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 |
| ANTOFAGASTA PLC | 1,714.5 | 4.8% |
| HIKMA PHARMACEUTICALS PLC | 2,392.0 | 2.4% |
| ROLLS-ROYCE HOLDINGS PLC | 102.3 | 2.4% |
| NATIONAL GRID PLC | 864.6 | 1.9% |
| B&M EUROPEAN VALUE RETAIL SA | 601.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| HARGREAVES LANSDOWN PLC | 1539.5 | -6.9% |
| M&G PLC | 187.3 | -5.1% |
| BRITISH AMERICAN TOBACCO PLC | 2640.0 | -4.0% |
| POLYMETAL INTERNATIONAL PLC | 1551.0 | -3.6% |
| AVAST PLC | 489.8 | -3.5% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,711 | -0.6% | -9.1% |
| DOW JONES INDUS. AVG | 31,613 | 0.3% | 8.1% |
| DAX INDEX | 13,909 | -1.1% | 1.7% |
| NIKKEI 225 | 30,236 | -0.2% | 30.4% |
| S&P/ASX 200 INDEX | 6,886 | 0.0% | -3.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.53 | 0.64% |
| Brent Crude (ICE) | USD/bbl. | 64.89 | 0.85% |
| Gold Spot | USD/t oz. | 1,783 | 0.4% |
| Copper (Comex) | USd/lb. | 391 | 2.3% |
Click graph to enlarge
UK 100 is called to open -10 points this morning at 6700. Calls for a slightly weaker open come on the morning of the biggest ex-dividend impact so far of 2021, 12.3 points came of the index this morning in the shape of dividends. Crude oil prices rose further overnight due to a recent cold snap in the United States and causing demand to creep higher. Stateside yesterday saw a mixed session on Wall Street. The Dow Jones closed the session higher, rising 90 points or 0.29% to 31,613, whilst the S&P was more or less flat ending the day at 3,931. The Nasdaq, meanwhile, swung to an 82 point or 0.58% decline with a close of 13,965. In Asia, this morning, Japan’s Nikkei closed slightly lower, by 0.19% to trade at 30,236 as Hong Kong’s Hang Seng pulled back 1.13% to 30,732. The Shanghai Composite meanwhile moved up, rising 0.56%.
Barclays reports that they have resumed paying dividends as their annual profit halved to £3.1bn, which was better than expected (analysts’ average forecast of £1.96bn) due to strong performance by its investment bank offsetting provisions against bad loans from the economic fallout of COVID-19. They are to resume paying dividends of 1p per share as well as returning capital via a £700m buyback.
Hays says that their H1 performance has been hurt by the coronavirus pandemic as their pretax profit falls 78% to £21.1m.
Hochschild Mining FY pretax profit falls to $62.9m (from $76.8m previously).
Indivior reports that their Q4 pretax loss has narrowed to $14m (from $42m loss last year).
Moonpig expects their annual revenue to double on high demand for its services during the COVID-19 pandemic.
Moneysupermarket reports that their 2020 pretax profit is down 24% to £87.8m (from £116m previously).
Primary Health Properties reports that their FY adjusted earnings per share rose 5.5% to 5.8p as their FY net rental income receivable in the year increased by 13.4% to £131.2m (2019: £115.7m).
Smith & Nephew report that their trading profit is down YoY to $683m ($1.17bn previously).
Citigroup Upgrades Aviva to a Buy from Neutral (8 Buys / 9 Holds / 0 Sells)
Goldman Sachs Initiates coverage of Ashtead with a Buy (7 Buys / 8 Holds / 1 Sell)
Morgan Stanley Upgrades SSP Group to Overweight from Equalweight (7 Buys / 8 Holds / 0 Sells)
Barclays
Hays
Indivior
Moneysupermarket.com
Primary Health Properties
Smith & Nephew
NatWest Group
Segro
TBC Bank Group
ECB Monetary Policy Meeting Accounts
BoE’s Saunders speech
US Housing Starts
US Continuing Jobless Claims
Eurozone Consumer Confidence
UK 100:
Imperial Brands
BP
Pershing Square Holdings
GlaxoSmithKline
Royal Dutch Shell A
Royal Dutch Shell B
UK 250:
Murray Income Trust
GCP Student Living
NextEnergy Solar Fund
BBGI Global Infrastructure S.A.
