| | | | | | | Prime Centrum Specialists in UK Residential Property Investment with High Income
68% Return on Investment with UK Buy-to-Let Property Invest From £119,950
7% NET income Assured for 3 Years
15% Discount Below Market Comparables Request More Information | | |
| | London Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | London open: Stocks flat as investors sift through corporate news; Draghi eyed London stocks were steady in early trade on Thursday as investors sifted through corporate news and eyed a later announcement from the European Central Bank and ensuing press conference with Mario Draghi. At 0830 BST, the FTSE was flat at 7,446.27, while the pound was down 0.2% against the euro at 1.1200 and 0.1% weaker versus the dollar at 1.3245. Spreadex analyst Connor Campbell said: ?After focusing on the pound and November?s prospective BoE rate hike, the markets turn their attention to a different currency and central bank pairing this Thursday. ?It?s the euro?s turn in the spotlight, with a potentially crucial ECB meeting on the cards this afternoon. Analysts are expecting Mario Draghi and his colleagues to announce the next stage of their QE tapering programme; one potential scenario is that the bond buying continues until at least September 2018, but at ?20bn or ?30bn a month rather than the current ?60bn (which itself is down from ?80bn at the start of the year).? The ECB rate announcement is at 1245 BST, with the press conference at 1330 BST. On the UK data front, the CBI distributive trades survey is at 1100 BST. In corporate news, Barclays slumped after third-quarter profits came in lower than expected as its investment banking business faced difficult markets, which was only partly offset by an improvement in the UK bank and the consumer credit arm. Rare disease specialist Shire nudged down as it announced that the European Commission has approved a label extension granting a new indication for FIRAZYR (icatibant injection), broadening its use to adolescents and children aged two years and older, with hereditary angioedema (HAE) caused by C1-esterase-inhibitor (C1-INH) deficiency. Fidessa was in the red after saying that constant currency revenue growth for 2017 is likely to be around the levels as the previous year, and that it is well placed to benefit from the opportunities that will arise in the market as a result of regulatory and structural change. Car dealership Inchcape was on the back foot despite posting a 15% rise in third-quarter revenue. Redefine fell after it posted a rise in its full-year profit but a drop in its dividend, while Barratt Developments, Ferguson, Galliford Try, ITV and William Hill were all weaker as their stock went ex-dividend. On the upside, information and analytics company Relx edged higher after it reported continued underlying revenue growth in the first nine months of 2017 and reaffirmed its outlook for the full year. Consumer goods giant Unilever racked up gains after saying its offer to buy back the bulk of its Dutch preference shares for around ?450m had been declared unconditional. National Express advanced as it lifted pre-tax profit 12% in the third quarter, while Bodycote rallied as it reported a 17% jump in third-quarter revenue and reaffirmed its outlook for the year. Kaz Minerals rose after lifting its copper and gold guidance, while Acacia Mining was higher after Barrick Gold said it will work with the government of Tanzania to find a way for a gold export ban to be lifted on its Acacia unit. Sirius Minerals was top of the FTSE 250 as it announced an offtake agreement for its future fertiliser output. |
