This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Super-Mario delivers ahead of Greek election
Proactive Investor – 23 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/17669/super-mario-delivers-ahead-of-greek-election-17669.html
Sector movers: CRH, Balfour Beatty lift construction sector
Sharecast – 23 Jan
http://www.sharecast.com/news/sector-movers-crh-balfour-beatty-lift-construction-sector/22419399.html
CRH Shares Trade at Six-Month Highs — Market Talk
Dow Jones – 23 Jan
Shares of building materials company CRH pop 2.7% higher to 1683p, topping the UK 100 , following news it is in discussions to buy assets from Lafarge and Holcim ahead of the two cement companies’ proposed $43 billion merger. Mike van Dulken at Accendo markets says this transaction would be significant, bolstering CRH’s presence thanks to overlapping businesses allowing for simple integration with existing operations. Adds that “the risk of course is that it overpays.” Shares trade at June 2014 highs.
City Link collapse helps Royal Mail deliver strong Christmas trading update with UK parcel deliveries up 3%
This is Money – 22 Jan
http://www.thisismoney.co.uk/money/markets/article-2921427/City-Link-collapse-helps-Royal-Mail-deliver-strong-Christmas-trading.html?ito=feeds-newsxml
UK Index LIVE: Footsie makes minor gains just hours before Draghi statement; Royal Mail posts better performance, tops the index
This is Money – 22 Jan
http://www.thisismoney.co.uk/money/markets/article-2921341/UK Index -LIVE-Footsie-tenterhooks-awaiting-ECB-QE-proposals.html
UK Index hits seven-week high in cautious trading ahead of ECB meeting
Reuters – 22 Jan
http://uk.reuters.com/article/2015/01/22/uk-markets-stocks-UK Index -idUKKBN0KV0R820150122
Mario to the resQE?
Proactive Investors – 22 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/17644/mario-to-the-resqe-17644.html
London pre-open: Small gains expected with UK Index at three-week high
IFA Magazine – 21 Jan
http://www.ifamagazine.com/news/london-pre-open-small-gains-expected-with-UK Index -at-three-week-high-311816
Market Report: Ashley sells a slice of Sports Direct to spark Rangers lifeline rumours
Standard – 21 Jan
http://www.standard.co.uk/business/markets/market-report-ashley-sells-a-slice-of-sports-direct-to-spark-rangers-lifeline-rumours-9992832.html
Sports Direct Shares Sink on Stake Sale by Founder — Market Talk
Dow Jones – 21 Jan
Shares of Sports Direct International (SPD.LN) sink 4.4% to 727p, the second largest faller in the UK 100 , after its founder Mike Ashley agrees to sell a part of his stake to rescue Scottish football club Rangers via a emergency loan. The sporting goods retailer has confirmed that Mike Ashley has sold GBP110.9M worth of shares. “What he does with the rest of the money remains to be seen,” says Mike van Dulken of Accendo Markets, “but it could see him dabbling with more derivatives …. and take/increase interests in recovering retail operations.”
Sports Direct shares slide as Mike Ashley cuts stake
Proactive Investor – 21 Jan
http://www.proactiveinvestors.co.uk/companies/news/76450/sports-direct-shares-slide-as-mike-ashley-cuts-stake-76450.html
Bourse Londres: le Footsie en hausse de 0,53%, espoir avant la BCE
Romandie/AFP – 21 Jan
https://www.romandie.com/news/Bourse-Londres-le-Footsie-en-hausse-de-053-espoir-avant-la-BCE/557077.rom
London pre-open: Small gains expected with UK Index at three-week high
Digital Look – 21 Jan
http://www.digitallook.com/news/market-report-pre-open/london-pre-open-small-gains-expected-with-UK Index -at-three-week-high–643365.html
Bourse Londres: le Footsie en hausse grâce à la BCE et la Chine
Romandie/AFP – 20 Jan
https://www.romandie.com/news/Bourse-Londres-le-Footsie-en-hausse-grace-a-la-BCE-et-la-Chine/556609.rom
China boost helps banks, miners drive UK Index higher
CityWire – 20 Jan
http://citywire.co.uk/money/china-boost-helps-banks-miners-drive-UK Index -higher/a793866
China fourth quarter GDP beats despite slowest annual growth in 24 years
Digital Look – 20 Jan
http://www.digitallook.com/news/international-economic/china-fourth-quarter-gdp-beats-despite-slowest-annual-growth-in-24-years–642945.html
Support, Stop-Losses and Other Key Levels for TT and TCG
C-Suite – 19 Jan
http://www.thecsuite.co.uk/CEO/index.php/finance/173-thomas-cook-group-and-tui-travel-share-outlook-45345
Tesco tops UK 100 after broker upgrade
Financial Times – 19 Jan
http://www.ft.com/cms/s/0/9fb18338-9fae-11e4-9a74-00144feab7de.html
UK 100 adds 30 despite China weakness
Proactive Investors – 19 Jan
http://www.proactiveinvestors.co.uk/companies/market_reports/76343/UK Index -100-adds-30-despite-china-weakness-0000.html
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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