carver Korea for €2.27bn.
Allergan was also making headlines, rising 3.38% after announcing its intention to carry out a $2bn share buyback programme.
Shares in Genuine Parts Co. were on the front foot, finishing 5.96% higher after disclosing an agreement to purchase Alliance Automotive Group for $2bn.
General Electric was also active, adding 0.97% after agreeing to sell its industrial solution unit to Switzerland's ABB for $2.6bn.
Dow Jones - Risers
Exxon Mobil Corp. (XOM) $80.98 1.33%
Cisco Systems Inc. (CSCO) $33.72 1.05%
Walt Disney Co. (DIS) $99.57 0.98%
General Electric Co. (GE) $25.11 0.97%
Home Depot Inc. (HD) $161.15 0.71%
Chevron Corp. (CVX) $117.99 0.60%
Procter & Gamble Co. (PG) $92.72 0.52%
Travelers Company Inc. (TRV) $122.67 0.52%
International Business Machines Corp. (IBM) $145.88 0.51%
Coca-Cola Co. (KO) $45.69 0.44%
Dow Jones - Fallers
Visa Inc. (V) $103.00 -2.41%
McDonald's Corp. (MCD) $156.24 -1.67%
Microsoft Corp. (MSFT) $73.26 -1.55%
Pfizer Inc. (PFE) $35.51 -1.25%
Apple Inc. (AAPL) $150.55 -0.88%
Boeing Co. (BA) $254.24 -0.83%
JP Morgan Chase & Co. (JPM) $94.12 -0.75%
Unitedhealth Group Inc. (UNH) $191.75 -0.66%
United Technologies Corp. (UTX) $114.29 -0.63%
Wal-Mart Stores Inc. (WMT) $79.15 -0.48%
S&P 500 - Risers
Diamond Offshore Drilling Inc. (DO) $14.47 9.04%
Transocean Ltd. (RIG) $10.03 7.62%
Genuine Parts Co. (GPC) $93.22 5.96%
CenturyLink Inc. (CTL) $19.34 4.31%
Frontier Communications Co. (FTR) $12.28 3.98%
Helmerich & Payne Inc. (HP) $52.94 3.78%
Hess Corp. (HES) $46.09 3.60%
Chesapeake Energy Corp. (CHK) $4.36 3.55%
Apache Corp. (APA) $45.04 3.42%
Allergan plc (AGN) $211.62 3.40%
S&P 500 - Fallers
First Solar Inc. (FSLR) $46.88 -8.81%
Quest Diagnostics (DGX) $94.57 -7.38%
TripAdvisor Inc. (TRIP) $41.22 -7.08%
Tenet Healthcare Corp. (THC) $15.39 -5.70%
Total System Services Inc. (TSS) $65.64 -4.97%
Netflix Inc. (NFLX) $178.55 -4.70%
Facebook Inc. (FB) $162.87 -4.50%
Nvidia Corp. (NVDA) $171.00 -4.47%
FMC Corp. (FMC) $86.02 -4.38%
Lam Research Corp. (LRCX) $170.17 -3.71%
Nasdaq 100 - Risers
Ross Stores Inc. (ROST) $62.86 3.24%
Tractor Supply Company (TSCO) $62.84 2.81%
O'Reilly Automotive Inc. (ORLY) $215.15 2.65%
Liberty Interactive Corporation QVC Group (QVCA) $24.12 1.52%
Dish Network Corp. (DISH) $54.00 1.39%
American Airlines Group (AAL) $47.70 1.36%
Mattel Inc. (MAT) $14.71 1.31%
Regeneron Pharmaceuticals Inc. (REGN) $438.15 1.25%
Kraft Heinz Co. (KHC) $78.42 1.16%
Mondelez International Inc. (MDLZ) $40.50 1.12%
Nasdaq 100 - Fallers
Netflix Inc. (NFLX) $178.55 -4.70%
Facebook Inc. (FB) $162.87 -4.50%
Nvidia Corp. (NVDA) $171.00 -4.47%
Lam Research Corp. (LRCX) $170.17 -3.71%
Electronic Arts Inc. (EA) $114.20 -3.63%
JD.com, Inc. (JD) $40.93 -3.40%
Skyworks Solutions Inc. (SWKS) $99.59 -3.39%
Micron Technology Inc. (MU) $34.87 -3.33%
Mercadolibre Inc. (MELI) $270.22 -3.31% |
| | Newspaper Round Up | | Tuesday newspaper round-up: Brexit talks, PFIs, ARM, easyJet The Brexit secretary, David Davis, and the EU's chief negotiator, Michel Barnier, have clashed over the UK's exit bill and Britain's request for a transition period after Theresa May's speech in Florence last week failed to unlock the stalemate in negotiations. On the first day of the fourth round of talks, Barnier said the prime minister's €20bn (£17.6bn) offer did not mean the UK would be given a transition period or that negotiations could move on to the detail of a future trading relationship. - Guardian
