| | | | | | | 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 inch up as investors sift through corporate news; inflation data eyed London stocks nudged higher in early trade on Tuesday as investors sifted through a raft of corporate news ahead of the release of the latest UK inflation figures. At 0830 GMT, the FTSE 100 was up 0.1% to 7,778.23, while the pound was flat against the dollar at 1.3790 after climbing to its highest level against the greenback since Brexit on Monday, and 0.1% firmer versus the euro at 1.1255. The main focus on the economic front will be the retail price index, producer price index and consumer price index at 0930 GMT. Spreadex analyst Connor Campbell said: "It'll be interesting to see how sterling reacts to Tuesday's latest inflation reading. Analysts are forecasting the figure will slip from 3.1% in November to 3.0% in December, in what could be the first stage of it unwinding the rapid rise seen in the second half of 2017. Now, 3.0% is still very high, especially with wage growth constantly trailing behind; yet a reversal will only further delay a Bank of England rate hike, something that could pull cable away from its recent post-Brexit referendum peak." In corporate news, high street baker Greggs advanced after saying full year total sales were up by a tasty 7.4% and company-managed shop like-for-like sales grew by 3.7%. Halma nudged up after saying it expects the recently enacted US tax cuts and to positively impact its future US after tax adjusted earnings and provide a £15m non-cash credit the year to March 2018. JD Sports surged after saying it expects pre-tax profit for the year to 3 February 2018 to be ahead of market expectations following a strong second half. Savills was in the black after saying it had a stronger-than-expected finish to 2017 and now sees underlying results for the year to the end of December ahead of its previous expectations. Homeware retailer Dunelm gained after saying comparable sales in the second quarter rose 3.4% thanks to a solid performance from the online segment. Coach operator National Express edged up after saying it expects changes to the US tax system that came into effect at the beginning of this month to reduce its effective tax rate to the low 20s from the high 20s. Emerging markets focused asset manager Ashmore rallied after it posted a jump in assets under management for the three months to the end of December amid strong net inflows. Tate & Lyle rose as it promoted current chief financial officer Nick Hampton to the role of chief executive with effect from 1 April 2018. On the downside, troubled doorstep lender Provident Financial retreated as it reported a loss from its home credit business at the larger end of expectations and said its Vanquis Bank took 20% fewer new customer bookings in the fourth quarter compared to last year. Anglo-Australian miner Rio Tinto slipped despite saying it managed to hit its iron ore export targets after a solid showing in the final quarter where it shipped a record 90m tonnes, up from 85.8m tonnes in the previous three months. Oil giant BP gushed lower after saying it expects to take a post-tax non-operating charge of around $1.7bn in the fourth quarter as part of the class action settlement of the disastrous Deepwater Horizon oil well spill in the US in 2010. FTSE 250 hospital group Spire Healthcare lost ground as it confirmed its previous guidance for 2017. RPC and Inchcape were hit by downgrades to 'hold' at Berenberg, but Primark owner Associated British Foods and Hunting were sharply higher after upgrades at Barclays and Morgan Stanley, respectively. |
| | 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) 7,778.23 0.12%
FTSE 250 (MCX) 20,890.48 0.28%
techMARK (TASX) 3,549.16 0.24% FTSE 100 - Risers Associated British Foods (ABF) 2,882.00p 1.91%
NMC Health (NMC) 3,064.00p 1.06%
easyJet (EZJ) 1,525.00p 0.86%
3i Group (III) 948.60p 0.85%
Admiral Group (ADM) 1,884.00p 0.83%
Hammerson (HMSO) 518.00p 0.78%
Persimmon (PSN) 2,638.00p 0.73%
Micro Focus International (MCRO) 2,226.00p 0.68%
British American Tobacco (BATS) 5,049.00p 0.68%
GKN (GKN) 440.10p 0.62% FTSE 100 - Fallers Royal Bank of Scotland Group (RBS) 294.70p -1.80%
Antofagasta (ANTO) 1,025.50p -1.25%
BHP Billiton (BLT) 1,640.60p -1.17%
BP (BP.) 527.20p -1.03%
Anglo American (AAL) 1,770.40p -0.74%
Glencore (GLEN) 406.95p -0.63%
Rio Tinto (RIO) 4,147.00p -0.61%
Lloyds Banking Group (LLOY) 70.19p -0.58%
Pearson (PSON) 725.80p -0.49%
Paddy Power Betfair (PPB) 8,495.00p -0.41% FTSE 250 - Risers JD Sports Fashion (JD.) 398.30p 8.97%
Hunting (HTG) 641.50p 5.08%
Ashmore Group (ASHM) 443.00p 3.55%
Greggs (GRG) 1,333.00p 2.15%
