Getting latest data loading
Home / Morning Report / Morning Report – 5th April 2024

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

Morning Report - 5 April 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Antofagasta PLC 2,180.0 3.8%
Entain PLC 786.4 3.6%
Anglo American PLC 2,110.5 3.1%
Natwest Group PLC 280.6 2.9%
Mondi PLC 1,413.0 2.9%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Ocado Group PLC 418.9 -4.6%
St. James’s Place PLC 447.8 -2.6%
Admiral Group PLC 2,634.0 -2.2%
Convatec Group PLC 287.0 -2.2%
Intercontinental Hotels Group PLC 7,960.0 -1.8%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,976 0.5% 4.1%
DOW JONES INDUS. AVG 38,597 -1.4% 15.3%
DAX INDEX 18,403 0.2% 18.6%
NIKKEI 225 38,992 -2.0% 40.2%
S&P/ASX 200 INDEX 7,773 -0.6% 7.4%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 86.88 0.33%
Brent Crude (ICE) USD/bbl. 91.09 0.49%
Gold Spot USD/t oz. 2,279 -0.5%
Copper (Comex) USd/lb. 420 -1.1%
The UK 100 called to open -75 points at 7,900.

4 Hours; 6 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open -75 points at 7,900.  The UK 100 looks set to open sharply lower this morning ahead of todays Non Farm payrolls data.  This comes on the back of Hawkish comments from some US monetary policy makers and a rise in oil prices.  On Wall Street yesterday, all three major averages took a sharp downturn late in the session, falling more than 2% off their intraday highs. Between its highs and lows of the day, the Dow swung more than 860 points.  The Dow Jones lost 530.16 points, or 1.35%, to close at 38,596.98, its worst session since March 2023, and it logged its fourth consecutive losing day. The S&P dropped 1.23% to end at 5,147.21. The Nasdaq dipped 1.40% to close at 16,049.08.  In Asia this morning, the Nikkei 225 in Tokyo lost 2.1%, while the Hang Seng Index in Hong Kong was down 0.1%. Financial markets in Shanghai were closed. In Sydney, the S&P/ASX 200 fell 0.6%.

 

 

Company News & Broker Comments:

Company News:

Shell said on Friday that first-quarter trading results for its integrated gas division are expected to be significantly lower than the fourth quarter.  The oil company expects to take an exploration write-off of about $600 million, mainly in Albania in the first quarter, it said in an update ahead of results due on May 2.

 

Broker Comments:

No new Broker Comments

Reporting Today:

UK

 

None

 

US

 

None

 

Reporting Monday:

UK

 

Ferrexpo

 

US

 

None

 

 

In Focus Today:

German Factory Orders n.s.a.

EU Retail Sales

US Average Hourly Earnings

Nonfarm Payrolls

US Unemployment Rate

 

 

Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 11th April 2024:

 

Phoenix Group Holdings

Aviva

Lloyds Banking Group

Smurfit Kappa Group

Reckitt Benckiser Group

Howden Joinery Group

Barratt Developments

F&C Investment Trust

 

 

UK 250 companies going ex-dividend on 11th April 2024:

 

 

TP ICAP Group

ITV

Harbour Energy

International Public Partnerships

Man Group

Grafton Group

Supermarket Income REIT

Savills

Mercantile Investment Trust

Just Group

Hunting

Balanced Commercial Property Trust

Softcat

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.
.