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Morning Report - 26 November 2021

Yesterday’s UK 100 Leaders Price (p) % Chg
LAND SECURITIES GROUP PLC 766.2 3.6%
COMPASS GROUP PLC 1,584.0 3.2%
WHITBREAD PLC 3,108.0 2.8%
INTERCONTINENTAL HOTELS GROU 5,042.0 2.8%
ST JAMES’S PLACE PLC 1,586.5 2.3%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
VODAFONE GROUP PLC 114.1 -3.1%
RIGHTMOVE PLC 740.2 -2.1%
DARKTRACE PLC 479.6 -1.9%
IMPERIAL BRANDS PLC 1594.0 -1.4%
OCADO GROUP PLC 1749.0 -1.4%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,310 0.3% 14.9%
DOW JONES INDUS. AVG 35,804 0.0% 19.9%
DAX INDEX 15,918 0.3% 19.8%
NIKKEI 225 28,752 -2.5% 8.3%
S&P/ASX 200 INDEX 7,279 -1.7% 9.7%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 75.25 -4.01%
Brent Crude (ICE) USD/bbl. 79.40 -3.43%
Gold Spot USD/t oz. 1,804 0.9%
Copper (Comex) USd/lb. 439 -1.9%
The UK 100 is called to open -220 points today at 7095. 

4 hours; 6 Months

Click graph to enlarge

Markets Overview:

 

 

The UK 100 is called to open -220 points today at 7095.  A sharp fall is expected this morning for global markets after the emergence of a heavily mutated variant of Covid-19 in South Africa, called B.1.1.529. The UK has paused flights from South Africa and five other neighbouring countries.  in Asia this morning, Japan’s Nikkei 225 is off 768 points at 28,731 while in Hong Kong, the Hang Seng is down 565 points at 24,175.  US markets were closed yesterday for Thanksgiving

 

Company News & Broker Comments:

 

 

Company News:

Diageo are to buyback £550m shares in a new tranche of capital return programme which will be completed by 4th March 2022.
Essentra announces that their CFO Lily Liu will be stepping down to take up the CFO role at Synthomer.
Travel Stocks: UK adds 6 countries to the red list as sounds alarm on new COVID variant.

 

Broker Comments

RBC Downgrades SSE to Sector Perform from Outperform (7 Buys / 6 Holds / 1 Sell)
UBS Upgrades EasyJet to Buy from Neutral (10 Buys / 5 Holds / 1 Sell)

 

 

Reporting Today:

 

 

Mitchells & Butler

TR Property Investment Trust

 

 

Reporting Tomorrow:

 

 

 

None

 

 

In Focus Today:

 

 

BoJ’s Governor Kuroda speech

German Harmonized Index of Consumer Prices

BoC’s Governor Macklem speech

EU Business Climate

EU Consumer Confidence

EU Industrial Confidence

US Pending Home Sales

Japanese Unemployment Rate

Next Week’s Ex-Dividends:

 

FTSE 100:

 

Royal Mail

National Grid

Severn Trent

3i Group

Royal Mail

Johnson Matthey

 

FTSE 250:

 

Ninety One

Bellway

Telecom Plus

Fidelity Special Values

Big Yellow Group

LXI REIT

AVI Global Trust

Pets At Home Group

Hill & Smith Holdings

Great Portland Estates

Alliance Trust

Templeton Emerging Markets IT

Caledonia Investments

Personal Assets Trust

Oxford Instruments

 

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.


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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.


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