Getting latest data loading
Home / Morning Report / Morning Report – 22nd January 2024

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Morning Report - 22 January 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Flutter Entertainment PLC 15,705.0 3.2%
JD Sports Fashion PLC 110.7 2.3%
Vodafone Group PLC 67.3 2.1%
Pershing Square Holdings LTD 3,604.5 2.1%
Rentokil Initial PLC 401.4 1.8%
Yesterday’s UK 100 Laggards Price (p) % Chg
Ocado Group PLC 549.2 -3.9%
Entain PLC 919.0 -3.2%
Whitbread PLC 3,550.0 -2.3%
Marks And Spencer Group PLC 249.0 -2.0%
Glencore PLC 412.4 -1.8%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,460 0.0% -3.4%
DOW JONES INDUS. AVG 37,657 0.5% 13.7%
DAX INDEX 16,547 -0.1% 11.0%
NIKKEI 225 35,963 1.4% 35.4%
S&P/ASX 200 INDEX 7,421 1.0% -0.4%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 74.38 0.41%
Brent Crude (ICE) USD/bbl. 79.39 0.37%
Gold Spot USD/t oz. 2,027 0.2%
Copper (Comex) USd/lb. 376 0.5%
The UK 100 called to open +33 points at 7,494

4 Hours; 5 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +33 points at 7,494.  The UK 100 is expected to start the week on the front foot after strong gains on Wall Street on Friday.  In the US on Friday, stocks jumped, with the Dow Jones Industrial Average up 1.1%, the S&P 500 up 1.2%, reaching an all-time high, and the Nasdaq Composite up 1.7%.  In Asia, China’s central bank left its key interest rates unchanged on Monday, as expected by the market.

 

 

Company News & Broker Comments:

Company News:

Bodycote completes their acquisition of Lake City for $66.5m.

 

S4 Capital reports that Q4 trading was in line with expectations.

 

 

Broker Comments:

Barclays Downgrades Sage Group to Underweight from Equal Weight (6 Buys / 7 Holds / 3 Sells)

Reporting Today:

UK

 

Baillie Gifford US Growth Trust

Edinburgh Worldwide Investment Trust

 

US

 

None

Reporting Tomorrow:

UK

 

Associated British Foods

Crest Nicholson Holdings

Premier Foods

 

US

 

3M Co

General Electric

Johnson & Johnson

Procter & Gamble

Verizon Communications

Intuitive Surgical

Netflix

Visa Inc Class A

 

 

In Focus Today:

PBoC Interest Rate Decision

German Buba Monthly Report

 

Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 25th January 2023:

 

None

 

 

UK 250 companies going ex-dividend on 25th January 2023:

 

 

Ferrexpo

Victrex

Sequoia Economic Infrastructure Inc Fnd

Pennon Group

Foresight Solar Fund

City of London Investment Trust

Bankers Investment 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.


Back to Top

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.