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 |
| INTL CONSOLIDATED AIRLINE-DI | 178.1 | 7.5% |
| ROLLS-ROYCE HOLDINGS PLC | 105.5 | 6.9% |
| INFORMA PLC | 536.6 | 5.4% |
| COMPASS GROUP PLC | 1,486.0 | 4.2% |
| INTERCONTINENTAL HOTELS GROU | 5,312.0 | 4.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| OCADO GROUP PLC | 2401.0 | -6.2% |
| SCOTTISH MORTGAGE INV TR PLC | 1267.0 | -5.9% |
| JUST EAT TAKEAWAY | 7166.0 | -4.6% |
| SMITH & NEPHEW PLC | 1415.0 | -4.0% |
| AVEVA GROUP PLC | 3618.0 | -3.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| FTSE 100 INDEX | 6,612 | -0.2% | -10.7% |
| DOW JONES INDUS. AVG | 31,522 | 0.1% | 8.7% |
| DAX INDEX | 13,950 | -0.3% | 2.7% |
| NIKKEI 225 | 30,156 | 0.5% | 28.9% |
| S&P/ASX 200 INDEX | 6,839 | 0.9% | -4.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.49 | 3.80% |
| Brent Crude (ICE) | USD/bbl. | 66.20 | 1.47% |
| Gold Spot | USD/t oz. | 1,812 | 0.1% |
| Copper (Comex) | USd/lb. | 417 | 0.5% |
Click graph to enlarge
UK 100 is called to open +15 points this morning at 6629. Calls for a positive open come due in part, to the news that HBSC will start paying a dividend again. HSBC saw its Hong Kong-listed shares race up 8% in Asian trading this morning, and also thanks to the clear roadmap, outlined by UK Prime Minister, Boris Johnson yesterday. Yesterday, Stateside saw market indices in the main fall, though the Dow Jones managed a slim add of 27 points or 0.1% to close at 31,521.69. The S&P was however lower, by 0.8% and the tech-heavy Nasdaq Composite was the biggest loser, giving up 2.5%, with all but one of the top 20 largest companies all moving lower, with the biggest being an 8% decline for Tesla Inc. We also saw a mixed session in Asia, The Hang Seng in Hong Kong gained 0.95% while the Shanghai Composite in China dipped 0.49%. In Japan, the Nikkei 225 rose 0.46%.
HSBC reported a 34% fall in annual profits, slightly better than expectations, due to the pandemic. Profit before tax was $8.78bn compared to $13.35bn a year earlier. However, this was better than the $8.33bn average of analysts’ forecasts. The board as adopted a policy to provide sustainable dividends going forward. Shares of the stock rallied 6% in Asia after results.
Intercontinental Hotels Group says that 2020 has been its most challenging year in its history, and that forced COVID-19 restrictions and lo9ckdowns forced it to book an annual loss. The group had an operating loss of $153m compared with a profit of $633m a year before.
Anglo Americans’ Kumba Iron Ore’s annual results came in at EBITDA of $2.8bn. Earnings growth was up by 40%.
Aviva has agreed the sale of its French business for 3.2bn euros to new insurer Aema Groupe. Aviva say this will increase excess capital by £2.1bn.
Carnival Corporation announces pricing of common stock. They will place 40,450,619m shares at $21.10 p/s.
HBSC Holdings
InterContinental Hotels Group
Ascential
Lloyds Banking Group
Murray Income Trust
Reckitt Benckiser
William Hill
UK Claimant Count Change
UK ILO Unemployment Rate
Eurozone Consumer Price Index
US Housing Price Index
US Consumer Confidence
UK 100:
Diageo
Land Securities Group
Unilever
AstraZeneca
Barclays
UK 250:
Witan Investment Trust
Redrow
LXI REIT
Plus500
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.