Phone 0151 236 8200
Fax 0151 243 3535
Member of the London Stock Exchange. Authorised and Regulated by The Financial Conduct Authority : No. 143694
Phone
0151 236 8200
Fax
0151 243 3535
Making Investment Simple
MARKET REPORT
Monday 4th January 2016
Blankstone Sington has provided investment management and financial advice in Liverpool since 1976. We pride ourselves on making investment simple and
offering bespoke investment solutions for private clients, trusts and charities. We offer a wide range of services including Discretionary and Advisory Management,
Traditional Stockbroking and our AIM Inheritance Tax Portfolio.
OVERNIGHT FEATURES
DJ INDUSTRIAL
S&P 500
NASDAQ
NIKKEI 225
HK HANG SANG
-178.84
-19.42
-58.43
-582.73
-587.28
17425.03
2043.94
5007.41
18450.98
21327.12
CURRENCY
GOLD
BRENT CRUDE
10 YR GILT YIELD
£=$
1.4756
€=£
0.7411
$1,069.80
$37.39
1.89%
MARKET HEADLINES
Global markets ended 2015 on a dissapointing note with The FTSE100 down 5% on the year , whilst Dow Jones and S&P 500 fell 2% and
0.3% respectively.
European stocks fell in early trade today after a rout in Chinese equities rekindled concern that the nation’s economic slowdown will
hamper the global recovery. Chinese stock markets tumbled 7% in their opening session of 2016 on Monday as weak factory activity
surveys and falls in the yuan added to concerns about the struggling economy, forcing exchanges to suspend trade for the first time.
Oil gained for a second day as Saudi Arabia cut ties with Iran a day after its embassy in Tehran was attacked to protest the Saudis’
execution of a prominent Shiite cleric. Futures rose as much as 3.5% in New York, extending Thursday’s 1.2% advance.
COMPANY NEWS
Cairn Energy
52 week range
133.60p-210.00p
+7.80
165.6p
Shares advanced in early deals after it revealed the success of an
appraisal well, offshore Senegal. The oil firm told investors that SNE-2
had encountered high quality ‘pay’ (12 metres) which flowed at a
constrained rate of 8,000 barrels per day.
Debenhams
52 week range
68.00p-96.80p
-0.80
72.45p
The department store chain has held talks with former Kingfisher Chief
Executive Ian Cheshire about joining its board, the Financial Times
reported.
Grainger
52 week range
183.60p-256.00p
+6.30
239.1p
The company said it has agreed with Turbo Group Holdings to sell its
Equity Release division for a total consideration of £325m, including
debt. Grainger said the sale of its retirement products unit to Turbo will
allow it to focus on its residential lettings business.
Man Group
52 week range
138.60p-217.80p
-1.90
173.6p
The group has hired former Moore Capital Management LP money
managers Rory Hill and Ben Lynch as portfolio managers. Hill and Lynch
have joined the GLG unit of Man Group that uses fundamental analysis
to bet across asset classes, according to a spokeswoman for the firm.
RSA Insurance Group
52 week range
390.50p-528.00p
-11.00
415.4p
The group has completed the sale of its business in Italy to ITAS Mutua
following the receipt of regulatory approval. RSA had announced the
agreement in October 2015.
Shire
52 week range
4082.00p-5870.00p
-127.0
4571p
The company is in advanced talks to acquire US-based Baxalta for
around $32bn in cash and shares, with a deal potentially set to be
announced later this week, Bloomberg reported.
BS
COMPANY RESULTS
No major results
MAJOR ECONOMIC RELEASES
BS
Caixin China PMI Mfg (DEC)
GMT
Actual
Forecast
Prev
01:45
48.2
48.9
48.6
UK Net Consumer Credit (NOV)
09:30
-
3.6B
1.2B
UK Mortgage Approvals (NOV)
09:30
-
69.8K
69.6K
German Consumer Price Index (YoY) (DEC P)
13:00
-
0.6%
0.4%
US ISM Manufacturing (DEC)
15:00
-
49
48.6
YESTERDAY'S HIGHLIGHTS
UK Main Market Winners
UK Mid Cap Winners
Top 3 UK Sectors
Vodafone Group
+1.61% Evraz
+3.75% Industrial Metals
+2.90%
Sport Direct International
+1.32% Circassia Pharmaceuticals
+3.33% Mobile Telecommunications
+1.44%
Rio Tinto
+1.05% Acacia Mining
+2.86% Fixed Line Telecommunications
+0.26%
UK Main Market Losers
UK Mid Cap Losers
Bottom 3 UK Sectors
Smiths Group
-1.88% Genus
-3.84% Gas, Water & Multiutilities
-1.72%
Coca-Cola
-1.70% Ocado Group
-3.46% Electronic & Electrical Equipment
-1.59%
TUI AG
-1.46% Morgan Advanced Materials
-2.90% Forestry & Paper
-1.48%
Information contained within this document is believed to be correct but cannot be guaranteed.
Opinions constitute our judgement as of this date and are subject to change.
This document is not intended as an offer or solicitation to buy or sell securities.