| | | 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 edge lower as pound breaches $1.40; jobs data eyed London stocks edged lower in early trade on Wednesday as the pound breached the 1.40 level against the dollar, with investors wary ahead of the release of key jobs data. At 0830 GMT, the FTSE 100 was down 0.3% to 7,711.16, while the pound was up 0.2% versus the euro at 1.1406 and 0.3% firmer against the dollar at 1.4042. A stronger pound tends to dent the top-flight index as around 70% of its constituents derive most of their earnings from abroad. Average earnings, the claimant count and the ILO unemployment rate are all due at 0930 GMT. Spreadex analyst Connor Campbell said: "Sterling may have something of a workout this Wednesday, however, dependent on the state of the UK jobs report. With inflation pulling back to - an admittedly still high - 3.0% in December, it would be handy if the wage growth reading for the 3 months to the end of November beats the unchanged 2.5% forecast by analysts, therefore providing a slither of hope for those whose wages have been severely squeezed in the last few months. As for the other figures, the unemployment rate is expected to remain at 4.3%, with the claimant count change for falling from 5.9k in November to 2.3k in December." In corporate news, accounting software developer Sage retreated after it increased sales slightly below target in the first three months of its financial year as it invested "heavily" in sales training to allow sales to accelerate in coming months. Chile-focused miner Antofagasta was on the back foot after it said full-year copper production fell 0.7% to 704,300 tonnes, in line with guidance. Crest Nicholson slipped after reporting a rise in full-year pre-tax profit, with revenue and volumes edging up, as it announced that Patrick Bergin has been promoted to the role of chief executive officer with effect from 22 March. WH Smith fell as the retailer posted a drop in sales over the Christmas period, mostly on the back of a weaker performance from its high street stores. Polymetal was in the red as it reiterated its fourth-quarter production guidance and said there will be no special dividend for 2017. Morgan Advanced Materials was a little weaker after saying it expects changes to the US tax system to cut its US tax rate to between 28% and 29% from 30%. Mexico-based precious metals miner Fresnillo was higher after it reported record annual silver production in its fourth quarter production update, totalling 58.7 moz including Silverstream. Pub group Wetherspoon rallied as it said that year-to-date, underlying pre-tax profit is slightly ahead of its expectations. In broker note action, Marks & Spencer and Dixons Carphone were hit by downgrade to 'underperform' and 'neutral' at Credit Suisse. NMC Health was lower after a downgrade to 'neutral' at JPMorgan William Hill was boosted by an upgrade to 'hold' at HSBC, while Countrywide was up on the back of an upgrade to 'hold' at Berenberg. |
| 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) 7,711.16 -0.27% FTSE 250 (MCX) 20,645.18 -0.13% techMARK (TASX) 3,509.60 -0.66% FTSE 100 - Risers Fresnillo (FRES) 1,357.50p 1.69% 3i Group (III) 932.80p 1.35% Randgold Resources Ltd. (RRS) 7,132.00p 1.19% Anglo American (AAL) 1,743.00p 1.16% Just Eat (JE.) 810.40p 1.10% Old Mutual (OML) 239.70p 1.10% Glencore (GLEN) 394.55p 0.97% Mediclinic International (MDC) 631.80p 0.96% Direct Line Insurance Group (DLG) 370.50p 0.82% GKN (GKN) 439.00p 0.55% FTSE 100 - Fallers Sage Group (SGE) 786.00p -4.31% Marks & Spencer Group (MKS) 300.90p -2.24% Antofagasta (ANTO) 950.60p -1.70% Carnival (CCL) 4,860.00p -1.38% Rentokil Initial (RTO) 300.70p -0.99% Rolls-Royce Holdings (RR.) 868.20p -0.98% AstraZeneca (AZN) 5,054.00p -0.92% Smurfit Kappa Group (SKG) 2,598.00p -0.84% Halma (HLMA) 1,304.00p -0.76% Intertek Group (ITRK) 5,140.00p -0.73% FTSE 250 - Risers Wetherspoon (J.D.) (JDW) 