| | | | | 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 | | |
| | London Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | London open: Stocks nudge up as investors eye inflation data; Ashtead rallies London stocks nudged higher in early trade on Tuesday as investors eyed the release of key UK inflation data. At 0830 GMT, the FTSE 100 was up 0.1% to 7,458.99, while the pound was flat against the euro at 1.1338 and 0.1% firmer against the dollar at 1.3360. The Office for National Statistics will publish the latest consumer price index, retail price index and producer price index at 0930 GMT. Spreadex analyst Connor Campbell said: "November's CPI reading is expected to remain unchanged at 3.0% for the third month in a row, potentially allaying fears - in part prompted by certain actions taken by the Bank of England - that the figure would keep climbing across the final quarter of the year. "It'll be interesting to see how sterling reacts to such steadiness: on one hand if the inflation data does stay the same, then there's little chance of the BoE changing its dovish-ish stance any time soon; on the other, a sign that things might be easing for UK consumer heading into Christmas would be welcome." In corporate news, industrial equipment rental firm Ashtead rallied after it posted a 16% rise in half-year pre-tax profits to £493.1m and announced the start of a share buyback programme, of at least £500m and up to £1bn over the next 18 months. Construction group Balfour Beatty was trading up after saying it is "increasingly confident" of improving margins this year as it continues to win new business on better terms. GlaxoSmithKline was higher after saying it has presented promising new data from the dose expansion phase of a study of an investigational anti-B-cell antibody-drug conjugate to treat cancer. Aggreko nudged up after giving a timeline to the appointment of its new chief financial officer, confirming that Heath Drewett would take up the role on 3 January. Power generator Drax slipped after it said trading conditions remained in line with expectations since interim results reported on July 19. Experian was boosted by an upgrade to 'outperform' at Exane, while Homeserve gained as JPMorgan Cazenove lifted the stock to 'overweight' and Grainger was up on the back of an initiation at 'overweight' by Barclays. EasyJet flew higher following an upgrade to 'outperform' at Davy, but Mediclinic and Moneysupermarket were hit by downgrades from JPMorgan Cazenove, while Capital & Counties was weaker as Barclays initiated coverage of the stock at 'underweight'. Pub group Greene King was under the cosh after a downgrade to 'underweight' from JPMorgan, with Marston's following suit. |
| | FatPROPHETS Successful stock recommendations since 2000 | | Fat Prophets is a stock market research house that specialises in assisting value based investors with buy, hold and sell recommendations Click Here |
| | Market Movers FTSE 100 (UKX) 7,458.99 0.07%
FTSE 250 (MCX) 20,043.06 -0.11%
techMARK (TASX) 3,470.50 0.16% FTSE 100 - Risers Ashtead Group (AHT) 2,113.00p 4.66%
Experian (EXPN) 1,590.00p 1.60%
Centrica (CNA) 143.50p 1.41%
Barratt Developments (BDEV) 634.00p 0.96%
easyJet (EZJ) 1,452.00p 0.90%
Tesco (TSCO) 207.25p 0.85%
Worldpay Group (WPG) 431.10p 0.75%
SEGRO (SGRO) 559.50p 0.72%
Babcock International Group (BAB) 679.50p 0.67%
Severn Trent (SVT) 2,098.00p 0.62% FTSE 100 - Fallers Mediclinic International (MDC) 591.00p -1.66%
Glencore (GLEN) 347.15p -1.18%
Rio Tinto (RIO) 3,502.00p -1.02%
Morrison (Wm) Supermarkets (MRW) 219.60p -0.81%
