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 - 19 November 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
RSA INSURANCE GROUP PLC 676.8 4.6%
TAYLOR WIMPEY PLC 166.0 4.4%
SSE PLC 1,407.0 4.4%
AVEVA GROUP PLC 4,254.0 3.5%
INTL CONSOLIDATED AIRLINE-DI 158.8 3.5%
Yesterday’s UK 100 Laggards Price (p) % Chg
HARGREAVES LANSDOWN PLC 1526.0 -5.5%
DCC PLC 5582.0 -5.0%
HOMESERVE PLC 1204.0 -5.0%
SPIRAX-SARCO ENGINEERING PLC 11465.0 -3.8%
COMPASS GROUP PLC 1346.0 -3.2%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,385 0.3% -12.6%
DOW JONES INDUS. AVG 29,733 -0.2% 6.1%
DAX INDEX 13,202 0.5% 0.0%
NIKKEI 225 25,728 -1.1% 9.9%
S&P/ASX 200 INDEX 6,531 0.5% -3.5%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 42.11 1.64%
Brent Crude (ICE) USD/bbl. 44.64 2.03%
Gold Spot USD/t oz. 1,873 -0.4%
Copper (Comex) USd/lb. 321 0.1%

 

UK 100 called to open -50 points this morning at 6338.

4 Hours; 5 Months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open -50 points this morning at 6338.  A lower open is expected today as investors look towards concerns in a number of major economies that lockdowns may be extended.  Yesterday in New York, Mayor Bill de Blasio announced the closure of schools in response to the rise in cases, this translated on Wall Street to the Dow Jones gibing up 344 points or 1.16% to close at 29,438 and similarly the S&P 500 also lost 1.16%, to finish the day at 3,567.  The Nasdaq meanwhile slipped 0.8% lower to end at 11,801.  It was a similar story In Asia, Japan’s Nikkei closed 93 points or 0.36% lower at 25,634 and Hong Kong’s Hang Seng was down 117 point or 0.43% at 26,433. The Shanghai Composite was marked in positive territory, up 0.43% at 3,361.

 

Company News:

AstraZeneca and Oxford University‘s COVID-19 shot candidate shows promise among elderly trials as it produced a strong immune response, giving hope it may protect some of those most vulnerable to the disease, data from mid-stage trials showed.

BT are “open-minded” about the possibility of selling a stake in their Openreach infrastructure unit once there is full clarity on the regulation of fibre networks next year, according to their CEO Philip Jansen.

Investec reported a 50% drop in HY profit, a better result than it had previously forecast. Adjusted EPS stood at 11.2p, compared to a restated 22.4p a year earlier and a forecast between 10.5p and 8.3p.

Johnson Matthey reported a slump in HY profit and stayed away from providing an outlook for 2021, as the pandemic continued to dent demand for its pollution filters. Profit before tax fell to £26m (2019: £225m profit).

Kingfisher reported a 17.4% jump in underlying sales over Q3, continuing to benefit from the popularity of DIY during the COVID-19 pandemic. Total sales rose 17.6% to £3.5bn.

Royal Mail reported a slump in H1 pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a revenue boost from this year’s surge in online shopping. Pre-tax profit dropped to £17m (2019: £173m) whilst revenue jumped nearly 10% to £5.67bn.

Reporting Today:

 

 

Halma

Grainger

CMC Markets

Mitie Group

Johnson Matthey

Jet2

Investec

Kingfisher

Close Brothers Group

 

 

 

Reporting Tomorrow:

 

 

Sage Group

 

 

 

In Focus Today:

 

US Initial Jobless Claims

US Existing Home Sales

 

 

Today’s Ex Dividends:

 

UK 100:

 

Smurfit Kappa Group

Scottish Mortgage IT

DCC

B&M European Value Retail S.A.

 

UK 250:

 

Genus

Vivo Energy

Scottish American Investment Company

Tate & Lyle

Pershing Square Holdings

Civitas Social Housing

Morgan Advanced Materials

Electrocomponents

Great Portland Estates

Witan Investment Trust

Worldwide Healthcare Trust

NextEnergy Solar Fund

BlackRock World Mining 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.


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.
.