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 |
Marks And Spencer Group PLC | 264.4 | 4.1% |
Kingfisher PLC | 249.3 | 4.1% |
Jd Sports Fashion PLC | 113.8 | 3.4% |
Standard Chartered PLC | 696.2 | 3.1% |
Ocado Group PLC | 466.2 | 3.0% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Auto Trader Group PLC | 706.8 | -4.8% |
Beazley PLC | 668.9 | -1.9% |
Rio Tinto PLC | 4,921.5 | -1.8% |
Croda International PLC | 4,861.0 | -1.6% |
Experian PLC | 3,448.0 | -1.5% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,931 | 0.2% | 6.2% |
DOW JONES INDUS. AVG | 39,282 | -0.1% | 21.1% |
DAX INDEX | 18,384 | 0.7% | 21.5% |
NIKKEI 225 | 40,763 | 0.9% | 48.4% |
S&P/ASX 200 INDEX | 7,820 | 0.5% | 12.3% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 80.83 | -0.97% |
Brent Crude (ICE) | USD/bbl. | 85.38 | -1.01% |
Gold Spot | USD/t oz. | 2,180 | 0.1% |
Copper (Comex) | USd/lb. | 400 | -0.3% |
The UK 100 called to open -4 points at 7,927. The UK 100 looks set to open broadly flat this morning, giving back 4 points at the latest futures prices. This comes after an all-red session on Wall Street yesterday, The S&P fell for a third consecutive session on Tuesday. The broader market index slid 0.28% to close at 5,203.58, while the Nasdaq lost 0.42%, finishing at 16,315.70. The Dow Jones inched down by 31.31 points, or 0.08%, to settle at 39,282.33. The day’s action marked a cooling from last week, when all three indexes closed at a record Thursday and the Dow approached the 40,000 level.
AstraZeneca’s Beyfortus drug has been approved in Japan for the prevention of RSV in infants.
Diploma are to acquire aerospace tech company Peerless Aerospace Fastener for £236m.
Playtech reports that their 2023 pretax profit has jumped to 235.8m euros, up from 95.6m YoY as their 2023 performance is ahead of expectations.
S4 Capital report that their 2023 pretax loss has narrowed to £13.9m, down from £159.7m YoY as they expect clients to remain cautious in the near term.
Vanquis Banking Group are continuing to take significant steps in Q1 2024 to redevelop their customer proposition and reset pricing. The group expects to return to modest lending growth from the start of Q2.
Barclays Downgrades HSBC to ‘Equal Weight’ (8 Buys / 5 Holds / 0 Sells)
JP Morgan places IAG on ‘Positive Catalyst watch’ ahead of their Q1 results (7 Buys / 4 Holds / 0 Sells)
UBS Upgrades Sainsbury (J) to Buy from Neutral (1 Buy / 6 Holds / 0 Sells)
UK
Carnival
Endeavor Mining*
Vanquis Banking Group
US
None
UK
International Public Partnership
Capricorn Energy
US
None
EU Business Climate
EU Consumer Confidence
EU Economic Sentiment Indicator
UK 100 companies going ex-dividend on 21st March 2024:
M&G
Taylor Wimpey
Smith & Nephew
Prudential
Melrose Industries
UK 250 companies going ex-dividend on 21st March 2024:
Ithaca Energy
Moneysupermarket.com Group
Primary Health Properties
Fidelity European Trust
Travis Perkins
Volution Group
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.