Getting latest data loading
Home / Morning Report / Morning Report – 12th February 2024

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Morning Report - 12 February 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Smith (Ds) PLC 316.2 2.5%
Entain PLC 1,010.5 2.4%
Pershing Square Holdings LTD 3,942.0 1.9%
Convatec Group PLC 239.0 1.9%
Persimmon PLC 1,400.5 1.7%
Yesterday’s UK 100 Laggards Price (p) % Chg
Land Securities Group PLC 628.4 -3.4%
Fresnillo PLC 476.7 -3.4%
Legal & General Group PLC 233.8 -3.1%
Glencore PLC 385.1 -3.0%
British American Tobacco PLC 2,421.0 -2.5%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,573 -0.3% -3.9%
DOW JONES INDUS. AVG 38,672 -0.1% 14.2%
DAX INDEX 16,927 -0.2% 10.6%
NIKKEI 225 36,897 0.1% 33.3%
S&P/ASX 200 INDEX 7,615 -0.4% 2.4%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 76.53 -0.40%
Brent Crude (ICE) USD/bbl. 81.87 -0.39%
Gold Spot USD/t oz. 2,024 0.0%
Copper (Comex) USd/lb. 367 -0.3%
The UK 100 called to open +15 points at 7,588

1 Day; 2 Years

Click graph to enlarge

Markets Overview:

The UK 100 called to open +15 points at 7,588.  The UK 100 looks set to start the week on the front foot, this comes despite a mixed session overnight in Asia.  Stocks rose in the US on Friday after Decembers revised inflation figure came in lower than first reported, and the S&P 500 closed above the key 5,000 level as strong earnings and economic news chugged on.  The S&P rose 0.57% to end at 5,026.61, while the Nasdaq rallied 1.25% to close at 15,990.66. The Dow Jones slipped 54.64 points, or 0.14%, to settle at 38,671.69.

 

 

Company News & Broker Comments:

Company News:

Galliford Try have been appointed to a new £3.2bn affordable homes framework, wins place on lot 2.

 

GSK’s bepirovirsen drug gets US FDA fast track designation for chronic hepatitis B treatment.

 

SSP Group agrees to acquire 100% of Australian airport operator Airport Retail Enterprises.

 

 

Broker Comments:

No new broker comments

Reporting Today:

UK

 

None

 

US

 

Arista Networks

 

Reporting Tomorrow:

UK

 

TUI

 

US

 

Coca-Cola

Airbnb

Shopify

Upstart Holdings

 

 

In Focus Today:

BoE’s Governor Bailey speech

US Monthly Budget Statement

 

 

This Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 15th February 2024:

 

Imperial Brands

BP

Shell

Pershing Square Holdings

 

 

UK 250 companies going ex-dividend on 15th February 2024:

 

 

NextEnergy Solar Fund

Greencoat UK Wind

UK Commercial Property REIT

Murray Income Trust

Impax Environmental Markets

ICG Enterprise Trust

Balanced Commercial Property Trust

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.


Back to Top

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.