| | The Top 10 Stocks for Q4 | | Our latest quarterly stocks report analyses the top and bottom 10 FTSE 100 performers of 2017 so far and looks at our Top Ten Stock Picks for Q4 including City broker consensus and their average target price for each stock. Losses can exceed deposits Download the report here |
| | Market Movers FTSE 100 (UKX) 7,446.27 -0.01%
FTSE 250 (MCX) 20,059.53 -0.07%
techMARK (TASX) 3,492.82 -0.26% FTSE 100 - Risers Rio Tinto (RIO) 3,537.50p 1.17%
Unilever (ULVR) 4,129.50p 1.00%
Vodafone Group (VOD) 215.65p 0.96%
British American Tobacco (BATS) 4,878.50p 0.72%
Antofagasta (ANTO) 993.00p 0.71%
Randgold Resources Ltd. (RRS) 7,380.00p 0.68%
CRH (CRH) 2,819.00p 0.68%
Anglo American (AAL) 1,424.50p 0.67%
Intertek Group (ITRK) 5,260.00p 0.67%
DCC (DCC) 7,155.00p 0.63% FTSE 100 - Fallers Barratt Developments (BDEV) 662.00p -5.23%
Barclays (BARC) 188.60p -4.26%
ITV (ITV) 168.10p -1.18%
Ferguson (FERG) 5,155.00p -1.15%
GlaxoSmithKline (GSK) 1,416.00p -0.91%
Shire Plc (SHP) 3,577.00p -0.56%
International Consolidated Airlines Group SA (CDI) (IAG) 664.00p -0.52%
Old Mutual (OML) 189.50p -0.47%
Royal Bank of Scotland Group (RBS) 279.10p -0.36%
Merlin Entertainments (MERL) 366.80p -0.35% FTSE 250 - Risers Sirius Minerals (SXX) 27.80p 5.62%
Kaz Minerals (KAZ) 868.50p 4.14%
National Express Group (NEX) 350.30p 2.19%
Acacia Mining (ACA) 188.40p 2.06%
Ted Baker (TED) 2,814.00p 1.44%
Just Group (JUST) 156.90p 1.36%
Go-Ahead Group (GOG) 1,753.00p 1.33%
Stagecoach Group (SGC) 159.90p 1.27%
Vedanta Resources (VED) 893.50p 1.13%
Greencoat UK Wind (UKW) 119.30p 1.10% FTSE 250 - Fallers Galliford Try (GFRD) 1,260.00p -5.41%
Provident Financial (PFG) 880.50p -2.44%
William Hill (WMH) 242.00p -1.75%
Metro Bank (MTRO) 3,553.00p -1.55%
Redefine International (RDI) 36.91p -1.05%
Telecom Plus (TEP) 1,210.00p -0.82%
Big Yellow Group (BYG) 773.50p -0.77%
Ashmore Group (ASHM) 376.90p -0.76%
Coats Group (COA) 85.95p -0.75% |
| | UK Event Calendar | | Thursday October 26 INTERIMS
C&C Group, Vitesse Media INTERIM DIVIDEND PAYMENT DATE
Capital & Regional, Equiniti Group , Oakley Capital Investments Ltd. (DI) INTERIM EX-DIVIDEND DATE
Booker Group, CareTech Holding, Coats Group, Harwood Wealth Management Group, ITV, Lookers, M&C Saatchi, Moss Bros Group, Next Fifteen Communications, Rolls-Royce Holdings, U And I Group, William Hill QUARTERLY EX-DIVIDEND DATE
APQ Global Limited, Blue Capital Alternative Income Fund Ltd (DI), Custodian Reit INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Continuing Claims (US) (13:30)
ECB Interest Rate (EU) (12:45)
GFK Consumer Confidence (GER) (07:00)
Initial Jobless Claims (US) (13:30)
M3 Money Supply (EU) (09:00)
Pending Homes Sales (US) (15:00) GMS
Clinigen Group, Societatea Energetica Electrica SA GDR (Reg S) FINALS
Connect Group, Redefine International ANNUAL REPORT
Petra Diamonds Ltd.(DI) IMSS
National Express Group SPECIAL EX-DIVIDEND DATE
Barratt Developments, Bioventix EGMS
Societatea Energetica Electrica SA GDR (Reg S) AGMS
Alumasc Group, Argos Resources Ltd. (DI), Imagination Technologies Group, Mattioli Woods, Mila Resources, Standard Life UK Smaller Companies Trust TRADING ANNOUNCEMENTS
Avocet Mining, Kaz Minerals , OPG Power Ventures, Relx plc UK ECONOMIC ANNOUNCEMENTS
CBI Distributive Trades Surveys (11:00) FINAL DIVIDEND PAYMENT DATE
Pembroke Vct, Pembroke Vct B FINAL EX-DIVIDEND DATE
