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 |
Melrose Industries PLC | 526.6 | 7.6% |
DCC PLC | 5,595.0 | 3.6% |
Endeavour Mining PLC | 1,582.0 | 3.5% |
Intermediate Capital Group PLC | 2,042.0 | 2.2% |
BT Group PLC | 144.8 | 1.9% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
B&M European Value Retail S.A. | 347.9 | -8.1% |
Vistry Group PLC | 660.0 | -5.6% |
Convatec Group PLC | 239.6 | -3.7% |
Land Securities Group PLC | 548.5 | -3.4% |
Easyjet PLC | 524.4 | -2.3% |
Major World Indices | Price | % Chg | 1 Year |
UK 100 INDEX | 8,109 | 0.6% | 8.1% |
DOW JONES INDUS. AVG | 43,390 | -0.1% | 24.2% |
DAX INDEX | 19,189 | -0.1% | 20.5% |
NIKKEI 225 | 38,414 | 0.5% | 14.4% |
S&P/ASX 200 INDEX | 8,374 | 0.9% | 18.8% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 69.21 | 0.07% |
Brent Crude (ICE) | USD/bbl. | 73.37 | 0.10% |
Gold Spot | USD/t oz. | 2,623 | 0.4% |
Copper (Comex) | USd/lb. | 419 | 0.7% |
The UK 100 called to open +28 points at 8,137. The UK 100 looks set to open higher once again this morning, building on yesterdays gains.
Yesterday on Wall Street the Nasdaq advanced 0.6% to settle at 18,791.81, while the S&P added about 0.4% to close at 5,893.62. The Dow Jones fell 55.39 points, or 0.1%, to finish at 43,389.60.
The tech-heavy Nasdaq was spurred forward by a 5.6% pop in Tesla, elsewhere, Apple and Netflix
gained 1.3% and 2.8%, respectively, while Advanced Micro Devices surged 3%. In focus today will be the latest update from Nvidia.
Genuit Group reported a resilient performance despite challenging market conditions, with a strategic focus on enhancing productivity and margins. The company has successfully reduced debt and integrated recent acquisitions, while continuing to generate strong cash flow. As market conditions remain subdued, Genuit remains optimistic about future growth opportunities driven by government commitments to housebuilding and decarbonization.
GSK today announced positive headline results of GLISTEN, the ongoing global phase III clinical trial evaluating linerixibat, an investigational targeted inhibitor of the ileal bile acid transporter (IBAT), in adults with cholestatic pruritus (relentless itch) associated with primary biliary cholangitis (PBC), a rare autoimmune liver disease. GLISTEN met its primary endpoint, with linerixibat resulting in an improvement in itch, as demonstrated by a statistically significant reduction from baseline in monthly itch score over 24 weeks versus placebo.
Imperial Brands on Tuesday reported a 4.6% rise in adjusted operating profit, surpassing analyst expectations. Tobacco volumes for the year to 30 September declined 4%, while net revenues from next generation products (NGP) rose by 26.4% to £335 million. Imperial previously announced a 4.5% rise in annual dividend to 153.42p a share. For the new financial year, the Bristol-based company expects to deliver tobacco and next generation net revenue growth at low single-digit constant currency. It also sees adjusted operating profit close to the middle of its mid-single-digit range at constant currency.
No New Broker Comments
UK
Diploma
Imperial Brands
Petershill Partners
US
Medtronic
Walmart
Xpeng
UK
British Land Co
HICL Infastructure
Mitchells & Butlers*
Molton Ventures*
Ninety One
Rotork
Sage Group
Severn Trent
Softcat*
Britvic
Crest Nicholson
US
NIO
NVIDIA
Palo Alto Networks
Snowflake
G20 Meeting
EU Core Harmonized Index of Consumer Prices
US Building Permits
US Housing Starts
UK 100 companies going ex-dividend on 21st November 2024:
National Grid
Scottish Mortgage Investment Trust
Vodafone Group
DCC
UK 250 companies going ex-dividend on 21st November 2024:
Volution Group
BlackRock Greater Europe Inv Trust
Tate & Lyle
Urban Logistics REIT
RS Group
Empiric Student Property
Kainos Group
3i Infrastructure
Temple Bar Investment Trust
HICL Infrastructure
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.