Impax Environmental Markets
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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.
I have found Accendo staff very helpful,,and informed. I have traded with you for some years now and have no regrets. Keep up the good work!
since signing up for Accendo I have had two traders, Mark and Sam. I have found both of these to be very informative about how CFD's work and they have made it very easy for me. Since working with Sam (last four months) my trading knowledge has improved and I can make more informative decisions about which Company's to invest with. Keep up the good work Sam.
I am very happy with the service I get from Accendo Markets and in particular Amrit Panesar. He is very professional and pleasant to speak to and this counts for a lot.
Its a good site for dealing stocks worldwide and having good staff.
Krishan Appiah is one of the most dedicated / informative broker I have ever had.
Since I have been trading with Accendo Markets I have experienced much greater success than has been my experience with other trading companies mainly due to the help given by, what I consider to be my terminal with the trading floor, Mark, who has been most helpful in reminding me of the progress of my positions throughout the day and keeping me in touch with those positions so that I can more easily make successful trades when appropriate instead of missing out on opportunities through lack of attention. He draws my attention to the situations and enables me to make profitable trades. I am very happy with the situation at the moment and am enjoying the experience. Thomas Irving.
Accendo markets keep me connected with the market and its very well followed by Mr. Krishan Appiah ,which helps me to take certain decision on time.
I have been trading with Accendo Markets and James Abbott my account manager for coming on 5 years now, James Abbott the senior trader of Accendo Markets provides me with up to minute information when I need it and find him very easy and professional to deal with. Whenever I need to trade or am not sure about anything James is always their to help with any queries I may have. The Accendo Platform I find very easy to use and navigate although it has been slightly changed over the years but definitely for the better. Personal when I do trade 90% of the time, I rather telephone call to place my trade dealings and if James is not there to take my call I find others at Accendo like Sam, Lee take my trades and are. All in all everyone at Accendo Markets are amazing to deal with and my relationship with Accendo is just as I like it. Peter Petrou
"Our Trader, Aymen Azizi, has been nothing but attentive to our every need throughout our long relationship with him. No issue is too small, full explanations on all our questions."
I have been with Accendo for a long time now, ten or twelve year's, probably more . As I told Sam (my trader) I thought that CFDs were better than sex . I stopped trading for a few years and only started back about a couple of months ago. But it is as if I had never been gone , so to speak. Sam has helped me every step of the way, at my age one forgets things. I have only praise for Accendo and as far as I am concerned the platform is the best . Now I am back trading at 71 years of age, I might even try sex again. Brian Robertson.
I understand how to make a profit with CFDs. I am restricted by the range of companies I have knowledge of. Although, I am not sure that is a big problem. Tom Robertson is a very fine man.
Well, I would not be trading without the help of my trader, Sam Alnakkash. He provided a really great overview of Accendo Markets, an insight into trading in general and how to get started in trading online. His advice, support and training has been fantastic all along the way, enabling me to start trading earlier than I would have done had I not had the support. He has also been very adept at understanding me as a client in order to help me achieve my trading goals. I still have a lot to learn and hope I will get there.
I like the updates on shares I trade. Updates from Bloomberg and Reuters plus industry updates and breaking news. I've had Matt Grice and James Abbott and found both to be excellent. I would like to continue a personal service with James. He understands how and which stocks I trade.
Excellent, knowledgable broker interaction and communication, coupled with very good research and analysis.
Being new to direct trading I needed help and was given all the time and advice that I needed to feel fully able to make decisions on what I wanted to invest in. I asked for and got exactly the type of info I required provided by Tom Cook, who I would recommend to anyone looking for help.
I have been dealing with accendo for the past 8 years my broker Amrit I find him very helpful when he is there lol and had many offers to change but will not do it Bill Roberts
Very good all round service! Timely market information. (charts + trends coverage ) On the ball accounts managers ,quickly available and alert . Part of my success owed to my personal manager Mr Sam Springet , than you.
Easy to deal with.....
Accendo markets are great for trading cfds and their research is second to none! Aymen manages my account is extremely helpful and always keeps me updated on market info. Thanks again
Always available, whenever I call I get straight through to someone that can and will help. The staff are very knowledgeable, helpful and easy to talk to.
Aymen Azizi keeps an eye on what is happening in the market and informs me with timely relevancy, email call, and txt.