Getting latest data loading
Home / Morning Report / Morning Report – 9th August 2024

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

Morning Report - 9 August 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Beazley PLC 706.5 10.9%
Hikma Pharmaceuticals PLC 1,983.0 7.8%
Entain PLC 558.8 6.8%
Persimmon PLC 1,580.5 2.7%
Gsk PLC 1,565.5 2.0%
Yesterday’s UK 100 Laggards Price (p) % Chg
Spirax Group PLC 7818.2 -8.4%
Bt Group PLC 130.5 -4.0%
United Utilities Group PLC 976.5 -3.5%
Wpp PLC 688.0 -2.1%
Ashtead Group PLC 5152.0 -2.1%

 

Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,141 -0.3% 7.7%
DOW JONES INDUS. AVG 39,276 1.3% 11.2%
DAX INDEX 17,666 0.3% 12.0%
NIKKEI 225 34,831 -0.7% 8.2%
S&P/ASX 200 INDEX 7,682 -0.2% 5.1%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 76.18 1.26%
Brent Crude (ICE) USD/bbl. 78.91 0.74%
Gold Spot USD/t oz. 2,417 1.5%
Copper (Comex) USd/lb. 398 0.6%
The UK 100 called to open +20 points at 8,161

1 Day; 7 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +20 points at 8,161.  The UK 100 looks set to open higher this morning following on from yesterdays better than expected jobs data from the US, The S&P advanced 2.3%, closing at 5,319.31 and posting its best day since November 2022. The Dow Jones surged 683.04 points, or 1.76%, to 39,446.49. The Nasdaq added 2.87%, ending at 16,660.02.  Overnight in Asia, stocks performed well, with India’s Nifty 50 lifting 1%, while the Nikkei 225 jumped close to 0.9%.

 

 

Company News & Broker Comments:

Company News:

 

Bellway reported annual revenue ahead of market expectations as a moderation in mortgage rates eased affordability concerns in a challenging housing market. They updated that housing completions and average selling price is slightly ahead of guidance.

 

Hargreaves Lansdown have agreed to a £5.44bn takeover by a CVC backed consortium as HL shareholders will get 1140p per share in cash.

 

 

Broker Comments:

Canaccord Downgrades Future to Sell from Hold (8 Buys / 1 Hold / 0 Sells)

Reporting Today:

UK

 

Bellway

Hargreaves Lansdown

Hiscox

TBC Bank Group

 

 

US

 

None

 

Reporting Monday:

UK

 

Marshalls

Plus500*

Witan Investment Trust

 

 

US

 

Barrick Gold

 

 

In Focus Today:

Chinese Consumer Price Index

Chinese Producer Price Index

German Harmonized Index of Consumer Prices

 

 

Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 15th August 2024:

 

Rio Tinto

Entain

Anglo American

Hikma Pharmaceuticals

Barclays

HSBC Holdings

GSK

Shell

Haleon

London Stock Exchange Group

Pershing Square Holdings

 

 

UK 250 companies going ex-dividend on 15th August 2024:

 

Chemring Group

ICG Enterprise Trust

Greencoat UK Wind

Murray Income Trust

Elementis

abrdn

Rotork

Target Healthcare REIT

Keller Group

Domino’s Pizza Group

Renewables Infrastructure Group

Hiscox

4imprint Group

Impax Environmental Markets

Balanced Commercial Property Trust

Lancashire Holdings

Tritax EuroBox GBP

NextEnergy Solar Fund

Harbour Energy

TI Fluid Systems

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.
.