| | | | | | | Share Tips for 2018 The Share Centre’s investment research analyst Ian Forrest, comments on five equities, an investment trust as well as an ETF that our expert research team think could flourish in 2018. Read more. Capital at risk. | | |
| | London Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  |  |  |  | | Please click on the images to view our interactive charts | | | London open: Stocks nudge lower as Carillion collapse sours sentiment London stocks ticked lower in early trade on Monday, with sentiment undermined by the collapse of contractor Carillion. At 0830 GMT, the FTSE 100 was down 0.1% to 7,774.02,while the pound was up 0.1% against the dollar at 1.3747 and flat versus the euro at 1.1256. In corporate news, trading in the shares of Carillion was suspended after the company said it was going into liquidation. Spreadex analyst Connor Campbell said: "The shocking collapse of Carillion, whose shares have been suspended since the company announced it was going into liquidation, appeared to pull the FTSE back from its all-time highs this Monday. "The knock in confidence to the UK economy - Carillion employs around 20,000 people, and utilises a huge network of smaller subcontractors - likely contributed to the FTSE's 0.1% dip, a move that took the index to just below 7775 having grazed 7800 last Friday. The banking sector is one of the key weights dragging on the index, with investors perhaps concerned about the money owed by Carillion to the likes of RBS and HSBC." Plumbing and heating company Ferguson gained as it said recent US tax cuts would provide a beneficial impact on the group's after tax earnings. Rolls Royce slipped as it confirmed recent press speculation that it might be looking to hive-off its l'Orange unit, but clarified that the strategic review now under way would have no impact on the rest of its Power Systems arm. Engineer GKN was on the front foot following reports that private equity firm Carlyle is considering a bid for the company, after it announced last week that it had rejected a £7bn offer from Melrose Industries. Meanwhile, Melrose was a little weaker after saying it is beginning a series of shareholder meetings to discuss the proposal. FTSE 250 heat treatment supplier Bodycote surged after saying it now expects full year 2017 headline operating profit to be towards the upper end of market expectations as it announced that US tax changes should have a positive one-off impact. William Hill edged higher after saying it is undertaking a review of its Australian business, as it said 2017 adjusted profits were 11% than in the previous year, surpassing forecasts of £290m, while Acacia Mining shone after the release of its fourth-quarter production figures. In broker note action, Johnson Matthey was boosted by an upgrade to 'buy' at Berenberg, while Land Securities was lifted by an upgrade to 'overweight by JPMorgan. Barclays rose on the back of an upgrade to 'buy' at Investec. There are no major UK data releases due on Monday but on Tuesday investors will eye the release of the latest inflation figures. |
| | The Top 10 Stocks for 2018 | | What does the year hold for these 10 blue chips? A look at some of the key themes in the coming 12-months, the key numbers from 2017, FTSE 100 companies that reached record highs… and those that fell to all-time lows, and our Top Stock Picks for 2018. Losses can exceed deposits. Get your copy |
| | Market Movers FTSE 100 (UKX) 7,774.02 -0.06%
FTSE 250 (MCX) 20,907.56 0.23%
techMARK (TASX) 3,545.12 0.00% FTSE 100 - Risers Johnson Matthey (JMAT) 3,244.00p 2.53%
GKN (GKN) 429.10p 2.17%
Ferguson (FERG) 5,558.00p 1.42%
Barclays (BARC) 197.14p 1.36%
Fresnillo (FRES) 1,455.50p 1.32%
ITV (ITV) 170.15p 1.28%
Antofagasta (ANTO) 1,045.00p 1.26%
Randgold Resources Ltd. (RRS) 7,386.00p 1.15%
Glencore (GLEN) 411.70p 1.02%
Land Securities Group (LAND) 982.30p 0.81% FTSE 100 - Fallers Standard Chartered (STAN) 821.80p -1.34%
HSBC Holdings (HSBA) 783.80p -1.00%