1,313.00p 3.39% Investec (INVP) 559.96p 1.70% Caledonia Investments (CLDN) 2,870.00p 1.59% Hastings Group Holdings (HSTG) 306.60p 1.59% Sanne Group (SNN) 735.00p 1.52% William Hill (WMH) 302.60p 1.20% Kaz Minerals (KAZ) 890.60p 1.14% Cineworld Group (CINE) 489.20p 1.12% Ferrexpo (FXPO) 291.20p 1.08% Ocado Group (OCDO) 536.80p 1.05% FTSE 250 - Fallers WH Smith (SMWH) 2,086.00p -2.16% Dixons Carphone (DC.) 202.70p -2.12% Mitie Group (MTO) 181.90p -1.68% Purecircle Limited (DI) (PURE) 397.00p -1.37% Polymetal International (POLY) 853.20p -1.30% Wizz Air Holdings (WIZZ) 3,644.00p -1.22% Homeserve (HSV) 793.00p -1.18% Superdry (SDRY) 1,824.00p -1.03% IG Group Holdings (IGG) 772.50p -1.02% |
| Top of the stocks Number of Deals Bought Number of Deals Sold |
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| Cryptocurrencies Report | Top Cryptocurrencies # | Name | Market Cap($) | Price(%) | Change | Price Graph(3m) | 1 | | Bitcoin (BTC) | 187,600,414,802 | 10,958.5 | +1.39% | | 2 | | Ethereum (ETH) | 99,117,481,320 | 997.63 | +1.41% | | 3 | | Ripple (XRP) | 53,539,819,713 | 1.37 | +2.86% | | 4 | | Bitcoin Cash / BCC (BCH) | 28,257,914,766 | 1,634.51 | +1.41% | | |
| Atlantic Advisory - Share Tips of the Year 2018 | Download Our Latest Report Here Losses can exceed deposits |
| US Market Report | US close: Markets mixed as government reopens Wall Street finished mixed on Tuesday, after Senators from both sides of the aisle agreed on a temporary deal to end the three-day government shutdown, with a surge in Netflix stock propelling the tech-heavy Nasdaq gauge to a record high. The Dow Jones Industrial Average ended the session down 0.01% at 26,210.81, while the S&P 500 was ahead 0.22% at 2,839.13 and the Nasdaq 100 added 0.83% to 6,963.46. As expected, the Senate did agree a deal after the close of markets on Monday that would keep the government running up to 8 February. Helping to boost sentiment, strategists at Bank of America-Merrill Lynch raised their year-end 2018 target for the S&P 500 from 2,800 points to 3,000. "While 2017 saw building optimism, 2018 may be the year of euphoria," the strategists said in their report. "While valuations have overshot fair value, sentiment is likely to be the most important driver of returns ?' typical of late-stage bull markets." They added that pullbacks of at least 5% pullbacks historically occur three times per year, asserting that there could be an opportunity to buy the market 5-10% off its highs. In corporate news, shares of video streaming service provider Netflix surged for much of the session, pushing its valuation past $100bn for the first time as it touched a new 52-week high. Overnight, the company said it had signed up 8.33 million customers in the fourth quarter, beating expectations of 6.34 million, with its worldwide customer base now totalling 117.6 million. Its shares ended the session up 9.98%. Stock in Johnson & Johnson was moving lower on the other hand, losing 4.26% even after the healthcare and consumer goods giant posted fourth-quarter earnings and revenue that beat expectations. Verizon Communications finished down 0.41%, having earlier moved higher on the heels of its fourth-quarter numbers. Property and casualty insurer Travelers Companies was in focus, rising 5.03% after it posted a 42% drop in quarterly profit on the back of catastrophe losses from the California wildfires. Procter & Gamble fell 3.07% by end-of-play after the consumer group's quarterly earnings beat analysts' forecasts, though it was marginally up in after-hours action. Dow Jones - Risers Travelers Company Inc. (TRV) $146.23 4.96% General Electric Co. (GE) $16.89 4.45% International Business Machines Corp. (IBM) $166.25 2.24% Nike Inc. (NKE) $67.14 1.13% Cisco Systems Inc. (CSCO) $42.10 1.06% Merck & Co. Inc. (MRK) $61.70 0.73% Intel Corp. (INTC) $46.06 0.68% Unitedhealth Group Inc. (UNH) $245.24 0.68% United Technologies Corp. (UTX) $136.03 