Merlin Entertainments (MERL) 362.00p -0.79%
Standard Chartered (STAN) 766.10p -0.79%
TUI AG Reg Shs (DI) (TUI) 1,384.00p -0.79%
Lloyds Banking Group (LLOY) 66.15p -0.74%
Sainsbury (J) (SBRY) 243.50p -0.49%
Imperial Brands (IMB) 3,057.50p -0.49% FTSE 250 - Risers Homeserve (HSV) 806.00p 2.68%
Grainger (GRI) 293.00p 2.38%
Balfour Beatty (BBY) 276.61p 1.70%
Man Group (EMG) 202.50p 1.45%
Drax Group (DRX) 272.60p 1.41%
Telecom Plus (TEP) 1,204.00p 1.26%
Serco Group (SRP) 94.90p 1.12%
Wizz Air Holdings (WIZZ) 3,503.00p 1.07%
Rank Group (RNK) 248.60p 1.06%
Sirius Minerals (SXX) 24.93p 1.01% FTSE 250 - Fallers Marston's (MARS) 116.40p -3.80%
Greene King (GNK) 508.50p -3.51%
Ladbrokes Coral Group (LCL) 173.60p -2.14%
Moneysupermarket.com Group (MONY) 335.30p -2.13%
Capital & Counties Properties (CAPC) 263.60p -2.08%
GVC Holdings (GVC) 937.50p -1.83%
IP Group (IPO) 142.60p -1.79%
Centamin (DI) (CEY) 138.40p -1.70%
Fisher (James) & Sons (FSJ) 1,572.00p -1.57% |
| | UK Event Calendar | | Tuesday December 12 INTERIMS
Abzena, Ashtead Group, Begbies Traynor Group, Carpetright, Polar Capital Technology Trust INTERIM DIVIDEND PAYMENT DATE
Spire Healthcare Group INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Producer Price Index (US) (13:30) Q2
Ashtead Group FINALS
Driver Group, MedicX Fund Ltd., Pressure Technologies, Zytronic ANNUAL REPORT
Autins Group AGMS
Artilium, CQS New City High Yield Fund Limited, Edinburgh Dragon Trust, GCM Resources, Haydale Graphene Industries, Northamber, Tristel TRADING ANNOUNCEMENTS
Balfour Beatty, Drax Group, Joules Group UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (09:30)
Producer Price Index (09:30)
Retail Price Index (09:30) FINAL DIVIDEND PAYMENT DATE
Fidelity Asian Values FINAL EX-DIVIDEND DATE
Telefonica SA
|
| | Join a Q&A with eToro's top popular investor, Jaynemesis! | | Understand how he made over 200% returns trading cryptocurrencies this year. @ 3pm GMT on Friday, 8th December.
|
| | US Market Report | | US close: Markets continue run further into record territory Markets in the US pushed further into record territory on Monday, as investors eyed a rate announcement from the Federal Reserve later in the week. The Dow Jones Industrial Average was up 0.23% at 24,386.03, the S&P 500 added 0.32% to 2,659.99, and the Nasdaq 100 ended the session 0.78% higher at 6,393.89. "The Dow Jones, S&P 500 and NASDAQ 100 are edging higher as the US indices appear to have shrugged off the negative sentiment that crept in at the start of the month," said CMC Markets' David Madden. "2017 has been an impressive year for US equity benchmarks and we could see another round of record highs from the before the year is out." The Fed's rate announcement is scheduled for Wednesday, with the Bank of England and European Central Bank also due to announce their own latest policy decisions the following day. Ahead of the US central bank's policy announcement, Gregory Daco, chief US economist at Oxford Economics, forecast America's gross domestic product would expand at a 2.7% pace in 2018, helped by fiscal stimulus - which would lift the rate of GDP growth by 0.3 percentage points. Based on the above, and expectations for global GDP growth to pick-up from 2.9% in 2017 to 3.2% in 2018, Daco projected the Fed would hike interest rates three times over the course of the following year. There was little in the way of fresh economic data out on Monday. However, according to the Bureau of Labor Statistics, the number of job openings in the US fell by 181,000 in October to reach 5.996m, compared to consensus expectations for 6.09m. "No doubt it's a