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 |
| Smiths Group PLC | 1,681.0 | 10.5% |
| Vodafone Group PLC | 69.1 | 3.0% |
| Standard Chartered PLC | 945.0 | 2.3% |
| Fresnillo PLC | 633.5 | 1.7% |
| Diploma PLC | 4,594.0 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Intermediate Capital Group PLC | 2078.0 | -7.2% |
| DCC PLC | 5455.0 | -3.8% |
| Convatec Group PLC | 256.4 | -3.0% |
| Segro PLC | 754.8 | -2.8% |
| BAE Systems PLC | 1344.5 | -2.7% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,030 | 0.1% | 8.1% |
| DOW JONES INDUS. AVG | 43,958 | 0.1% | 28.0% |
| DAX INDEX | 19,003 | -0.2% | 23.8% |
| NIKKEI 225 | 38,722 | -1.7% | 18.4% |
| S&P/ASX 200 INDEX | 8,193 | -0.8% | 16.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 68.43 | 0.46% |
| Brent Crude (ICE) | USD/bbl. | 72.03 | 0.19% |
| Gold Spot | USD/t oz. | 2,573 | -1.0% |
| Copper (Comex) | USd/lb. | 408 | -1.3% |
Click graph to enlarge
The UK 100 called to open -7 points at 8,023. The UK 100 looks set to open slightly lower this morning, the slight drop follows a steady session for the UK’s blue-chip index after a difficult session on Tuesday.
On Wall Street yesterday, the S&P inched higher by 0.02% to close at 5,985.38, while the Dow Jones ticked up 47.21 points, or 0.11%, to 43,958.19. The blue-chip index added as much as 230 points earlier on Wednesday. The Nasdaq ended the day with a 0.26% decline and closed at 19,230.74, this comes after CPI data released yesterday saw a rise to 2.6%, matching the forecast estimate from economists.
Aviva posted a 15% rise in general insurance gross written premiums for the first nine months of the year to £9.1 billion ($11.54 billion) on Thursday and said it was confident of meeting its group targets. The life, motor and home insurer, whose main businesses are in Britain, Canada and Ireland, also reported a 67% rise in retirement sales to £7.3 billion, helped by strong performance in bulk annuities, insurance for defined benefit pension schemes.
Burberry‘s CEO Joshua Schulman announced a turnaround strategy for the struggling British luxury brand on Thursday, as sales continued to slide in its second quarter. Burberry suspended its dividend for 2025 and announced a £40 million ($50.73 million) cost savings programme. Schulman said the brand needed to focus back on outerwear and its core customer. Sales in Burberry’s second quarter ending Sept. 28 fell at the same pace as the first, with revenue for the first half down 20% in constant currency.
Premier Foods reported higher half-year revenue on Thursday, driven by continued growth in its grocery business and brands such as Mr Kipling, Nissin and The Spice Tailor. Headline branded revenue rose 6.8% in the period, as cooling inflation helped boost consumer spending. They posted headline revenue of £498.7 million ($632.50 million) for the 26 weeks ended Sept. 30, up from £476.7 million a year earlier.
United Utilities reported a more than two-fold rise in first-half profit on Thursday, supported by pricier consumer bills.
No New Broker Comments
UK
Aviva
B&M European Value Retail
Burberry Group
FirstGroup
Great Portland Estates
Keller Group
Kier Group
Premier Foods
QinetiQ Group
Spirax Group
Syncona
United Utilities Group
WH Smith
US
JD.com
The Walt Disney Co
Applied Materials
UK
Land Securities
US
Alibaba Group Holding
EU Employment Change
EU Gross Domestic Product
Fed’s Kugler speech
ECB Monetary Policy Meeting Accounts
US Initial Jobless Claims
US Producer Price Index
Fed’s Chair Powell speech
BoE’s Governor Bailey speech
Fed’s Williams speech
UK 100 companies going ex-dividend on 14th November 2024:
Pershing Square Holdings
Bunzl
GSK
Shell
Sainsbury (J)
UK 250 companies going ex-dividend on 14th November 2024:
ICG Enterprise Trust
Fidelity Emerging Markets
Schroder Oriental Income Fund
Greencoat UK Wind
Baillie Gifford Japan Trust
C&C Group
Target Healthcare REIT
Lancashire Holdings
Murray Income Trust
Scottish American Investment Company
PRS REIT
NextEnergy Solar Fund
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.