0.61% Wal-Mart Stores Inc. (WMT) $105.90 0.43% Dow Jones - Fallers Johnson & Johnson (JNJ) $141.83 -4.26% Procter & Gamble Co. (PG) $89.02 -3.09% Chevron Corp. (CVX) $131.02 -1.16% Caterpillar Inc. (CAT) $169.43 -0.85% Boeing Co. (BA) $335.59 -0.71% Walt Disney Co. (DIS) $110.41 -0.62% Goldman Sachs Group Inc. (GS) $260.09 -0.55% Verizon Communications Inc. (VZ) $53.22 -0.43% 3M Co. (MMM) $246.24 -0.40% American Express Co. (AXP) $97.99 -0.35% S&P 500 - Risers Mattel Inc. (MAT) $17.76 10.38% Netflix Inc. (NFLX) $250.29 9.98% Travelers Company Inc. (TRV) $146.23 4.96% Range Resources Corp. (RRC) $17.33 4.71% General Electric Co. (GE) $16.89 4.45% Macerich Co (MAC) $68.87 4.33% Southwestern Energy Co. (SWN) $5.55 4.33% Hasbro Inc (HAS) $94.56 4.07% H&R Block Inc. (HRB) $27.54 3.97% Hewlett Packard Enterprise (HPE) $16.70 3.86% S&P 500 - Fallers Frontier Communications Co. (FTR) $8.09 -5.16% SCANA Corp. (SCG) $41.16 -5.07% Johnson & Johnson (JNJ) $141.83 -4.26% Procter & Gamble Co. (PG) $89.02 -3.09% Allstate Corp (The) (ALL) $101.25 -3.05% TripAdvisor Inc. (TRIP) $36.30 -2.42% Discovery Communications Inc. Class A (DISCA) $25.70 -2.39% Discovery Communications Inc. Class C (DISCK) $24.50 -2.35% Freeport-McMoRan Inc (FCX) $19.55 -2.20% Progressive Corp. (PGR) $57.05 -2.01% Nasdaq 100 - Risers Netflix Inc. (NFLX) $250.29 9.98% Hasbro Inc (HAS) $94.56 4.07% Vertex Pharmaceuticals Inc. (VRTX) $166.58 2.88% Lam Research Corp. (LRCX) $215.07 2.81% Amazon.Com Inc. (AMZN) $1,362.54 2.65% Micron Technology Inc. (MU) $43.95 2.50% Priceline Group Inc (PCLN) $1,962.94 2.46% Nvidia Corp. (NVDA) $238.91 2.23% Facebook Inc. (FB) $189.35 2.15% Align Technology Inc. (ALGN) $272.16 1.89% Nasdaq 100 - Fallers Ctrip.Com International Ltd. Ads (CTRP) $44.83 -2.84% Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $228.79 -2.65% Mylan Inc. (MYL) $46.85 -1.66% Take-Two Interactive Software Inc. (TTWO) $116.81 -1.34% Liberty Global plc Series A (LBTYA) $37.16 -1.14% CSX Corp. (CSX) $57.10 -1.09% Comcast Corp. (CMCSA) $42.44 -1.05% Illumina Inc. (ILMN) $242.94 -0.92% Liberty Global plc Series C (LBTYK) $35.30 -0.81% |
| 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 | Wednesday newspaper round-up: Markets warning, UK defence review, Brexit, Apple Stock markets are failing to price risks correctly, leading bankers and investors have warned. “Equity markets are at an all-time high. Volatility at an all-time low. That is not a sustainable position,” Jes Staley, chief executive of Barclays, said at the annual meeting of the World Economic Forum in Davos. - The Times Gavin Williamson has been given another five months to make the case for increased military funding and avoid sweeping cuts, after Downing Street announced a new defence review. The Ministry of Defence will now take control of the new review, in a move likely to be seen as a victory after lobbying by the Defence Secretary. - Telegraph A ban on using credit cards for online gambling and a mandatory levy on gambling firms to fund addiction treatment are among last-minute recommendations submitted as part of a government review of gambling regulation. As a consultation by the Department for Digital, Culture, Media and Sport (DCMS) drew to a close, ministers faced calls to introduce concrete measures to tackle the "hidden addiction" suffered by the UK's estimated 430,000 problem gamblers. - Guardian France is to offer language lessons to London-based bankers and their families in its latest ploy to lure business from the UK capital to Paris after Brexit. Paris will beef up bilingual schools for children of "impatriates" when they arrive as well as opening a special English-speaking hotline to help them navigate the confusing French education system. - Telegraph Apple shipped fewer iPhone X handsets than expected last year, according to estimates, adding to speculation that the company could phase out the smartphone model before