(Alliance News) - Stock prices in London opened marginally higher on Monday, with the FTSE 100 managing to start above the 7,400 mark, as investors look ahead to the start of the highly anticipated G20 summit later this week. The FTSE 100 was up 10.00 points, or 0.1% at 7,417.50. The FTSE 250 was up 57.56 points, or 0.3%, at 19,382.16. The AIM All-Share was up 1.18 points, or 0.1%, at 934.25.The Cboe UK 100 index was up 0.4% at 12,574.39. The Cboe UK 250 was up 0.2% at 17,314.89, and the Cboe UK Small Companies was up 0.1% at 11,530.12.In European equities, the CAC 40 in Paris was up 0.3% and the DAX 30 in Frankfurt was flat. "In a week that is severely back-weighted, building to the much-anticipated G20 tete-a-tete between Donald Trump and Xi Jinping, the European markets nevertheless made the most of a quiet calendar to maintain June's gains," said Spreadex analyst Connor Campbell. On the London Stock Exchange, Admiral Group was the best blue-chip performer, up 2.0% after Barclays double-upgraded the insurer to Overweight from Underweight. At the other end of the large cap index, Carnival was the worst performer, down 1.7% after Barclays downgraded the cruise line operator to Equal Weight from Overweight.Last Thursday, Carnival shares sank after the company lowered its full-year earnings outlook. The stock fell 15% last week. BT Group was down 1.2% after Deutsche Bank cut the telecommunications provider to Sell from Hold. In the FTSE 250, Entertainment One was up 2.5% after Berenberg started coverage on the independent film and television content producer with a Buy rating. At the other end of the midcap index, Dixons Carphone was the worst performer, down 2.1% at 108.11 pence, after Goldman Sachs cut its price target on the stock to 130p from 148p.Last week, the mobile phone and electrical goods retailer warned that an increasingly changing UK mobile market will further hurt results in the new 2020 financial year. The stock dropped 12% last week. On AIM, MySale Group was down 40% after the retailer launched a strategic review to consider "all types of corporate activity", including options to raise additional capital to support ongoing restructuring and the sale of certain parts or the whole of the group, and de-listing of the company's shares from trading on AIM in London.US President Donald Trump on Sunday said he does not want to start a war with Iran. However, he warned that if it comes to a war then it will be "obliteration like you've never seen before" for the Islamic Republic.In an interview on NBC's "Meet The Press" on Sunday, Trump said that the only condition is that Iran can not have a nuclear weapon."I'm not looking for war and if there is, it'll be obliteration like you've never seen before," Trump said. "But I'm not looking to do that. But you can't have a nuclear weapon. You want to talk? Good. Otherwise you can have a bad economy for the next three years."Meanwhile, China and the US should work to reach a compromise in their trade dispute, Vice Minister of Commerce Wang Shouwen said in Beijing on Monday, days ahead of a planned meeting between the two country's presidents.Chinese and US trade teams are both preparing for negotiations following a phone call last Tuesday between Chinese President Xi Jinping and US President Donald Trump, Wang told a press briefing.Trump and Xi are set to meet later this week at the G20 summit in the Japanese city of Osaka.The Japanese Nikkei 225 index closed up 0.1%. In China, the Shanghai Composite closed up 0.2%, while the Hang Seng index in Hong Kong is up 0.1%.The pound was quoted at USD1.2726 on Monday, higher than USD1.2694 at the London equities close Friday.In a quiet economic calendar on Monday there is a German business sentiment index reading at 0900 BST.
UK earnings, trading statements calendar - next 7 days
Tuesday 8 November | |
3i Infrastructure PLC | Half Year Results |
Argentex Group PLC | Half Year Results |
Associated British Foods PLC | Full Year Results |
Aveva Group PLC | Half Year Results |
Beximco Pharmaceuticals Ltd | Full Year Results |
CNH Industrial NV | Q3 Results |
Coca-Cola HBC AG | Trading Statement |
DCC PLC | Half Year Results |
Direct Line Insurance Group PLC | Trading Statement |
Egdon Resources PLC | Full Year Results |
Hilton Food Group PLC | Trading Statement |
IMI PLC | Trading Statement |
Marks Electrical Group PLC | Half Year Results |
Oxford Instruments PLC | Half Year Results |
Persimmon PLC | Trading Statement |
Vaalco Energy Inc | Q3 Results |
Warehouse REIT PLC | Half Year Results |
YouGov PLC | Full Year Results |
Zoo Digital Group PLC | Half Year Results |
Wednesday 9 November | |
Aviva PLC | Trading Statement |
Bank of Ireland Group PLC | Trading Statement |
Biffa PLC | Half Year Results |
Conduit Holdings Ltd | Trading Statement |
Dignity PLC | Trading Statement |
Esken Ltd | Half Year Results |
FirstGroup PLC | Half Year Results |
Flutter Entertainment PLC | Trading Statement |
Gelion PLC | Full Year Results |
Georgia Capital PLC | Q3 Results |
Gym Group PLC | Trading Statement |
JD Wetherspoon PLC | Trading Statement |
ITV PLC | Trading Statement |
Marks & Spencer Group PLC | Half Year Results |
MaxCyte Inc | Q3 Results |
Norcros PLC | Half Year Results |
Picton Property Income Ltd | Half Year Results |
Smiths Group PLC | Trading Statement |
Smiths News PLC | Full Year Results |
Taylor Wimpey PLC | Trading Statement |
Tracsis PLC | Full Year Results |
Volex PLC | Half Year Results |
Watches of Switzerland Group PLC | Half Year Results |
Thursday 10 November | |
3i Group PLC | Half Year Results |
Allianz Technology Trust PLC | Q3 Results |
AstraZeneca PLC | Q3 Results |
Auto Trader Group PLC | Half Year Results |
B&M European Value Retail SA | Half Year Results |
Bank of Georgia Group PLC | Q3 Results |
ConvaTec Group PLC | Trading Statement |
Domino's Pizza Group PLC | Trading Statement |
Endeavour Mining PLC | Q3 Results |
Grafton Group PLC | Trading Statement |
Haleon PLC | Q3 Results |
Manolete Partners PLC | Half Year Results |
National Grid PLC | Half Year Results |
Nightcap PLC | Full Year Results |
Qinetiq Group PLC | Half Year Results |
Regional REIT Ltd | Trading Statement |
Renewi PLC | Half Year Results |
Spirent Communications PLC | Trading Statement |
Smoove PLC | Half Year Results |
Tate & Lyle PLC | Half Year Results |
TT Electronics PLC | Trading Statement |
Vistry Group PLC | Trading Statement |
Young & Co's Brewery PLC | Half Year Results |
WH Smith PLC | Full Year Results |
Friday 11 November | |
Beazley PLC | Half Year Results |
Permanent TSB Group Holdings PLC | Trading Statement |
TheWorks.co.uk PLC | Trading Statement |
Urban Logistics REIT PLC | Half Year Results |
Monday 14 November | |
Atalaya Mining PLC | Q3 Results |
Biome Technologies PLC | Trading Statement |
Cake Box Holdings PLC | Half Year Results |
Diversified Energy Co PLC | Trading Statement |
HgCapital Trust PLC | Q3 Results |
Informa PLC | Trading Statement |
Kainos Group PLC | Half Year Results |
MySale Group PLC | Full Year Results |
S4 Capital PLC | Q3 Results |
Totally PLC | Half Year Results |
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