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Home / Morning Report / Morning Report – 2nd January 2025

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

Morning Report - 3 January 2025

Yesterday’s UK 100 Leaders Price (p) % Chg
Endeavour Mining PLC 1,495.0 4.9%
Fresnillo PLC 649.5 4.5%
Marks And Spencer Group PLC 389.3 3.7%
Rolls-Royce Holdings PLC 588.4 3.5%
Airtel Africa PLC 117.1 3.1%
Yesterday’s UK 100 Laggards Price (p) % Chg
Howden Joinery Group PLC 780.0 -1.7%
St. James’s Place PLC 853.5 -1.7%
Barratt Redrow PLC 434.6 -1.3%
Persimmon PLC 1184.0 -1.2%
Intertek Group PLC 4678.0 -1.1%

 

Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,260 1.1% 7.0%
DOW JONES INDUS. AVG 42,392 -0.4% 12.4%
DAX INDEX 20,025 0.6% 19.4%
NIKKEI 225 39,895 -1.0% 19.5%
S&P/ASX 200 INDEX 8,201 0.5% 9.0%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 73.13 1.97%
Brent Crude (ICE) USD/bbl. 75.90 1.69%
Gold Spot USD/t oz. 2,657 1.3%
Copper (Comex) USd/lb. 404 0.2%

 

The UK 100 called to open -20 points at 8,240

4 Hours; 7 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open -20 points at 8,240. The UK 100 looks set for a slightly lower open this morning, having rallied for the first trading session of the year yesterday, adding 87 points on the day, more than 1%.

Data out this morning from the British Retail Consortium (BRC), showed footfall in UK shops declined by 2.2% year on year last month.  Though this marked an improvement from the 4.5% drop seen in November, a further fall meant footfall was down by 2.5% over the Golden Quarter in the three months to December.

Stocks slid on Thursday in a choppy first trading session of the new year in the States, as the slump to end 2024 extended into January.  The blue-chip Dow Jones traded down 151.95 points, or 0.36%, to close at 42,392.27. The S&P fell 0.22%, finishing at 5,868.55. The Nasdaq slipped 0.16% to 19,280.79. The S&P and Nasdaq have now fallen for five straight sessions, their longest losing streaks since April.

 

 

Company News & Broker Comments:

Company News:

GSK this morning announced Nucala approved in China for use in CRSwNP

 

Tullow Oil this morning confirmed not liable to pay the $320m BPRT assessment issued by the Ghana Revenue Authority as it falls outside of the tax regime

 

Wizz Air released passenger numbers, December passenger traffic + 1.9% year on year with a load factor of 86.5%, +4.3ppts on last year

 

Broker Comments:

No New Broker Comments

 

 

Reporting Today:

UK

 

None

 

 

US

 

None

Reporting Tomorrow:

UK

 

None

 

US

 

None

In Focus Today:

German Unemployment Change

US ISM Manufacturing PMI

Fed’s Barkin speech

Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 9th January 2025:

 

Experian

Sage Group

Ashtead Group

Games Workshop Group

UK 250 companies going ex-dividend on 9th January 2025:

 

QinetiQ Group

XPS Pensions Group

Workspace Group

Greencore Group

AJ Bell

Primary Health Properties

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.


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