Animalcare Group, Avingtrans, Barratt Developments, Bioventix, Dechra Pharmaceuticals, El Oro Ltd, Ferguson, Galliford Try, Haynes Publishing Group, JPMorgan Emerging Markets Inv Trust, Mcbride, Mulberry Group, Ricardo, Thorpe (F.W.), Wetherspoon (J.D.) |
| | Who pockets your portfolio's profits? You or your broker? | | Make sure you’re not paying too much for your portfolio’s account admin by choosing fixed over percentage-based fees. Capital at risk. Read more |
| | US Market Report | | US close: Dow pushes higher amid earnings frenzy The Dow pushed further into record territory on Tuesday, on the heels of a wave of better-than-expected corporate earnings updates. At the close, the Dow Jones Industrial Average was up 0.72% at 23,441.76, the S&P 500 was ahead 0.16% at 2,569.13 and the Nasdaq 100 was 0.2% firmer at 6,080.22. Stock in 3M, Caterpillar, GM and McDonald's were all putting on heavy gains after pleasing shareholders with their latest set of financials, with United Technologies one of the few exceptions, with its shares trading lower despite beating forecasts on the Street for its earnings per share. The lone economic release on Tuesday was IHS Markit's manufacturing sector purchasing managers index for October, which printed at 54.5 - a nine month high - following a reading of 53.1 for September. Back on the corporate front, shares of industrial conglomerate 3M rocketed 5.91% after the firm beat analysts' forecasts for both profits and sales and bumped up its outlook for earnings. General Motors was 2.95% higher despite reporting an enormous third quarter loss of $2.98bn or -$2.03 on a per share basis, versus $1.76 per share of profits a year ago. On an adjusted basis, however, earnings per share came in at $1.32 against a consensus for $1.11, while sales also fell by less than anticipated. Shares of McDonald's were also wanted even after the fast food giant only managed to just meet analysts' estimates on both the top and bottom line. Its stock was up 0.33%. Heavy equipment manufacturer Caterpillar finished the day 4.98% higher after the company said it was seeing stronger demand for its wares across many of its end markets. Dow Jones - Risers 3M Co. (MMM) $234.65 5.91%
Caterpillar Inc. (CAT) $138.24 4.98%
American Express Co. (AXP) $93.87 1.60%
JP Morgan Chase & Co. (JPM) $100.93 1.59%
Boeing Co. (BA) $266.05 1.40%
Goldman Sachs Group Inc. (GS) $244.84 1.12%
Visa Inc. (V) $108.41 0.82%
Home Depot Inc. (HD) $166.05 0.78%
Cisco Systems Inc. (CSCO) $34.58 0.67%
Apple Inc. (AAPL) $157.10 0.60% Dow Jones - Fallers International Business Machines Corp. (IBM) $155.87 -2.30%
General Electric Co. (GE) $21.89 -1.93%
Johnson & Johnson (JNJ) $141.66 -1.38%
United Technologies Corp. (UTX) $119.74 -0.95%
Travelers Company Inc. (TRV) $133.19 -0.94%
Wal-Mart Stores Inc. (WMT) $87.98 -0.76%
Walt Disney Co. (DIS) $98.29 -0.48%
Merck & Co. Inc. (MRK) $63.11 -0.46%
Nike Inc. (NKE) $53.42 -0.45%
Procter & Gamble Co. (PG) $87.00 -0.37% S&P 500 - Risers Corning Inc. (GLW) $31.94 6.43%
3M Co. (MMM) $234.65 5.91%
Caterpillar Inc. (CAT) $138.24 4.98%
Stanley Black & Decker Inc. (SWK) $165.73 4.77%
Alcoa Corporation (AA) $50.08 4.51%
CF Industries Holdings Inc. (CF) $37.61 3.58%
Hasbro Inc (HAS) $92.96 3.58%
Diamond Offshore Drilling Inc. (DO) $15.59 3.11%
Mosaic Company (MOS) $21.66 2.95%
Freeport-McMoRan Inc (FCX) $15.23 2.84% S&P 500 - Fallers Whirlpool Corp. (WHR) $163.26 -10.54%
PACCAR Inc. (PCAR) $70.38 -5.72%
W.W. Grainger Inc. (GWW) $198.35 -5.32%
Centene Corp. (CNC) $93.04 -5.07%
Fastenal Co. (FAST) $46.84 -4.25%
Interpublic Group of Companies Inc. (IPG) $19.81 -3.97%