NMC Health (NMC) 3,074.00p -0.90%
GlaxoSmithKline (GSK) 1,341.80p -0.83%
Royal Bank of Scotland Group (RBS) 300.20p -0.73%
Diageo (DGE) 2,623.50p -0.66%
Vodafone Group (VOD) 227.90p -0.63%
Smith & Nephew (SN.) 1,259.50p -0.55%
Imperial Brands (IMB) 3,145.01p -0.47%
Ashtead Group (AHT) 2,096.00p -0.43% FTSE 250 - Risers Bodycote (BOY) 1,018.00p 6.99%
Serco Group (SRP) 101.60p 3.52%
Card Factory (CARD) 222.40p 3.44%
Vedanta Resources (VED) 936.40p 2.81%
Polymetal International (POLY) 937.60p 2.27%
Vectura Group (VEC) 118.90p 2.24%
Kaz Minerals (KAZ) 966.80p 2.20%
Hochschild Mining (HOC) 260.00p 2.12%
Centamin (DI) (CEY) 166.80p 1.77%
Acacia Mining (ACA) 197.64p 1.67% FTSE 250 - Fallers Moneysupermarket.com Group (MONY) 344.60p -2.79%
Dairy Crest Group (DCG) 568.00p -2.41%
PZ Cussons (PZC) 319.40p -2.20%
Weir Group (WEIR) 2,156.00p -2.18%
Savills (SVS) 954.50p -1.70%
Grafton Group Units (GFTU) 816.00p -1.09%
RIT Capital Partners (RCP) 1,984.00p -1.05%
RDI Reit (RDI) 35.65p -0.97%
Shaftesbury (SHB) 1,005.33p -0.95% |
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| | Europe Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  | | | | | | Europe open: Stocks dip as euro continues to edge higher Stocks are dipping lower, weighed down by another upwards move in the single currency and despite the fresh record highs seen on Wall Street at the end of the previous week. As of 0805 GMT, the benchmark Stoxx 600 was slipping 0.12% or 0.48 points lower to 397.90, alongside a dip of 0.21% on the Dax to 13,212.92 and of 0.25% in the Cac-40 to 5,504.17. Meanwhile, euro/dollar was 0.14% ahead at 1.2216, a more than three-year high. To take note of, US markets would remain closed on Monday, in observance of the Martin Luther King Jr. holiday, which might result in lower than normal trading volumes on bourses. Last Friday, the euro topped its 2017 high against the US dollar, at 1.2095, and moved past a key level of so-called technical resistance at 1.2170 on the back of optimism around the ability of Germany's main political parties to craft a grand coalition. In parallel, the US dollar spot index fell to a fresh 52-week low. Commenting on recent moves in the euro, analysts at UniCredit Research pointed out that the market was now "very long euros", referencing the latest weekly CFTC data showing speculative long positions at a record high to back up their case. However, they added that: "One cannot rule out bouts of profit taking, but there is a symphony of factors that work in euro's favor at the moment. "These range from euro-area-specific influences ?" such as positive political developments (see Germany), a more-hawkish-than-expected ECB, exceptionally strong regional economic data and ongoing undervaluation ?" to USD-bearish impulses ?" such as overvaluation, still messy US politics and the possibility of a slightly more dovish Fed on account of inflation undershooting expectations." The economic calendar was light at the start of the week, with just a reading on the Eurozone's foreign trade surplus for November set for release, at 1000 GMT. No economic data was due to be published in the US. On the corporate front, according to Sueddeutsche Zeitung, Airbus was in talks with German prosecutors to close a probe into the sale of Eurofighter jets to Austria. In a related sector, at the weekend Air France denied it had bid for failed carrier Alitalia. |
| | 
Top of the stocks Number of Deals Bought Number of Deals Sold |
| | Cryptocurrencies Report | | Top Cryptocurrencies | # | Name | Market Cap($) | Price(%) | Change | Price Graph(3m) | | 1 |  | Bitcoin (BTC) | 231,578,676,557 | 13,573.95 | -6.38% |  | | 2 |  | Ethereum (ETH) | 129,134,041,157 | 1,311.69 | +1.16% |  | | 3 |  | Ripple (XRP) | 71,279,247,989 | 1.81 | -11.46% |  | | 4 |  | Bitcoin Cash / BCC (BCH) | 42,237,683,328 | 2,467.11 | -5.47% |  | |
| | Atlantic Advisory - Share Tips of the Year 2018 | | Download Our Latest Report Here Losses can exceed deposits |