SIG (SHI) 170.50p 2.10%
Coats Group (COA) 86.70p 2.00%
Dunelm Group (DNLM) 715.00p 2.00%
Bodycote (BOY) 1,003.00p 1.98%
Assura (AGR) 64.10p 1.91%
Sequoia Economic Infrastructure Income Fund Limited (SEQI) 113.00p 1.80% FTSE 250 - Fallers Provident Financial (PFG) 874.20p -4.98%
Spire Healthcare Group (SPI) 241.40p -2.11%
Kaz Minerals (KAZ) 946.80p -1.97%
RPC Group (RPC) 818.80p -1.94%
Synthomer (SYNT) 482.85p -1.42%
Vedanta Resources (VED) 943.40p -1.11%
Inchcape (INCH) 769.50p -1.03%
Rank Group (RNK) 241.50p -1.02%
Inmarsat (ISAT) 528.00p -1.01% |
| | 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 |
| | Europe Market Report |  | | FTSE 100 | Euronext | Dax perf | CAC 40 |  | | | | | | Europe open: Stocks edge higher after Japanese officials issue verbal intervention Stocks are edging higher thanks to pause in the single currency's recent rapid move higher after a Japan's finance minister cautioned overnight against "big swings" in foreign exchange markets. His comments led some analysts to wonder if at some point, or rather at which point, the European Central Bank might also take issue with the speed of gains in the euro just as rate-setters in Frankfurt were beginning to spy an exit from their programme of bond purchases. Against that backdrop, as of 0855 GMT the benchmark Stoxx 600 was higher by 0.15% or 0.60 points at 398.43, alongside a rise of 0.26% or 33.91 points to 13,234.42 on the German Dax and an advance of 0.08% or 4.55 points in the Cac-40. Meanwhile, euro/dollar was dipping 0.24% to 1.2237. Commenting on the price action in markets, Michael Hewson, chief market analyst at CMC Markets UK, said: "These changing expectations around the pace of stimulus withdrawal could well prove to be a headache for the ECB, given that the rise in the euro is likely to bear down on an already subdued headline inflation rate. The euro is already acting as a bit of a brake on the German DAX which has as yet been unable to get back to the highs it saw in November last year." Triggering the latest bout of volatility in FX markets, and in what was interpreted as a 'verbal intervention' by traders, overnight Japanese finance minister Taro Aso said he did not see problems with the then current level of the Japanese currency versus the US dollar, at 110.80. However, big swings would be problematic, Aso added. His remarks came on the back of four consecutive weeks of losses in the US dollar which had also served to push the single currency to a three year high. In terms of fresh economic data, the German Ministry of Finance reported that harmonised consumer prices in the euro area's largest economy rose by 0.8% on the month and 1.6% year-on-year in December, as expected. Similarly, ISTAT confirmed its preliminary estimate that at the end of 2017 Italian consumer prices advanced at a 0.3% clip month-on-month, despite which the annual rate of gains slipped to 1.0%. Later in the day, the Federal Reserve bank of New York will release its regional manufacturing gauge for the month of January. Making headlines in the corporate space, according to the Journal, Airbus chief Tom Enders accused the Trump administration of protectionism and criticised Boeing for taking advantage of such sentiments. Also in France, carmaker Peugeot posted a 15.4% jump in its global sales last year. Deutsche Bank and eight other lenders were accused in a lawsuit of conspiring to rig a Canadian rate benchmark. |
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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) | 205,144,888,985 | 11,726.47 | -13.82% |  | | 2 |  | Ethereum (ETH) | 106,883,353,341 | 1,054.29 | -19.54% |  | | 3 |  | Ripple (XRP) | 53,067,202,171 | 1.31 | -27.68% |  | | 4 |  | Bitcoin Cash / BCC (BCH) | 33,359,189,148 | 1,939.8 | -21.69% |  | |
| | 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 | | Tuesday newspaper round-up: Carillion fall-out, household debt, Brexit blow One in four of Britain’s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study. The latest evidence of mounting debt problems for some of the most vulnerable in society is shown in a report by the Institute for Fiscal Studies, on behalf of the Joseph Rowntree Foundation, with the poorest tenth of households more likely to be in net debt, owing more on plastic or on overdrafts and loans than they hold in savings. - Guardian Lenders to Carillion, including the state-backed Royal Bank of Scotland, are facing hundreds of millions of pounds in losses after the contractor crashed into liquidation yesterday. Thirteen banks, led by the high street lenders RBS, Barclays, Lloyds, HSBC and Santander, extended an estimated £1.6 billion in debt to Carillion that they will hope to recover through the liquidation. The debt is on top of the construction and support services group's pension liability of almost £600 million. - The Times Troubled outsourcing company Carillion has collapsed owing up to 30,000 businesses around £1bn in unpaid costs, with many expected to go under themselves as a result. Banks which had lent to the contractor could also be exposed to up to £2bn of losses, in what is one of the most high-profile corporate collapses since the financial crisis. The value of the pound has risen above $1.38 for the first time since the Brexit referendum, thanks to a weakening dollar and rising hopes that other European Union members will seek a relatively "soft" Brexit. Sterling climbed to a high of $1.3819 yesterday afternoon, a rise of almost four cents since Thursday and a level not seen since the surprise EU referendum result caused the pound to plunge by 15 per cent. - The Times Theresa May has been hit with a double Brexit blow as the EU toughened up its terms for a transition period and Norway privately warned Brussels that giving in to the UK's demands for a "special" trade deal could force it to rip up its own agreements with the bloc. A leaked paper on Michel Barnier's demands for the transition period reveals that the EU plans to insist on the free movement of people throughout the transition period and the inclusion of people moving to the UK before 31 December 2020 in the terms of an agreement on rights for nationals from the rest of Europe post-Brexit. - Guardian Councils and businesses are continuing to charge consumers for credit card payments after a new law outlawing the practice came into effect on Saturday, it has emerged. Councils including Lambeth and Isle of Anglesey, and a range of businesses were wrongly charging cardholders for payments over the weekend, MoneySavingExpert.com found. - Telegraph Just a fifth of commuters have rated their train service as better than a year ago in a downbeat passenger survey carried out by consumer group Which? In spite of roughly £925m being spent on the railway last year and fares rising by an average of 3.4pc at the start of 2018, only 20pc said they had noticed an improvement. - Telegraph A war of words has broken out over plans to rely on Barclays' high-risk investment banking division to honour staff pension promises. Some former senior Barclays officials and pension fund members have angrily attacked the move, which they fear could prevent them receiving their full pensions. - The Times Spain is set to replace the United States as the world's second most popular tourism destination while France has retained the top spot, the UN World Tourism Organisation has said. It is expected that Spain will take the second position with 82 million visitors last year, UNWTO head Zurab Pololikashvili said. - Guardian Less than ten years ago, a banking crash made Iceland a symbol of the global crisis. Today, in a reversal of fortune, house prices in Reykjavik are the fastest-growing in the world, rising 21.3 per cent in the year to September 2017, a survey of 150 cities monitored by Knight Frank. Home to only 216,000 people, it beat Toronto, Hong Kong and Budapest, all of which experienced soaring house prices in the past year. - The Times It may feel like there's already a Costa or Starbucks on every street corner, but the number of coffee shops still rose by 5.3 per cent last year and is forecast to keep growing. According to a report from Allegra Group, a consultancy, the number of stores increased by 1,215 to 24,061 over the past 12 months, while total sales in the sector increased by 7.3 per cent to £9.6 billion, despite dampened like-for-like growth. - The Times The government has been criticised by MPs for being slow to overhaul a "flawed and poorly resourced" safety regime for electrical white goods that has allowed 1m potentially dangerous tumble dryers to be in use in homes across the UK. The business, energy and industrial strategy select committee is also urging manufacturer Whirlpool to repair faulty machines within two weeks of being contacted by owners, or explain what action it plans to take to deal with the problem. - Guardian Airbus said overnight that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years. The European aerospace group had been banking on another big order from main client Emirates in November, but the Dubai-based airline decided instead to buy 40 of Boeing's Dreamliners. - Guardian | | | | To advertise in the Euro Markets Bulletin please contact advertise@advfn.com |
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