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 |
Anglo American PLC | 2,311.0 | 7.9% |
Antofagasta PLC | 1,495.5 | 6.2% |
Rio Tinto PLC | 5,599.0 | 3.7% |
Glencore PLC | 457.7 | 3.6% |
Intercontinental Hotels Group PLC | 6,304.0 | 3.1% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Tesco PLC | 279.6 | -2.2% |
Pearson PLC | 919.6 | -1.9% |
Ocado Group PLC | 594.2 | -1.0% |
Hargreaves Lansdown PLC | 712.2 | -0.9% |
Legal & General Group PLC | 227.5 | -0.8% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,529 | 1.0% | -0.4% |
DOW JONES INDUS. AVG | 36,246 | 0.8% | 5.3% |
DAX INDEX | 16,398 | 1.1% | 12.9% |
NIKKEI 225 | 33,231 | -0.6% | 19.6% |
S&P/ASX 200 INDEX | 7,125 | 0.7% | -2.4% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 73.43 | -0.86% |
Brent Crude (ICE) | USD/bbl. | 78.14 | -0.94% |
Gold Spot | USD/t oz. | 2,071 | 0.0% |
Copper (Comex) | USd/lb. | 387 | -1.7% |
The UK 100 called to open -30 points at 7,499. The UK 100 is expected to edge lower on Monday after a slow start to the week in Asia. On Friday. The S&P soared to a closing high for 2023, extending November’s rally into the new month. The broad market index rose by 0.59%, ending the session at 4,594.63. The tech-heavy Nasdaq advanced 0.55% to end the week at 14,305.03. The Dow Jones added 294.61 points, or 0.82%, to close at 36,245.50.
BT Group: JP Morgan names BT Group among their Telecom ‘Top Picks’ for 2024 (7 Buys / 3 Holds / 2 Sells)
Capita agrees to sell 75% stake in Fera Science to Bridgepoint for £60m.
Compass Group enter into an agreement with BNP to enable a $250m share buyback.
ITM Power expects £7.5m H1 revenue and are “well on track” for FY24 goal of £10-18m. They expect a £22-23.5m H1 adjusted EBITDA loss, which is at the lower end of £44-55m FY target loss.
Ryanair’s November traffic increased 4% YoY to 11.7m up from 11.2m passengers.
Wizz Air carries 4.8m passengers in November, up 29% YoY with a load factor of 88%.
Barclays Upgrades DS Smith to Overweight from Equal Weight (6 Buys / 3 Holds / 0 Sells)
Deutsche Bank Downgrades Wizz Air to Sell from Hold (10 Buys / 8 Holds / 1 Sell)
HSBC Upgrades Softcat to Buy from Hold (6 Buys / 4 Holds / 1 Sell)
Jefferies Downgrades Future Plc to Underperform from Hold (7 Buys / 1 Hold / 1 Sell)
JP Morgan Upgrades Rolls-Royce to Overweight from Neutral (7 Buys / 7 Holds / 0 Sells)
UK
SDCL Energy Efficiency Income Trust
US
None
UK
Ashtead Group
Discoverie Group
Moonpig Group
SSP Group
US
Signet Jewelers
Asana
MongoDB
German Trade Balance s.a.
EU Sentix Investor Confidence
US Factory Orders
Tokyo Consumer Price Index
UK 100 companies going ex-dividend on 7th December 2023:
Next
JD Sports Fashion
UK 250 companies going ex-dividend on 7th December 2023:
Ninety One
Investec
SDCL Energy Efficiency Income Trust
Energean
JLEN Environmental Assets Group
Assura
LXi REIT
Intermediate Capital Group
Pets At Home Group
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.