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Morning Report - 24 December 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Airtel Africa PLC 108.6 3.1%
Centrica PLC 127.5 2.0%
Hikma Pharmaceuticals PLC 1,988.0 1.8%
Pershing Square Holdings LTD 3,770.0 1.7%
Astrazeneca PLC 10,422.0 1.6%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Frasers Group PLC 605.5 -3.4%
Spirax Group PLC 6755.0 -2.8%
Entain PLC 690.0 -2.5%
Schroders PLC 307.6 -1.5%
Diploma PLC 4244.0 -1.4%
Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,103 0.2% 5.3%
DOW JONES INDUS. AVG 42,907 0.2% 14.8%
DAX INDEX 19,849 -0.2% 18.6%
NIKKEI 225 39,037 -0.3% 17.7%
S&P/ASX 200 INDEX 8,221 0.2% 9.6%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 69.60 0.52%
Brent Crude (ICE) USD/bbl. 73.04 0.56%
Gold Spot USD/t oz. 2,619 0.3%
Copper (Comex) USd/lb. 411 0.6%
The UK 100 called to open +45 points at 8,147

4 Hours; 7 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +45 points at 8,147. The UK 100 looks set to open higher ahead of today’s shortened trading session.

Stocks rose Stateside on Monday to start a holiday-shortened trading week as the continued strength in technology names helped the broader market.  The S&P gained 0.73% to 5,974.07. The tech-heavy Nasdaq rose 0.98% to 19,764.89, as Tesla and Meta Platforms added more than 2% and Nvidia climbed more than 3%. The Dow Jones erased earlier losses and ended the day 66.69 points higher, or 0.16%, to 42,906.95.

Company News & Broker Comments:

Company News:

Vistry warned on its fiscal 2024 profit for the third time on Tuesday, citing delays to expected year-end transactions and completions.  In its third profit warning since October, Vistry said it now expects to record profit before tax for the year ending Dec. 31 of 240 million pounds ($300.77 million), down from £300 million expected earlier.

 

 

Broker Comments:

No New Broker Comments

 

 

Reporting Today:

UK

 

None

 

 

US

 

None

Reporting Tomorrow:

UK

 

None

 

US

 

None

In Focus Today:

US Durable Goods Orders

US New Home Sales Change

Today’s Ex-Dividends:

UK 100 companies going ex-dividend on 24th December 2024:

 

BT Group

UK 250 companies going ex-dividend on 24th December 2024:

 

Schroder AsiaPacific Fund

JPMorgan Japanese Investment Trust

Global Smaller Companies Trust

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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.


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