| | US Market Report | | US close: Wall Street notches up fresh highs amid dollar weakness Wall Street's main market gauges continued to barrel ahead at the end of the week, helped by another drop in the US dollar and despite a mixed reaction to the latest quarterly earnings from the likes of JPMorgan and Wells Fargo. By the close, the Dow Jones Industrials Average was up by 0.89% or 228.46 points to 25,803.19, alongside an advance of 0.67% or 18.68 points to 2,786.24 on the S&P 500 and a gain of 0.68% or 49.28 points in the Nasdaq Composite to 7,261.06. Over the week as a whole, the S&P 500 added 1.67%. In parallel, the US dollar spot index slipped to a new 52-week low of 90.773 on Friday, even as yields on 2-year Treasury notes topped the 2.0% mark for the first time since 2008 after the government reported a larger-than-expected 0.3% rise in 'core' consumer prices. That reading on the cost of living in the US came alongside a stronger-than-expected 0.4% month-on-month print on December retail sales, which also boosted sentiment. From a sector standpoint, the best performing areas of the market were: Independent Media Agencies (2.18%), Gold Mining (2.14%), Home Improvement Retialers (2.04%) and Airlines (1.88%). Dragging the dollar to a three-year low against the euro was news of a breakthrough in German coalition talks after Angela Merkel's conservative Christian Democratic Union bloc and the Social Democrats agreed to a blueprint for formal coalition negotiations. GKFX analyst David Morrison said investors were hopeful the US earnings season will provide yet more ammunition for another push higher. "The major indices continue to record fresh record closes on an almost daily basis now. The latest leg of the rally coming in the wake of Trump's tax reforms which passed through Congress last month. "[...] Traders continue to disregard warnings that the market is seriously overvalued while low volatility is disguising dangers inherent in the current frothy environment. Investors are still prepared to extend their exposure to stocks even as developed world central banks withdraw the monetary stimulus which boosted risk assets in the first place." On the corporate front, earnings season kicked off in style, with money manager BlackRock posting better-than-expected fourth-quarter profit. Shares of JPMorgan Chase were also active after the lender's fourth-quarter earnings surpassed analysts' expectations, with earnings per share of $1.76 versus forecasts of $1.69. Wells Fargo also posted better-than-expected fourth quarter earnings per share of $1.16, but that was not enough to push the shares to a fresh 52-week high. Banking giants Goldman Sachs and Morgan Stanley were scheduled to release their latest earnings next week. Elsewhere, stock in Facebook was down after the company announced plans to prioritise meaningful social interaction over branded content. In a post on the site, chief executive Mark Zuckerberg said branded content was "crowding out the personal moments that lead us to connect more with each other". Dow Jones - Risers Boeing Co. (BA) $336.21 2.48%
Cisco Systems Inc. (CSCO) $40.87 1.92%
Merck & Co. Inc. (MRK) $58.66 1.84%
Travelers Company Inc. (TRV) $134.70 1.81%
Microsoft Corp. (MSFT) $89.60 1.73%
JP Morgan Chase & Co. (JPM) $112.67 1.65%
Unitedhealth Group Inc. (UNH) $228.58 1.44%
Walt Disney Co. (DIS) $112.46 1.33%
United Technologies Corp. (UTX) $136.53 1.18%
Apple Inc. (AAPL) $177.09 1.03% Dow Jones - Fallers General Electric Co. (GE) $18.76 -1.37%
International Business Machines Corp. (IBM) $163.14 -0.65%
Procter & Gamble Co. (PG) $89.59 -0.60%
Verizon Communications Inc. (VZ) $51.85 -0.48%
Intel Corp. (INTC) $43.24 -0.39%
Pfizer Inc. (PFE) $36.54 -0.05%
McDonald's Corp. (MCD) $173.57 0.10%
Visa Inc. (V) $120.10 0.21%
American Express Co. (AXP) $100.97 0.24%
Coca-Cola Co. (KO) $46.15 0.24% S&P 500 - Risers Viacom Inc. Class B (VIAB) $33.76 9.57%
Frontier Communications Co. (FTR) $8.30 7.51%
Lowe's Companies Inc. (LOW) $100.86 5.35%
