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 |
Fresnillo PLC | 592.2 | 5.9% |
JD Sports Fashion PLC | 156.6 | 5.2% |
Ocado Group PLC | 595.8 | 5.1% |
Rightmove PLC | 542.6 | 2.8% |
Rolls-Royce Holdings PLC | 264.8 | 2.5% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Entain PLC | 804.7 | -3.6% |
Prudential PLC | 859.0 | -3.0% |
Standard Chartered PLC | 644.8 | -2.6% |
Anglo American PLC | 2,147.5 | -2.6% |
Compass Group PLC | 2,021.0 | -2.4% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,425 | -0.4% | -0.8% |
DOW JONES INDUS. AVG | 35,485 | 0.2% | 4.8% |
DAX INDEX | 16,183 | 1.2% | 12.6% |
NIKKEI 225 | 33,321 | -0.3% | 19.1% |
S&P/ASX 200 INDEX | 7,035 | 0.3% | -3.4% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 76.65 | 0.31% |
Brent Crude (ICE) | USD/bbl. | 81.86 | 0.22% |
Gold Spot | USD/t oz. | 2,043 | 0.1% |
Copper (Comex) | USd/lb. | 384 | 0.0% |
The UK 100 called to open +11 points at 7,434. The UK 100 looks set to open 100 on Thursday ahead of inflation data in Europe and the US. This comes after a mixed session on Wall Street yesterday that saw the Dow Jones up 13.44 points, or 0.04%, to close at 35,430.42. The S&P ticked down by 0.09% to end at 4,550.58, and the Nasdaq slipped by 0.16% to 14,258.49. All three major averages remain on track for their biggest monthly gain in 2023.
Dr Martens have forecast for their annual revenue to decline by a high single-digit percentage, after a slow start to the autumn-winter season impacted by warm weather across its three key regions and weaker traffic overall.
Mitchells & Butlers posted an 8% fall in its annual profit, pulled down by higher input costs, although they have forecast for cost pressures to seriously abate in the 2024 fiscal year. Their adjusted operating profit for the year ended 30th September came in at £221m, compared with £240m a year earlier.
Mulberry Group sees their usual H2 weighting to trading as they report a H1 pretax loss of £12.8m, widening from £3.8m YoY. They state that there is “no doubt macro-economic environment has deteriorated” hurting customers.
CitiGroup Upgrades B&M European Value Retail SA to Buy from Neutral (8 Buys / 4 Holds / 1 Sell)
JP Morgan Downgrades 888 Holdings to Neutral from Overweight (5 Buys / 2 Holds / 0 Sells)
JP Morgan Upgrades NatWest to Overweight from Neutral (7 Buys / 6 Holds / 1 Sell)
Peel Hunt Upgrades B&M European Value Retail SA to Buy from Hold (8 Buys / 4 Holds / 1 Sell)
UK
Dr. Martens
Foresight Group Holdings
Future
LXI REIT
US
Salesforce
UK
None
US
None
Chinese NBS Manufacturing PMI
Chinese NBS Non-Manufacturing PMI
German Retail Sales
OPEC Meeting
German Unemployment Change
EU Core Harmonized Index of Consumer Prices
EU Unemployment Rate
US Core Personal Consumption Expenditures – Price Index
US Initial Jobless Claims
US Personal Consumption Expenditures – Price Index
US Personal Income
US Personal Spending
US Chicago Purchasing Managers’ Index
US Pending Home Sales
Japanese Unemployment Rate
UK 100 companies going ex-dividend on 30th November 2023:
Severn Trent
3i Group
UK 250 companies going ex-dividend on 30th November 2023:
Diversified Energy Company
Bellway
Fidelity Special Values
Telecom Plus
Johnson Matthey
LondonMetric Property
AVI Global Trust
Temple Bar Investment Trust
FirstGroup
Hill & Smith
Alliance Trust
Caledonia Investments
Oxford Instruments
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.