Thursday, July 6, 2017

MARKET UPDATE 06/07/2017

The FTSE 100 is called to open 2 points higher at 7369.
UK Gilt 10 Year Yield 1.258 Spot Gold $1225.29 -1.75 Brent Crude $48.25 +0.41
$ per £ 1.2941
€ per £ 1.1416
$ per € 1.1335
U.S. stock indexes were mixed Wednesday as energy companies skidded along with oil prices, but technology stocks rose and reversed a portion of their recent losses. The Standard  Poor's 500 index gained 3.53 points, or 0.1 per cent, to 2,432.54. The Dow Jones industrial average lost 1.10 points to 21,478.17. The Nasdaq composite picked up 40.80 points, or 0.7 per cent, to 6,150.86. The Russell 2000 index of smaller-company stocks fell 6.54 points, or 0.5 per cent, to 1,420.15. Ex divs of note HSV -11.2p , PNN -24.87p,  NXT -£1.05 +0.45p special.
PRESS COMMENTARY
FT mkt report picked up on broker research to suggest BRW could be consolidation target.
EasyJet’s McCall Is Said to Be ITV Top CEO Candidate: Guardian
Ten luxury apartments at the top of the Shard have still not been sold four years after Britain’s tallest building opened to the public, Times.
COMPANY NEWS
AB Foods says strong performance at Primark in 3Q has slightly improved its outlook for the full year.
Reckitt Benckiser now sees full-year like- for-like net revenue growth of around 2%, compared with its previous growth forecast of 3%, co. says in a statement.
Sodexo Expects FY2017-2018 Organic Rev. Growth of 2.5%-3%.
Novartis Gets EU Approval for Cosentyx Label Update.
IAG Fresh British Airways Strikes Announced to Coincide With t he Big Summer Getaway.
Great Portland Estates 1Q Shows Sustained London Tenant Demand.
Bovis Homes First-Half Trading In Line With Expectations.
EasyJet June Traffic Up 11.3%.
3i Infrastructure  Q'ly Trading statement: The portfolio overall continues to perform in line with expectations. Portfolio income totalled £20.8 million in the period. Non-income cash of £17.7 million was also received.
H&M to Almost Double Number of South Africa Stores.
Stolt-Nielsen Ltd. 2Q Net Pft $15.6M.

Just Eat Names Peter Plumb as CEO Starting September. Source Quilter Cheviot

No comments:

Post a Comment