Tenet Healthcare Corp. (THC) $16.24 5.31%
Seagate Technology Plc (STX) $51.26 4.60%
Kohls Corp. (KSS) $63.87 4.50%
Target Corp. (TGT) $76.80 3.78%
Bed Bath & Beyond Inc. (BBBY) $22.82 3.77%
American Airlines Group (AAL) $58.47 3.63%
TripAdvisor Inc. (TRIP) $36.54 3.57% S&P 500 - Fallers GameStop Corp. (GME) $17.76 -11.02%
Spectra Energy Corp. (SE) $12.97 -8.85%
AFLAC Inc. (AFL) $84.94 -7.36%
Amer Water Works (AWK) $80.83 -4.61%
Facebook Inc. (FB) $179.37 -4.47%
First Solar Inc. (FSLR) $73.41 -3.75%
Varian Medical Systems Inc. (VAR) $108.49 -2.73%
Ventas Inc. (VTR) $54.83 -2.49%
Essex Prty Trust Inc. (ESS) $227.10 -2.30%
HCP Inc. (HCP) $23.64 -2.19% Nasdaq 100 - Risers Seagate Technology Plc (STX) $51.26 4.60%
American Airlines Group (AAL) $58.47 3.63%
Adobe Systems Inc. (ADBE) $195.05 3.24%
Dollar Tree Inc (DLTR) $114.84 3.13%
Dentsply International Inc. (XRAY) $65.79 2.40%
Autodesk Inc. (ADSK) $115.91 2.34%
Expedia Inc. (EXPE) $132.36 2.28%
Amazon.Com Inc. (AMZN) $1,305.20 2.23%
Align Technology Inc. (ALGN) $258.43 2.18%
Henry Schein Inc. (HSIC) $74.84 2.10% Nasdaq 100 - Fallers Facebook Inc. (FB) $179.37 -4.47%
Workday, Inc. (WDAY) $112.90 -1.17%
Cintas Corp. (CTAS) $160.46 -0.98%
Shire Plc Ads (SHPG) $147.55 -0.58%
Intuitive Surgical Inc. (ISRG) $419.04 -0.55%
Tesla Inc (TSLA) $336.22 -0.51%
Nvidia Corp. (NVDA) $222.98 -0.49%
JD.com, Inc. (JD) $46.40 -0.45%
O'Reilly Automotive Inc. (ORLY) $258.60 -0.44% |
| | 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. |
| | Newspaper Round Up | | Monday newspaper round-up: Carillion, GKN, Barclays, diesel cars Ministers are facing questions about why hundreds of millions of pounds of work was awarded to a public contractor even after it issued a string of profit warnings. Last night the fate of the company, an employer of almost 20,000 people in the UK, lay in government hands after lenders indicated they would not rescue it without ministerial help. - The Times Retailers suffered in the run-up to Christmas as shoppers steered clear of the high street and margins were squeezed by higher costs, Black Friday discounts and online shopping. Total footfall dropped 3.5pc in December compared with last year, the biggest fall since March 2013, according to figures from the British Retail Consortium and retail analysts Springboard, with high streets and shopping centres the hardest hit. - Telegraph GKN is exploring the option of selling its aerospace business to fend off more potential approaches after an unsolicited £7 billion offer for the engineering group last week. A number of US private equity firms and industrial rivals are thought to be running the rule over the aircraft and car parts maker now it is in play. Melrose Industries, a listed specialist at turning around troubled engineers, made a cash and shares offer that GKN rejected as "entirely opportunistic" on Friday. - The Times Thousands of jobs in the UK car industry are under threat as diesel vehicle sales slump due to tax increases and negative publicity, experts have warned. According to sources, executives are preparing for redundancies, with the rush to embrace electric vehicles adding to the pressure on diesel. Last year, sales of diesel-powered vehicles in the UK plummeted by 17.1% to just over 1 million. - Guardian The National Infrastructure Commission (NIC) is set to accelerate the race to ensure Britain's roads are ready for a driverless car revolution by the end of the decade. The Government hopes to begin testing autonomous vehicles on British roads by 2019, before they operate freely from 2021, as part of a multibillion pound plan to build an economy fit for the future. - Telegraph Barclays has admitted that people wanting to object to its ringfencing plans have been stymied by "a glitch" on the High Court's computer system and the bank's own failure to provide enough information. Like most big banks, Barclays has to restructure as part of government plans to strengthen the financial system in the wake of the 2008 