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Accendo Press Quotes – Week Ending 8 December

8 Dec Business Times (Link) “In focus today will be the fallout from an eleventh hour Brexit deal between the UK and EU, sufficient progress having been made on the Irish border issue, clearing the path for the second round of negotiations and, most crucially, the beginning of long overdue trade talks,” said Accendo Markets analyst…

The Santa rally, so far

Last month we published our season Santa Rally report, highlighting stocks which have a habit of doing well early November thorough year-end. No guarantees, but a statistical tendency that can help you make profitable trading/investment decisions. So how have are we doing? Firstly the US indices have kept up their strong record with gains of…

M&A confidence building?

It’s all go in UK property this morning with blue-chip Hammerson agreeing to a £3.4bn all-share purchase (27% premium) of listed INTU Properties, creating a £21bn pan-European portfolio of high-quality retail and leisure destinations. HMSO shares have understandably fallen, given the acquisition risk involved, and although the deal is being pad for with new shares…

Accendo’s Foreign Exchange Forecasts, Tuesday 5 December 2017

Macro observations So close, and yet so far in Brussels. UK Prime Minister May arrived on Monday hoping to strike a deal with the EU in order to receive approval to advance to the next stage of Brexit negotiations. Instead, an 11th hour interruption from May’s supply-and-confidence partner Arlene Foster of Northern Ireland’s hard-Brexit backing…

Accendo Press Quotes – Week Ending 1 December

1 Dec Proactive Investors (Link) “The question now is whether this level [7,300] holds up or is merely a pause amid the bearish flag from recent 7580 highs towards September 7200 lows,” said Mike van Dulken, market analyst at Accendo Markets. 30 Nov This Is Money (Link) Mike van Dulken, head of research at Accendo Markets,…

UK Index monster movers

This week’s UK 100 movers aren’t as spicy as last week, up or down just 7%, but still very respectable for UK blue-chips. Until you compare them to the where one member rallied 50%, three put on 10-15% and six fell by 10-15%. Equities doing nothing you say? Hardly! Mediclinic rebounded after being one of…

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