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Morning Report - 22 November 2021

Yesterday’s UK 100 Leaders	Price (p)	% Chg
OCADO GROUP PLC	1,897.5	6.8%
ROYAL MAIL PLC	498.5	3.7%
RIGHTMOVE PLC	763.6	2.9%
SEGRO PLC	1,402.0	2.8%
RECKITT BENCKISER GROUP PLC	6,248.0	2.3%

Yesterday’s UK 100 Laggards	Price (p)	% Chg
COMPASS GROUP PLC	1479.5	-5.2%
MELROSE INDUSTRIES PLC	159.5	-4.4%
KINGFISHER PLC	322.5	-4.4%
ROLLS-ROYCE HOLDINGS PLC	136.0	-3.9%
INTL CONSOLIDATED AIRLINE-DI	148.5	-3.8%

Major World Indices	Price	% Chg	1 YEAR
UK 100 INDEX	7,224	-0.5%	13.7%
DOW JONES INDUS. AVG	35,602	-0.8%	21.7%
DAX INDEX	16,160	-0.4%	23.0%
NIKKEI 225	29,774	0.1%	16.6%
S&P/ASX 200 INDEX	7,353	-0.6%	12.5%

Commodities	Units	Price	% Chg
WTI Crude Oil (Nymex)	USD/bbl.	75.78	-0.21%
Brent Crude (ICE)	USD/bbl.	78.59	-0.38%
Gold Spot	USD/t oz.	1,842	-0.2%
Copper (Comex)	USd/lb.	437	-0.6%

The UK 100 is called to open +25 points today at 7248.

4 hours; 6 Months

Click graph to enlarge

Markets Overview:

The UK 100 is called to open +25 points today at 7248. A positive start to the week is expected this morning for the UK’s major share index, this comes despite tightening of lockdowns and civil unrest breaking out in some areas of mainline Europe. In Asia earlier, the picture was mixed with Chinese central bank warning on the threat posed by ‘stagflation’ as China kept its one-year and five-year Loan Prime Rate (LPR) unchanged at 3.85% and 4.65%, respectively. China’s Shanghai Composite gained 0.61% while Hong Kong’s Hang Seng index dipped 0.48%. In Japan, the Nikkei rose 0.09% and South Korea’s Kospi surged 1.54%.

Company News & Broker Comments:

Company News:

BHP: Woodside sign binding deal for BHP oil and gas arm’s merger with Woodside.

Diploma reports that their pretax profit has risen to £96.6m from £66.7m as they up their FY payout to 42.6p per share. The do state that the market outlook is “uncertain” stating labour and supply chain pressures. They leave outlook for the new year unchanged whilst eyeing 10% revenue growth.

Hochschild rejects any interference on environmental pollution in Peru.

Royal Dutch Shell have announced plans to purchase online energy retailer Powershop Australia for an undisclosed sum.

Broker Comments

No new broker comments

Reporting Today:

Big Yellow Group

Diploma

Reporting Tomorrow:

AO World

CRH

Coats Group

Compass Group

Cranswick

Pets at Home

Severn Trent

Telecom Plus

In Focus Today:

PBoC Interest Rate Decision

US Chicago Fed National Activity Index

EU Consumer Confidence

This Week’s Ex-Dividends:

FTSE 100:

Vodafone Group

Imperial Brands

British Land Company

Land Securities Group

FTSE 250:

Diversified Energy Company

3i Infrastructure

CMC Markets

Tate & Lyle

HICL Infrastructure

Hipgnosis Songs Fund

Murray Income Trust

Electrocomponents

Kainos Group

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