crisis and to reduce the risk of taxpayers having to bail out banks. - The Times The average price of a property coming on to the market in January is up by nearly £2,000 compared with December, but sales are down by 5.5% on the same period a year ago. Rightmove, which tracks 90% of the UK property market, said there had been a "busy start" to 2018, with more than 4m visits a day to its site, up nearly a tenth on last year. The average price was up 0.7% to £297,587. - Guardian Businesses owe the taxman £4.4 billion in overdue corporation tax and VAT, the latest sign that some are struggling to cope with rising operating costs and customers paying late. Corporation tax arrears were £1.9 billion last year, a record high, while £2.5 billion of VAT payments were overdue. - The Times Greece is set to adopt more austerity measures today, clearing the last significant hurdle to receiving €5 billion in aid from its eurozone partners. Athens has relied on three multibillion-euro lifelines since 2010, when its economy crashed. It wants to end its bailout programme in August. - The Times The Conservative Party's favourite advertising agency M&C Saatchi has bolstered its board with the appointment of experienced media banker Lorna Tilbian as a non-executive. Ms Tilbian, who was part of the senior team that founded the mid market stock broker Numis, is expected to join M&C as soon as today. - Telegraph One of the country's biggest litigation finance firms is considering an initial public offering, which would give investors a chance to share in the spoils of corporate and class action lawsuits. Richard Hextall, the newly appointed head of Vannin Capital, one of the world's largest and longest-established players in the legal finance market, said that a listing on the London stock exchange was under consideration as the firm expands. - The Times BHS may be gone from the UK high street but its renaissance online appears to be going well with sales soaring in the final quarter of the year. The "start-up" online retailer BHS.com said total sales had jumped by 43 per cent in the last three months of last year. - The Times Ford Motor Co will significantly increase its planned investments in electric vehicles to $11bn by 2022 and have 40 hybrid and fully electric vehicles in its model line-up, the company's chairman, Bill Ford, said at the Detroit auto show. The investment figure is sharply higher than a previously announced target of $4.5bn by 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures. - Guardian The rising demand for smart and fashionable homes for the over-65s who are looking to downsize has led to the creation of one of the biggest retirement developers in the country. Pegasus Life, which specialises in delivering stylish retirement homes in areas from Hampstead in London to Cotswolds villages and Devon beachfronts, has acquired Renaissance Retirement, a smaller competitor, as it attempts to boost its output. - The Times If 2017 was the year of bitcoin, 2018 could be the year of a joke digital currency created in honour of an excitable dog. Or maybe investors will pour their money into Trumpcoins and Putincoins instead. There are more than 1,400 digital currencies in circulation with a combined value of $704 billion, figures from Coinmarketcap suggest. Bitcoin, which is valued at $230 billion, is the most highly sought-after, followed by ether, which is worth $130 billion, and XRP, or ripple, which is valued at $73 billion. - The Times The career move from butcher to blockchain entrepreneur might sound an unlikely one, but Kieran Kelly's experience in both fields is proving extremely valuable in his current business. Arc-net uses the technology that powers bitcoin and other cryptocurrencies to build a trustworthy record of an animal's life all the way from farm to supermarket shelf. - The Times | | | | To advertise in the Euro Markets Bulletin please contact advertise@advfn.com |
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