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 |
SAGE GROUP PLC/THE | 628.8 | 5.6% |
OCADO GROUP PLC | 831.0 | 5.5% |
INTERMEDIATE CAPITAL GROUP | 1,409.5 | 4.0% |
AUTO TRADER GROUP PLC | 517.0 | 3.5% |
JD SPORTS FASHION PLC | 106.5 | 3.5% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
BP PLC | 379.5 | -6.2% |
RIO TINTO PLC | 5177.0 | -4.9% |
SHELL PLC | 2044.0 | -4.7% |
HARBOUR ENERGY PLC | 347.0 | -4.6% |
ANTOFAGASTA PLC | 1274.0 | -3.9% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,016 | -0.4% | 0.0% |
DOW JONES INDUS. AVG | 29,889 | -0.1% | -10.2% |
DAX INDEX | 13,126 | 0.7% | -15.0% |
NIKKEI 225 | 25,691 | -1.1% | -11.3% |
S&P/ASX 200 INDEX | 6,435 | -0.6% | -12.7% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 109.60 | 0.04% |
Brent Crude (ICE) | USD/bbl. | 113.96 | 0.74% |
Gold Spot | USD/t oz. | 1,843 | 0.2% |
Copper (Comex) | USd/lb. | 403 | -0.1% |
The UK 100 is called to open +6 points this morning at 7022. The UK 100 looks set to start the week modestly higher, bouncing from overnight lows. On Friday, US manufacturing data were softer than expected, this led to a mixed session on Wall Street Friday, The Dow Jones slipped 38.29 points, or 0.13% to 29,888.78, while the S&P gained 0.22% to close at 3,674.84. The Nasdaq jumped 1.43% to 10,798.35. Asian shares were mostly lower on Monday as China’s one-year and five-year loan prime rates were both left unchanged. Japan’s Nikkei was trading 0.96% lower while South Korea’s Kospi tumbled 2.45%. The Shanghai Composite in China rose 0.09% and Hong Kong’s Hang Seng index gained 0.05%.
Associated British Foods maintained its FY guidance after trading in line with expectations in its latest quarter and said its Primark fashion division would launch a UK trial of a Click & Collect service on children’s products. Revenue for Q3 to May 28th +32% and sales in its food businesses +10%.
Deliveroo hires MoneySupermarket.com CFO Scilla Grimble to be their new CFO. Current CFO Adam Miller will depart on September 17th.
Kingspan expects to report record H1 trading profit of 415m euros, up from 329m YoY.
Rank Group says Grosvenor casinos performance since April were “considerably weaker than expected”.
JP Morgan Downgrades Deliveroo to Underweight from Neutral (8 Buys / 7 Holds / 0 Sells)
None
BMO Global Smaller Companies PLC*
Bankers Investment Trust*
DS Smith
Intermediate Capital Group
Safestore Holdings
Telecom Plus
PBoC Interest Rate Decision
German Producer Price Index
Chicago Fed National Activity Index
FTSE 100:
Airtel Africa
Experian
British Land Company
United Utilities Group
FTSE 250:
Mercantile Investment Trust
TR Property Investment 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.