the end of the year. Apple sent out 29 million iPhone Xs in the final quarter of 2017, below investors' expectations of 30 million to 35 million, according to figures published by Canalys, a market research provider. - The Times Silicon Valley billionaire Marc Benioff has compared the current crisis of trust facing the tech giants to the financial crisis of a decade ago, urging regulators to wake up to the threat from Google, Facebook, and the other dominant firms. The outspoken entrepreneur accused some of the industry's most influential bosses of "abdicating responsibility" and being ignorant to how powerful and sophisticated they had become. Regulators now had "have no choice" but to intervene, he said. - Telegraph Theresa May is creating a new national security unit to counter "fake news" and disinformation spread by Russia and other foreign powers, Downing Street has announced. The Prime Minister's official spokesman said the new national security communications unit would build on existing capabilities and would be tasked with "combating disinformation by state actors and others". - Telegraph Donald Trump's decision to impose a tariff on imported solar panels will cost the US solar industry about 23,000 jobs this year and risks slowing the growth of clean energy that would help address climate change, renewable energy advocates warned. Trump has imposed a 30% tariff on foreign-made solar cells and modules, with the White House expressing alarm at a huge rise in imported components "spurred on by artificially low-priced solar cells and modules from China". - Guardian Eleven countries that have been trying to forge an Asia-Pacific trading alliance finally agreed a revised deal yesterday, despite President Trump pulling out of talks. The Trans-Pacific Partnership brings together Canada, Australia, Japan, New Zealand and Singapore. Brunei, Chile, Malaysia, Mexico, Peru and Vietnam are also involved in the agreement, which is expected to be given final approval in March at a ceremony in Chile. - The Times New York City on Tuesday sued the makers of prescription painkillers such as OxyContin, Percocet and fentanyl that have played a central role in the opioid crisis killing tens of thousands across the nation. The mayor of New York, Bill de Blasio, and his wife Chirlane McCray, who leads the city's efforts on mental health and drug addiction, announced a $500m lawsuit "to hold manufacturers and distributors to account", filed in New York state supreme court. - Guardian The independent accountant chosen by Barclays to rule on its controversial ringfencing plan and the effect on 200,000 pension fund members previously had been in charge of the team advising the disgraced businessman Dominic Chappell on buying BHS for £1. Mark Byers, head of restructuring at Grant Thornton, was criticised by MPs over the BHS debacle, which left former staff of the department stores group facing threats to their pensions until Sir Philip Green, the former owner, was pressured into making amends. - The Times Taxpayer-owned RBS is ditching the London headquarters from which disgraced former boss Fred Goodwin ran his bloated banking empire prior to the financial crisis. The building in the City at 280 Bishopsgate will be vacated over the next two years and then sold off - and many employees will move a just a few doors down to 250 Bishopsgate. - Telegraph Boris Johnson is not the only one with ambitions for a bold new bridge. Yesterday the Democratic Unionist Party called for a link over the Irish Sea joining Scotland and Northern Ireland. Leading figures in the party, which has a confidence and supply agreement with the Conservatives, revived calls for a 25-mile bridge or tunnel between Portpatrick in Dumfries and Galloway and Larne in Co Antrim. - The Times | | To advertise in the Euro Markets Bulletin please contact advertise@advfn.com |
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