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 |
| Halma PLC | 2,028.0 | 3.2% |
| National Grid PLC | 1,010.0 | 2.1% |
| Endeavour Mining PLC | 1,711.0 | 1.6% |
| Centrica PLC | 149.3 | 1.2% |
| SSE PLC | 1,771.0 | 1.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Burberry Group PLC | 1,550.0 | -11.2% |
| Ocado Group PLC | 559.4 | -6.2% |
| Hargreaves Lansdown PLC | 710.0 | -5.8% |
| Smith (Ds) PLC | 286.4 | -4.2% |
| Smurfit Kappa Group PLC | 2,746.0 | -3.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,411 | -1.0% | 0.9% |
| DOW JONES INDUS. AVG | 34,945 | -0.1% | 4.2% |
| DAX INDEX | 15,787 | 0.2% | 10.7% |
| NIKKEI 225 | 33,585 | 0.5% | 20.3% |
| S&P/ASX 200 INDEX | 7,049 | -0.1% | -1.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 72.91 | 0.01% |
| Brent Crude (ICE) | USD/bbl. | 77.46 | 0.05% |
| Gold Spot | USD/t oz. | 1,984 | 0.2% |
| Copper (Comex) | USd/lb. | 369 | -0.3% |
Click graph to enlarge
The UK 100 called to open -8 points at 7,496. The UK 100 looks set to open marginally lower today as investors look ahead to the Autumn Statement on Wednesday. Oil prices have risen following reports that Saudi Arabia is preparing to prolong oil production cuts into next year as Opec+ weighs further reductions in response to falling prices and rising anger over the Israel-Hamas war. On Wall Street Friday, all three major indices ended the session higher, the S&P added 0.13% to settle at 4,514.02. The Dow Jones ended the day higher by 0.01%, or 1.81 points, closing at 34,947.28. The Nasdaq crept up by 0.08% to end the session at 14,125.48.
Ashtead has warned sales and profit will be below current market expectations after a quieter hurricane season and writers’ and actors’ strike persisting longer than expected. The international equipment rental company now expects both group and US rental revenue growth in the range of 11 to 13% (previous guidance for both: 13 to 16%), which will result in Ebitda being 2 to 3% below current market expectations.
Compass said it expected underlying operating profit growth of around 13% in the year ahead. Revenues have surged for Compass by almost 22% to top £10 billion in the year to end September as the foodservice and catering group cheered “favourable market conditions, persistent inflation and said its flexible operating model continued to support strong balanced net new business growth across all our regions.”
London Stock Exchange Group PLC has appointed Michel-Alain Proch its new CFO.
MusicMagpie PLC has confirmed it is holding talks with both BT Group PLC and Aurelius Group over a possible bid for the firm.
UK
Big Yellow Group
Compass Group
Diploma
Sirius Real Estate
US
Zoom Video Communications
UK
Caledonia Investments
Cranswick
Telecom Plus
Workspace Group
US
Baidu
Medtronic
HP
NVIDIA
PBoC Interest Rate Decision
German Producer Price Index
German Buba Monthly Report
BoE’s Governor Bailey speech
UK 100 companies going ex-dividend on 23rd November 2023:
Scottish Mortgage Investment Trust
RS Group
National Grid
Vodafone Group
Imperial Brands
DCC
Land Securities Group
UK 250 companies going ex-dividend on 23rd November 2023:
Volution Group
BlackRock World Mining Trust
3i Infrastructure
Witan Investment Trust
Tate & Lyle
Urban Logistics REIT
Kainos Group
British Land Company
Babcock International Group
HICL Infrastructure
Liontrust Asset Management
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.