Advertisement
UK markets open in 6 hours 9 minutes

  • NIKKEI 225

    38,284.69
    +732.53 (+1.95%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.44
    +0.08 (+0.10%)
     

  • GOLD FUTURES

    2,334.90
    -7.20 (-0.31%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,591.70
    -91.57 (-0.17%)
     

  • CMC Crypto 200

    1,431.46
    +16.70 (+1.18%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

BUZZ-Top of the Street: Air France-KLM, EssilorLuxottica, Tullow Oil

Reuters - UK Focus

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** Morgan Stanley cuts Air France-KLM to "equal-weight" following "strong" YTD performance, says shares now reflect settled labour relations and improved strategic clarity

** EssilorLuxottica: MS downgrades to "equal-weight" pointing to short-term uncertainties around management and operating environment

** JP Morgan cuts Meggitt's to "neutral" on valuation grounds and PT following co's guidance for slightly weaker than it expected margin progression in 2019

** Jefferies says Tullow Oil needs new material, commercial asset to drive the stock; downgrades to "hold"

ADVERTISEMENT

** 5-star rated Berenberg ups Freenet to "hold" seeing its shares cheap trading on a 9% div. yield, but also flags up that co's fundamental case needs better visibility

(*Analyst rankings from Thomson Reuters StarMine. Scale is from 1-star to 5-star with 5 being best. Analysts ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)