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 |
Entain PLC | 673.2 | 5.3% |
Melrose Industries PLC | 472.1 | 4.2% |
Diploma PLC | 4,424.0 | 2.9% |
Rolls-Royce Holdings PLC | 475.6 | 2.8% |
Croda International PLC | 3,972.0 | 2.7% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Burberry Group PLC | 575.0 | -4.9% |
Berkeley Group Holdings (The) PLC | 4951.0 | -3.7% |
Pearson PLC | 1058.5 | -1.4% |
Reckitt Benckiser Group PLC | 4486.0 | -1.2% |
Associated British Foods PLC | 2180.0 | -1.1% |
Major World Indices | Price | % Chg | 1 Year |
UK 100 INDEX | 8,271 | 1.1% | 10.6% |
DOW JONES INDUS. AVG | 40,830 | 1.2% | 18.1% |
DAX INDEX | 18,444 | 0.8% | 17.1% |
NIKKEI 225 | 36,216 | -0.5% | 11.1% |
S&P/ASX 200 INDEX | 7,988 | -0.3% | 11.6% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 68.80 | 1.67% |
Brent Crude (ICE) | USD/bbl. | 71.94 | 1.24% |
Gold Spot | USD/t oz. | 2,506 | 0.4% |
Copper (Comex) | USd/lb. | 414 | 1.7% |
The UK 100 called to open -43 points at 8,227. The UK 100 looks set to open lower this morning returning some of yesterday’s gains after global markets rebounded yesterday from Fridays fall.
Data out this morning shows that the unemployment rate fell to 4.1% in July from 4.2% in June, coming in, inline with market expectations.
In employment change terms, 265,000 new jobs were added in July, far exceeding the 115,000 new jobs forecast.
The Dow Jones surged 484.18 points, or 1.2%, to close at 40,829.59. The rebound comes after the 30-stock index lost more than 1,200 points last week. The S&P gained 1.16%, ending at 5,471.05, after posting its worst week since March 2023. The benchmark also broke a four-day losing streak. The Nasdaq jumped 1.16% to end at 16,884.60, following its worst week in more than two years.
Markets were mixed in Asia this morning as traders awaited US inflation data due this week for clues on the size of the Federal Reserve’s coming interest-rate cut.
AngloGold Ashanti and Centamin have announced that they have agreed the terms of a recommended acquisition of Centamin.
Serica Energy, reported a decline in profit for the first half of 2024 due to a $106 million tax charge. The company’s profit after tax dropped to $82.5 million for the six-month period ending June 30, compared to $98.5 million the previous year.
No New broker comments
UK
IQE*
Serica Energy
US
GameStop
UK
Dunelm Group
Energean
Trustpilot Group
WH Smith
US
None
Chinese Exports
Chinese Imports
Chinese Trade Balance
German Harmonized Index of Consumer Prices
UK Average Earnings
UK Claimant Count Change
UK Employment Change
UK ILO Unemployment Rate
UK 100 companies going ex-dividend on 12th September 2024:
Endeavour Mining
Intertek Group
M&G
UK 250 companies going ex-dividend on 12th September 2024:
Baltic Classifieds Group
Goodwin
Grafton Group
Direct Line Insurance Group
Alpha Group International
International Public Partnerships
Apax Global Alpha
Bakkavor Group
SDCL Energy Efficiency Income Trust
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.