This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Scotland votes ‘No’ to independence
UK Index Global Markets – 19 Sept 2014
http://www.UK Index globalmarkets.com/news/scotland-votes-no-to-independence.html
DJ Exposure To Scotland Helps This Morning — Market Talk
DowJones – 19 Sept 2014
Stocks with clear Scottish links are among the top UK Index performers Friday. Mike van Dulken head of research at Accendo Markets says, “(those with) Exposure to financials and the North Sea are the biggest winners as might be expected, given that these made up such a big part of the referendum discussion. He notes that RBS, Lloyds, Aberdeen Asset Management, Standard Life, Petrofac, Wood Group, Babcock International, Aggreko, Weir Group, First Group and SSE are delivering some of the best gains so far on Friday for traders. RBS is the top UK 100 riser, up 3.5%.
Pound and bank shares rally ahead of Scottish referendum result – business live
Guardian – 18 Sept 2014
http://www.theguardian.com/business/blog/live/2014/sep/18/federal-reserve-gold-price-dollar-greece-business-live
easyJet increases dividend payout by 20%, orders 27 new jets
WBP Online – 18 Sept 2014
http://wbponline.com/Articles/View/35720/easyjet-increases-dividend-payout-by-20-orders-27-new-jets
easyJet flags higher dividends, buys more planes
Reuters – 18 Sept 2014
http://uk.reuters.com/article/2014/09/18/uk-easyjet-dividend-idUKKBN0HD0I620140918
UK 100 : This morning’s risers and fallers
Your Money – 18 Sept 2014
http://www.yourmoney.com/your-money/news/2370905/UK Index -100-this-mornings-risers-and-fallers
UK Index ’s Scottish stocks higher
Financial Times – 18 Sept 2014
http://www.ft.com/cms/s/0/5d4bbc18-3f08-11e4-a861-00144feabdc0.html
Soaring fortunes prompt easyJet to announce increased dividend of 40 per cent as it confirms future fleet expansion plans
This is Money – 18 Sept 2014
http://www.thisismoney.co.uk/money/news/article-2760905/Soaring-fortunes-prompt-easyJet-announce-increased-dividend-40-cent-confirms-future-fleet-expansion-plans.html
Currency issues and restrained government defence spending contribute to 11 per cent pretax profit slump at Smiths
This is Money – 17 Sept 2014
http://www.thisismoney.co.uk/money/markets/article-2759395/Currency-issues-restrained-government-defence-spending-contribute-11-cent-pretax-profit-slump-Smiths.html
UPDATE: Smiths Group Leads UK 100 Losers As Profit Hit By Sterling – See more at:
Morningstar – 17 Sept 2014
http://www.morningstar.co.uk/uk/news/AN_1410942124233415200/update-smiths-group-leads-UK Index -100-losers-as-profit-hit-by-sterling.aspx
UK Index edges up on speculation about dovish Fed
Reuters – 17 Sept 2014
http://uk.reuters.com/article/2014/09/17/uk-markets-stocks-UK Index -idUKKBN0HC0KU20140917
ASIA: CHINESE FOREIGN INVESTMENTS FALLS TO FOUR-YEAR LOW
liveCharts – 16 Sept 2014
http://www.livecharts.co.uk/share_prices/Asia–Chinese-foreign-investments-falls-to-fo-news22048810.html
Sector movers: ASOS, N Brown drag retail stocks lower
Digital Look – 16 Sept 2014
http://www.digitallook.com/cgi-bin/dlmedia/news.cgi?username=&ac=&view=full&story=22050464
US stocks tread water as Fed meeting gets underway
Proactive Investors – 16 Sept 2014
http://www.proactiveinvestors.co.uk/companies/market_reports/72290/us-stocks-tread-water-as-fed-meeting-gets-underway-0000.html
ASOS shares plunge on third profit warning
Independent – 16 Sept 2014
http://www.independent.co.uk/news/business/news/asos-shares-plunge-on-third-profit-warning-9735565.html
Asos issues yet another profit warning as shares dive
Evening Standard – 16 Sept 2014
http://www.standard.co.uk/business/business-news/asos-issues-yet-another-profit-warning-as-its-shares-dive-9735516.html
ASOS Could Become an Autumn Bargain says Accendo — Market Talk
DowJones – 16 Sept 2014
Troubled online retailer ASOS (ASC.LN) is a major struggler this morning after the company downgraded FY15 profit forecasts. “Not what investors want to hear from what was a darling among growth stories, after an already significant 70% rerating from all-time highs in March following a June profit warning blamed on strong GBP denting international sales,” says Mike van Dulken at Accendo Markets. Adds that maybe today’s fall will finally see interest kick in from those on the hunt for an Autumn bargain.
OECD cuts growth forecasts, as US factory output drops – business live
Guardian – 15 Spet 2014
http://www.theguardian.com/business/blog/live/2014/sep/15/stock-markets-and-oil-price-chinese-factory-data-oecd-business-live
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. Prepared by Michael van Dulken, Head of Research
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