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 |
Severn Trent PLC | 2,710.0 | 1.5% |
Smith & Nephew PLC | 1,198.5 | 1.4% |
United Utilities Group PLC | 1,068.0 | 1.1% |
Relx PLC | 3,519.0 | 1.0% |
Endeavour Mining PLC | 1,561.0 | 0.9% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Vistry Group PLC | 1340.0 | -6.3% |
Burberry Group PLC | 604.4 | -5.2% |
Antofagasta PLC | 1638.5 | -3.8% |
Associated British Foods PLC | 2204.0 | -3.7% |
Anglo American PLC | 2024.0 | -3.7% |
Major World Indices | Price | % Chg | 1 Year |
UK 100 INDEX | 8,181 | -0.7% | 9.4% |
DOW JONES INDUS. AVG | 40,345 | -1.0% | 16.7% |
DAX INDEX | 18,302 | -1.5% | 16.2% |
NIKKEI 225 | 36,391 | -0.7% | 11.6% |
S&P/ASX 200 INDEX | 8,013 | 0.4% | 12.0% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 67.67 | -2.14% |
Brent Crude (ICE) | USD/bbl. | 71.06 | -2.24% |
Gold Spot | USD/t oz. | 2,497 | -0.8% |
Copper (Comex) | USd/lb. | 407 | -1.6% |
The UK 100 called to open +40 points at 8,221. The UK 100 looks set to open higher this morning in what investors will hope will be the beginning of a recovery after last weeks sell off to end the week.
Markets in Asia were broadly lower this morning, The Nikkei 225 index was hovering around its lowest level in almost a month, as it slipped 2.1% in morning trading to 35,613.32. Japan’s gross domestic product grew by an annualized 2.9% in the second quarter, according to revised data from the Cabinet Office released on Monday. This was below expectations. Stocks in Chinese markets also racked up losses after worse-than-expected inflation data disappointed investors.
US futures are higher this morning after Fridays sell off, as weaker than expected US jobs data caused all three major indices to end both Friday and the week in the red. The S&P slid 1.73% to settle at 5,408.42, while the Nasdaq Composite shed 2.55% to close at 16,690.83. The tech-heavy index ended the session more than 10% off its record close. The Dow Jones Industrial Average fell 410.34 points, or 1.01%, to end at 40,345.41.
Barratt Developments announced a Joint venture with Homes England and Lloyds Bank to form Made partnership. Will focus on developments of large sites and plans to build tens of thousands of homes.
C&C Group delivered numbers this monirng saying performance was in line with expectations with underlying profit of €39m-€41m
Computacenter this morning said Half 1 profit before tax was £87.2m, missing market estimates of £94.9m. Q3 had seen an encouraging start and they expect stronger momentum in H2
No New broker comments
UK
C&C Group*
Computacenter
US
Oracle
UK
IQE*
Serica Energy
US
GameStop
Chinese Consumer Price Index
Chinese Producer Price Index
EU Sentix Investor Confidence
UK 100 companies going ex-dividend on 12th September 2024:
Endeavour Mining
Intertek Group
M&G
UK 250 companies going ex-dividend on 12th September 2024:
Baltic Classifieds Group
Goodwin
Grafton Group
Direct Line Insurance Group
Alpha Group International
International Public Partnerships
Apax Global Alpha
Bakkavor Group
SDCL Energy Efficiency Income Trust
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.