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 - 22 June 2022

Yesterday’s UK 100 Leaders Price (p) % Chg
DS SMITH PLC 293.9 4.1%
ANTOFAGASTA PLC 1,329.5 3.0%
MELROSE INDUSTRIES PLC 156.5 2.7%
RIO TINTO PLC 5,242.0 2.3%
GLENCORE PLC 483.2 2.2%
Yesterday’s UK 100 Laggards Price (p) % Chg
OCADO GROUP PLC 847.6 -3.4%
ADMIRAL GROUP PLC 2107.0 -2.3%
ASSOCIATED BRITISH FOODS PLC 1613.0 -2.1%
WHITBREAD PLC 2609.0 -1.8%
INTL CONSOLIDATED AIRLINE-DI 118.6 -1.7%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,149 0.4% 1.4%
DOW JONES INDUS. AVG 30,432 1.8% -8.6%
DAX INDEX 13,300 0.3% -14.0%
NIKKEI 225 26,246 1.8% -9.1%
S&P/ASX 200 INDEX 6,524 1.4% -11.2%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 111.51 1.78%
Brent Crude (ICE) USD/bbl. 115.10 0.85%
Gold Spot USD/t oz. 1,839 0.0%
Copper (Comex) USd/lb. 406 0.8%
The UK 100 is called to open -85 points this morning at 7065. 

4 Hours; 12 Months

Click graph to enlarge

Markets Overview:

 

The UK 100 is called to open -85 points this morning at 7065.  The UK 100 looks set to fall this morning after fresh figures showed UK inflation climbed to a new 40-year high last month.  May’s consumer price index (CPI) was up 9.1% in May compared to the same period last year, the highest since 1982 and up from 9% the month before, the Office for National Statistics revealed.  Tuesday saw Wall Street stocks rally. The Dow Jones advanced some 641 points or 2.15% to close at 30,530.  The S&P 500 was stronger, up 2.45% to 3,764 whilst the Nasdaq climbed 2.51% to 11,069. The small-cap focussed Russell 2000 meanwhile tacked on 1.7% to 1,694.  In Asia, this morning, though, Japan’s Nikkei drifted 0.08% lower to 26,223 whilst Hong Kong’s Hang Seng fell 1.24% to 21,292 and the Shanghai Composite dipped down 0.31% to 3,297.

 

 

Company News & Broker Comments:

 

Company News:

Anglo American fifth cycle De Beers rough diamond sales amount to $650m.

 

 

AstraZeneca, Merck & Co’s Lynparza sees positive results in Phase 3 PROpel trial.

 

 

Berkeley Group report a FY22 pretax profit of £551.5m, +6.4% from FY21.

 

 

EasyJet will be hit by strike action in July, with over 400 of its crew members in Spain calling for industrial action.

 

 

JD Sports expects pretax profit for FY23 to be in line with performance of FY22. They report a FY22 pretax profit of £654.7m, up from £324m YoY.

 

 

NatWest: UK government extends trading plan for NatWest share sales by a year to Aug 11th, 2023.

Broker Comments:

Barclays Downgrades Vodafone to Equal Weight from Overweight (10 Buys / 5 Holds / 1 Sell)

 

 

Jefferies Upgrades NatWest to Buy from Hold (12 Buys / 4 Holds / 0 Sells)

 

 

Jefferies Upgrades Smurfit Kappa to Buy from Hold (3 Buys / 2 holds / 0 Sells)

 

Reporting Today:

 

Berkeley Group Holdings

 

Liontrust Asset Management

 

Micro Focus International

 

Reporting Tomorrow:

 

Serco Group

 

In Focus Today:

 

UK Consumer Price Index

 

UK PPI Core Output

 

UK Retail Price Index

 

EU Consumer Confidence

 

 

Tomorrow’s Ex-Dividends:

 

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.


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.
.