disappointing figure, but we have to put it in context - the month before was revised up to a record high, so the fact that it came down from that level isn't as disappointing as it might first appear," said Marshall Glitter, chief economist at ACLS Global. "Job openings still seem to be in an uptrend relative to the NFP figures - that is, there are still more and more jobs relative to the number of people being hired each month. "That should eventually translate into higher wages." In corporate news, insurers such as Travelers Companies were in focus as wildfires in Southern California took their toll, with Travelers ending the day down 0.44%. Dow Jones - Risers Walt Disney Co. (DIS) $106.83 2.49%
Apple Inc. (AAPL) $172.67 1.95%
Verizon Communications Inc. (VZ) $51.84 1.47%
Merck & Co. Inc. (MRK) $56.34 1.39%
Pfizer Inc. (PFE) $36.21 1.32%
Microsoft Corp. (MSFT) $85.23 1.27%
Nike Inc. (NKE) $61.95 1.06%
Cisco Systems Inc. (CSCO) $37.96 0.93%
Intel Corp. (INTC) $43.66 0.72%
3M Co. (MMM) $239.30 0.49% Dow Jones - Fallers Boeing Co. (BA) $283.16 -0.96%
Home Depot Inc. (HD) $182.17 -0.63%
Unitedhealth Group Inc. (UNH) $222.76 -0.51%
Travelers Company Inc. (TRV) $133.18 -0.42%
General Electric Co. (GE) $17.65 -0.34%
JP Morgan Chase & Co. (JPM) $105.61 -0.29%
Visa Inc. (V) $112.38 -0.20%
Procter & Gamble Co. (PG) $90.24 -0.15%
Goldman Sachs Group Inc. (GS) $250.18 -0.09%
Caterpillar Inc. (CAT) $143.77 -0.06% S&P 500 - Risers CenturyLink Inc. (CTL) $15.87 8.18%
Southwestern Energy Co. (SWN) $5.81 5.83%
FMC Technologies Inc. (FTI) $28.59 4.53%
Symantec Corp. (SYMC) $29.22 4.43%
Chesapeake Energy Corp. (CHK) $3.83 4.08%
Range Resources Corp. (RRC) $16.71 3.92%
Mallinckrodt Plc Ordinary Shares (MNK) $23.15 3.77%
Newfield Exploration Co (NFX) $30.36 3.30%
Frontier Communications Co. (FTR) $10.06 3.18%
NRG Energy Inc. (NRG) $29.13 3.12% S&P 500 - Fallers SCANA Corp. (SCG) $42.38 -7.43%
Macerich Co (MAC) $63.27 -3.74%
Martin Marietta Mtrl (MLM) $208.71 -2.53%
Urban Outfitters Inc. (URBN) $32.27 -2.48%
Vulcan Materials Co. (VMC) $122.92 -2.35%
Alexion Pharmaceuticals Inc. (ALXN) $111.90 -2.24%
Newmont Mining Corp. (NEM) $34.67 -2.08%
Tapestry Inc. (TPR) $41.39 -2.06%
Zions Bancorporation (ZION) $49.94 -1.94%
Verisk Analytics Inc. (VRSK) $94.32 -1.91% Nasdaq 100 - Risers Biomarin Pharmaceutical Inc. (BMRN) $88.11 7.46%
NetEase Inc. Ads (NTES) $344.77 7.23%
Mercadolibre Inc. (MELI) $288.80 4.47%
Symantec Corp. (SYMC) $29.22 4.43%
Tesla Inc (TSLA) $328.91 4.37%
Wynn Resorts Ltd. (WYNN) $164.26 2.96%
Liberty Global plc Series C (LBTYK) $30.71 2.81%
Hologic Inc. (HOLX) $43.82 2.65%
Liberty Global plc Series A (LBTYA) $31.55 2.53%
Electronic Arts Inc. (EA) $107.92 2.52% Nasdaq 100 - Fallers Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $216.14 -3.74%
Alexion Pharmaceuticals Inc. (ALXN) $111.90 -2.24%
Align Technology Inc. (ALGN) $233.66 -2.00%
Verisk Analytics Inc. (VRSK) $94.32 -1.91%
Illumina Inc. (ILMN) $214.11 -1.63%
Intuitive Surgical Inc. (ISRG) $373.55 -1.60%
O'Reilly Automotive Inc. (ORLY) $247.24 -1.53%
Dollar Tree Inc (DLTR) $107.07 -1.47%
Vertex Pharmaceuticals Inc. (VRTX) $141.68 -1.34% |
| | Latest reports from Atlantic Advisory, including GSK, BP, Lloyds....... | | Available Now: AstraZeneca, Bitcoin, Boohoo.com, BP, Carillion, Glaxo SmithKline, Glencore, Greatland Gold Plc, UK House Prices, Hurrancane Energy, IQE, Lloyds Banking Group, Barclays vs Lloyds, UK Oil and Gas, Provident Financial and Sirius Minerals.
Click here to select your FREE REPORTS from Atlantic Advisory
CFDs are leveraged products that carry a high level of risk to your capital.