Political deadlock in Germany is likely to delay the start of Brexit trade talks for several months, senior ministers fear. Downing Street had hoped for Theresa May's concessions last week to "unlock" negotiations in Brussels and allow talks on a transition deal and a future relationship to begin after a meeting of European leaders next month. - The Times
Labour has pledged to seize control of up to £200 billion of contracts running schools, hospitals and prisons in an expansion of nationalisation plans that business leaders warned would send investors "running for the hills". John McDonnell, the shadow chancellor, delighted party activists and union leaders yesterday with a promise to "bring back in-house" assets built and maintained under the private finance initiative (PFI). - The Times
The microchip designer ARM is attempting to position itself as a white knight ready to save its struggling rival Imagination if a Chinese takeover is blocked. The Cambridge giant, acquired by Japan's SoftBank in a £24bn swoop last year, is understood to be circling the controversial sale in the hope of snatching a bargain. - Telegraph
Low-cost airline easyJet appears to have beaten its rivals IN snapping up parts of the insolvent European carrier Air Berlin. The Luton-based airline will enter into discussions with the German carrier to snap up some of its fleet with Lufthansa set to taking control of the company and two subsidiaries of Air Berlin - Luftverkehrsgesellschaft Walter (LGW), a Dortmund-based airline, and the Austrian holiday airline NIKI. - Telegraph
The sixth mass extinction of global wildlife already under way is seriously threatening the world's food supplies, according to experts. "Huge proportions of the plant and animal species that form the foundation of our food supply are just as endangered [as wildlife] and are getting almost no attention," said Ann Tutwiler, director general of Bioversity International, a research group that published a new report on Tuesday. - Guardian
Britain was accused last night of "cooking the books" on defence spending to meet a Nato target even as the cash-strapped armed forces was being over-stretched. Johnny Mercer, a Tory member of the defence select committee, said it was only within the MoD that people believed that a 2 per cent minimum of GDP was being spent on defence. - The Times
The UK has set a new landmark for clean energy after the National Grid announced that the electricity powering the UK's homes and businesses this summer was the greenest ever. The record comes as the first subsidy-free large solar power project opens in the UK, in what the government described as a significant moment for the energy sector. - Guardian
Britain's first solar farm to operate without a direct subsidy opens today and is expected to generate enough power for 2,500 homes. Clayhill solar farm contains 31,000 ground-mounted panels and occupies 45 acres of farmland previously used to grow wheat and rapeseed near Flitwick in Bedfordshire. - The Times
Apple confirmed that its smart assistant Siri will now use Google rather than Bing for searches, in a sign of increasing integration between the two tech giants. Customers searching on Apple's Safari browser across its Mac, iPad and iPhone portfolio already received Google search results, and investment firm Bernstein has estimated Google currently pays around $3bn (£2.2bn) for this deal, based on the fact Google paid around $1bn for the same deal in 2014. - Telegraph | | | | 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