Getting latest data loading
Home / Morning Report / Morning Report

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

Morning Report - 17 June 2021

Yesterday’s UK 100 Leaders Price (p) % Chg
FLUTTER ENTERTAINMENT PLC-DI 13,765.0 3.2%
RENISHAW PLC 5,550.0 3.2%
WEIR GROUP PLC/THE 1,923.5 2.8%
ADMIRAL GROUP PLC 3,237.0 2.6%
BUNZL PLC 2,354.0 2.2%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
ASSOCIATED BRITISH FOODS PLC 2324.0 -1.8%
VODAFONE GROUP PLC 130.2 -1.4%
GLENCORE PLC 317.1 -1.2%
ANGLO AMERICAN PLC 2963.5 -1.2%
BARCLAYS PLC 177.1 -1.2%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,185 0.2% 14.9%
DOW JONES INDUS. AVG 34,034 -0.8% 30.3%
DAX INDEX 15,711 -0.1% 26.9%
NIKKEI 225 29,018 -0.9% 29.2%
S&P/ASX 200 INDEX 7,359 -0.4% 22.8%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 71.85 -0.42%
Brent Crude (ICE) USD/bbl. 74.07 -0.43%
Gold Spot USD/t oz. 1,812 0.0%
Copper (Comex) USd/lb. 432 -1.7%

 

UK 100 is called to open -40 points this morning at 7142.

1 Day; 8 Months

Click graph to enlarge

Markets Overview:

 

UK 100 is called to open -40 points this morning at 7142. Calls for a lower open today come after the US Federal Reserve outlined raised forecasts and the chances of interest rate hikes last night. Last night on Wall Street the Dow Jones fell 265 points or 0.77% to close at 34,033. The S&P slipped 0.54% to finish the session at 4,223 and the Nasdaq moved 0.24% lower to 14,039. Meanwhile, the small-cap focussed Russell 2000 index lost 0.23% to 2,314. In Asia overnight, Japan’s Nikkei was sliding slightly more than 1% to 28,991 whilst Hong Kong’s Hang Seng was up a little, rising 0.12% to 28,471. The Shanghai Composite was only a slightly lower at 3,514.

 

Company News & Broker Comments:

 

Company News:

Halfords reinstated their dividend and reported a 72% jump in profit as they expect to see further rise in Britons adopting cycling for commute. Their underlying pre-tax profit rose 72% to £96.3m.

 

Rio Tinto makes interim CFO Peter Cunningham permanent in the role.

 

Safestore expects FY earnings to be at least in top end of guidance.

 

Trainline says their Q1 net ticket sales were £334m v £79m YoY as they say sales are at the highest level since the start of the pandemic.

 

Whitbread reported strong forward booking trends in tourist locations throughout the summer as demand for travel and leisure picked up after Britain eased some COVID-19 curbs in April and May. However, total sales fell 69.8% in Q1 from pre-COVID-19 levels.

 

Broker Comments:

No new broker updates

 

 

Reporting Today:

 

Dr Martens

Safestore Holdings

Whitbread

 

Reporting Tomorrow:

 

Tesco

 

In Focus Today:

 

Eurogroup Meeting

EU Consumer Price Index

Philadelphia Fed Manufacturing Survey

US Initial Jobless Claims

Today’s Ex Dividends:

 

UK 100:

 

Intermediate Capital Group

3i Group

Land Securities Group

 

UK 250:

 

Ferrexpo

TR Property Investment Trust

3i Infrastructure

Templeton Emerging Markets IT

Pets At Home Group

Fidelity China Special Situations

Electrocomponents

XP Power

 

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.
.