|
| | 
Top of the stocks Number of Deals Bought Number of Deals Sold |
| | Newspaper Round Up | | Tuesday newspaper round-up: Trump tax warning, oil pipeline, Comcast, wages Philip Hammond has joined other EU treasury ministers in warning President Trump about tax plans that they say would breach international agreements and hammer the City of London. In a letter they express “significant concerns” that the Trump administration’s tax plans would have a “major distortive impact on international trade”. - The Times The closure of a major North Sea pipeline after a crack was discovered will have wide-reaching implications for the oil and gas industry, experts have said. They said even a closure of a few weeks would have significant impacts on the industry. The price of Brent, the international benchmark, briefly rose to a two-year high of above $65 (£47) a barrel after the announcement, up from $63 at the start of the day. - Guardian More than a quarter of FTSE 100 chairmen fall foul of plans to shake-up British boardrooms so they are not full of the same old faces. Reforms to the corporate governance code proposed by the Financial Reporting Council state that chairmen should not serve more than nine years on the board, with research by governance analysts Manifest finding more than 90 major UK-based companies have chairmen who have been on the board for longer than this ?" including 27 in the FTSE 100 index. - Mail Social media companies should face fines or prosecution for failing to remove racist, extremist or child sex abuse content, an influential committee will tell the government tomorrow. Theresa May's independent ethics watchdog will recommend laws to shift the liability for illegal content on to social media firms, which would recast the companies as publishers and stop them describing themselves as platforms with no control over the millions of messages and videos that they host. - The Times Comcast said it is no longer looking to buy 21st Century Fox's assets, in yet another sign that a deal between Fox and Disney is nearing completion. Comcast-owned CNBC first reported the cable giant's interest in the block of assets, specifically Fox's 39pc stake in Sky, its film studio and a significant portion of its TV assets, early last month, just weeks after it emerged that Disney had been in talks with Fox over the same assets. - Telegraph Rogue banks, insurers and investment firms have been hit with a tenfold increase in fines by the City watchdog. The Financial Conduct Authority has doled out £229.4million of penalties this year, up from £22.2million in 2016. - Mail Pension guardians from the City watchdog are investigating 11 financial advisers which targeting vulnerable savers in the British Steel scheme. The scheme is being restructured as part of a deal to save plants at Port Talbot in South Wales and Scunthorpe in Lincolnshire, with members facing cuts to their pay-outs. - Mail British workers are in line for a 0.5pc pay squeeze next year as inflation stays ahead of earnings ?" making the UK the worst performing developed economy in 2018. Real pay is set to grow by 2pc in Ireland, 1.8pc in Italy, 1pc in the US, 0.8pc in Germany and 0.7pc in France, according to recruitment group Korn Ferry's study of firms employing 20m workers across 97 countries. - Telegraph Britain's employers are the most pessimistic about hiring staff than at any time in five years, underscoring fears over the number of new jobs available as the country prepares to leave the EU. A poll of 2,102 employers across nine different industry sectors found a net balance of just 4% were planning to increase staff levels rather than make cuts in the final months of the year. - Guardian Train travellers are being "misled" by rail companies that sell tickets for journeys that they know will be disrupted by engineering work. Research by Transport Focus, the passenger watchdog, found 14,806 errors in the database used to book tickets in the run-up to Christmas when many trains are cancelled, rerouted or replaced by buses. - The Times Ryanair flights to and from Dublin could be disrupted by strikes over Christmas after pilots based in Ireland voted for industrial action. Europe's biggest short-haul airline now faces disruption in key European markets following ballots for action by pilots in Italy and Portugal over the past week. - Guardian Parts of the countryside are being needlessly sacrificed to build homes because thousands of small plots of previously developed land are being overlooked by councils, a study has found. Sites with room for almost 200,000 homes are missing from official registers of brownfield, according to research by the Campaign to Protect Rural England (CPRE). These include former builders' yards, disused warehouses and blocks of garages no longer used for parking. - The Times A scandal over suspected accounting fraud at Steinhoff International intensified yesterday when Johannesburg's stock exchange operator began an investigation into whether the South African retail conglomerate may have broken disclosure rules. The Johannesburg exchange said that it would examine whether Steinhoff, which in 2011 embarked on a debt-fuelled overseas acquisition spree that added chains including Poundland, Bensons for Beds and Harveys in Britain, had violated any of its listing requirements. - The Times London and the surrounding area will keep on booming as Britain's richest corners pull further ahead of the rest of the country in coming years. More jobs will be created in London than in other regions between now and 2020, and gross value added ?" a measure of economic growth ?" will accelerate in the capital even as it slows elsewhere, according to forecasts from EY. - Telegraph Manufacturers are demanding an early role in trade deal negotiations as Britain prepares to quit the European Union in an attempt to avoid pitfalls that only become apparent later. EEF, the trade body for the UK's industrial sector, made the call for business to be involved in talks about both the transition and long-term arrangements. - Telegraph Ministers missed out on tens of millions extra on the sale of the Green Investment Bank (GIB) in August, according to the spending watchdog. The National Audit Office said the £1.6bn paid in cash by the Australian bank Macquarie came in at the low end of the government's valuation. Macquarie agreed to spend a further £500m to cover the bank's existing commitments. - Guardian More than 360 care homes will fall into the hands of a secretive American hedge-fund boss who specialises in snapping up struggling businesses. Tycoon Spencer Haber has over the last two years bought up debt from the struggling Four Seasons care home chain, which is home to 17,000 vulnerable and elderly residents and looks likely to take over the firm outright. - Mail |
| | Following the financial crisis, high street banks have funded fewer SME housebuilders | | Alternative finance providers are stepping in to fill this void, offering investors high margins and attractive returns. One of these lenders, Clearwell Capital is currently fundraising with a 3-year secured bond paying 10% per annum. Click here to find out more. Capital at risk. | | | | 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