This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Yesterday’s UK 100 Leaders | Price (p) | % Chg |
Fresnillo PLC | 556.0 | 5.2% |
Rightmove PLC | 533.0 | 4.7% |
Endeavour Mining PLC | 1,772.0 | 2.2% |
Admiral Group PLC | 2,716.0 | 2.0% |
Howden Joinery Group PLC | 716.8 | 1.9% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
St. James’s Place PLC | 649.6 | -1.8% |
BAE Systems PLC | 1,048.5 | -1.8% |
Astrazeneca PLC | 10,008.0 | -1.7% |
Entain PLC | 848.0 | -1.3% |
Burberry Group PLC | 1,510.5 | -1.2% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,468 | -0.3% | -0.2% |
DOW JONES INDUS. AVG | 35,337 | -0.2% | 2.9% |
DAX INDEX | 16,000 | -0.2% | 10.0% |
NIKKEI 225 | 33,448 | -0.5% | 18.8% |
S&P/ASX 200 INDEX | 6,988 | -0.8% | -3.3% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 75.98 | 0.58% |
Brent Crude (ICE) | USD/bbl. | 80.96 | 0.47% |
Gold Spot | USD/t oz. | 2,010 | 0.5% |
Copper (Comex) | USd/lb. | 380 | -0.8% |
The UK 100 called to open -12 points at 7,448. The UK 100 looks set to open lower this morning after falls in US markets. Data this morning showed that UK shop price inflation fell for the sixth month in a row in November, hitting levels not seen since June 2022, should support the mood. Annual inflation decelerated to 4.3% in November, down from 5.2% in October, according to BRC-Nielsen Shop Price Index data. The Dow Jones lost 56.68 points, or 0.16%, to 35,333.47. The S&P shed 0.20% to 4,550.43. The Nasdaq edged lower 0.07% to 14,241.02.
Digital 9 Infrastructure have agreed to sell their stake in Verne Global for $575m as they seek to cut debt and boost their finances.
EasyJet reported 2023 earnings in line with analyst expectations after a strong year of robust travel demand and forward bookings, but the outlook for the coming year was slightly impacted by geopolitical uncertainty in the Middle East. Earnings before interest and tax for the financial year were reported at £476m.
Pets at Home report that their like-for-like retail growth came in at nearly 4% in the early week of Q3, as customers gear up for the Christmas season and continue to spend on their pets. Their underlying profit before tax was down 19.3% to £47.8m as they ramped up investments and grappled with higher logistics costs.
Rolls-Royce have set a target to deliver up to £2.8bn of operating profit in the medium term by increasing the margin on its civil aerospace business from 2.5% last year to 15-17%.
Barclays Upgrades Smith & Nephew to Equal-Weight from Underweight (8 Buys / 4 Holds / 0 Sells)
CitiGroup Upgrades B&M European Value Retail SA to Buy from Neutral (8 Buys / 4 Holds / 1 Sell)
Jefferies Upgrades Ashmore Group to Buy from Hold (2 Buys / 6 Holds / 1 Sell)
Morgan Stanley Downgrades Man Group to Equal-Weight from Overweight (7 Buys / 3 Holds / 1 Sell)
Morgan Stanley Upgrades Lloyds to Overweight from Equal-Weight (9 Buys / 4 Holds / 1 Sell)
UK
Pets at Home Group
Safestore Holdings
easyJet
US
CrowdStrike
Intuit
UK
Pennon Group
US
Snowflake
Synopsys
German Gfk Consumer Confidence Survey
US Housing Price Index
US Consumer Confidence
BoE’s Haskel speech
UK 100 companies going ex-dividend on 30th November 2023:
Severn Trent
3i Group
UK 250 companies going ex-dividend on 30th November 2023:
Diversified Energy Company
Bellway
Fidelity Special Values
Telecom Plus
Johnson Matthey
LondonMetric Property
AVI Global Trust
Temple Bar Investment Trust
FirstGroup
Hill & Smith
Alliance Trust
Caledonia Investments
Oxford Instruments
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.