Biogen Inc (BIIB) $315.73 -3.90%
Under Armour Inc. Class A (UAA) $16.30 -3.21%
Owens-Illinois Inc. (OI) $24.35 -3.10%
AbbVie Inc (ABBV) $91.69 -2.92% Nasdaq 100 - Risers Hasbro Inc (HAS) $92.96 3.58%
Activision Blizzard Inc. (ATVI) $62.73 2.07%
NetEase Inc. Ads (NTES) $280.54 1.98%
American Airlines Group (AAL) $51.95 1.90%
Netflix Inc. (NFLX) $196.02 1.84%
Norwegian Cruise Line Holdings Ltd. - Ordinary Shares (NCLH) $54.66 1.75%
Analog Devices Inc. (ADI) $90.29 1.71%
QUALCOMM Inc. (QCOM) $54.25 1.61%
Broadcom Limited (AVGO) $247.68 1.40%
T-Mobile Us, Inc. (TMUS) $62.28 1.32% Nasdaq 100 - Fallers PACCAR Inc. (PCAR) $70.38 -5.72%
Fastenal Co. (FAST) $46.84 -4.25%
Biogen Inc (BIIB) $315.73 -3.90%
Viacom Inc. Class B (VIAB) $25.65 -2.51%
Twenty-First Century Fox Inc Class B (FOX) $25.56 -1.73%
Twenty-First Century Fox Inc Class A (FOXA) $26.23 -1.72%
Celgene Corp. (CELG) $120.34 -1.66%
Liberty Global Plc Lilac Class A (LILA) $21.51 -1.47%
Regeneron Pharmaceuticals Inc. (REGN) $426.51 -1.44% |
| | 
Top of the stocks Number of Deals Bought Number of Deals Sold |
| | Newspaper Round Up | | Thursday newspaper round-up: Mental health, UK tax rules, banks About 300,000 people with a long-term mental health problem lose their jobs each year, a review commissioned by Theresa May has found. The Thriving at Work report, published on Thursday, puts the annual cost to the UK economy of poor mental health at up to £99bn, of which about £42bn is borne by employers. – Guardian The EU is to launch an investigation into a British government scheme that may help multinational firms pay less tax, the Guardian has learned. Margrethe Vestager, the EU competition commissioner, will announce on Thursday that she is opening an in-depth investigation into a UK tax scheme that exempts multinationals from anti-tax avoidance measures. Officials think the special exemption for multinationals may break EU competition rules by allowing them to pay less tax than domestic-only rivals. - Guardian Banks? contribution to the UK?s public finances climbed 3.5pc to £35.4bn last year, underlining the importance of the sector and the risk of a "no-deal" Brexit to the British economy. Foreign banks contributed £17.3bn, almost half of the total figure, including a majority of payroll taxes in the sector, according to research by PwC. " Telegraph Brexit uncertainty is hitting car sales in the UK and dragging down the industry?s performance across Europe, new data from analysts JATO show. Registrations of new cars in September in Europe totalled 1.46m, down 2.2pc on the same month a year ago, ending what JATO called an ?unprecedented? strong run. " Telegraph Housebuilders have significantly scaled back their plans to build homes in London, according to figures that show the sharpest drop in new home registrations for a third-quarter period in more than two decades. The National House Building Council, whose data covers 80 per cent of all new-builds in Britain, said that developers registered to build only 2,494 homes in London between July and September. " The Times Glaxosmithkline has declared its interest in Pfizer?s $15 billion consumer healthcare business in what could be its first big acquisition under Emma Walmsley. The chief executive of Britain?s biggest pharmaceuticals company said yesterday that it was considering an approach for the American group?s business in a move that triggered concerns in the City about a possible dividend cut. " The Times | | | | 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