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 |
| Natwest Group PLC | 307.4 | 6.1% |
| Ashtead Group PLC | 6,104.0 | 6.0% |
| Rolls-Royce Holdings PLC | 421.1 | 3.8% |
| Intermediate Capital Group PLC | 2,048.0 | 3.7% |
| Rs Group PLC | 732.5 | 3.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Convatec Group PLC | 257.8 | -6.5% |
| Beazley PLC | 638.0 | -3.1% |
| Entain PLC | 784.2 | -3.1% |
| Ocado Group PLC | 353.1 | -2.5% |
| Associated British Foods PLC | 2,635.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,140 | 0.8% | 3.4% |
| DOW JONES INDUS. AVG | 38,240 | 0.4% | 12.2% |
| DAX INDEX | 18,161 | 1.4% | 14.1% |
| NIKKEI 225 | 37,935 | 0.8% | 31.5% |
| S&P/ASX 200 INDEX | 7,637 | 0.8% | 4.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 83.01 | -1.00% |
| Brent Crude (ICE) | USD/bbl. | 88.47 | -1.15% |
| Gold Spot | USD/t oz. | 2,329 | -0.4% |
| Copper (Comex) | USd/lb. | 459 | 0.4% |
Click graph to enlarge
The UK 100 called to open +47 points at 8,186. The UK 100 looks set to open at another fresh high this morning, continuing on from last weeks strong performance. Stocks jumped Stateside Friday, and the S&P and Nasdaq notched their best week since November as Big Tech names rallied on strong earnings and traders pored through fresh U.S. inflation data. The broad market index advanced 1.02% to settle at 5,099.96. The tech-heavy Nasdaq climbed 2.03% to close at 15,927.90 and secure its best daily move since February. The Dow Jones rose 153.86 points, or 0.4%, to finish at 38,239.66
Anglo American: BHP Group are considering making an improved offer for Anglo American after its $39bn initial proposal was rejected.
Beazley reports that their Q1 2024 insurance written premiums increased 7% to $1.48bn, up from $1.38bn YoY.
Hipgnosis Songs Fund’s board agrees to Blackstone offer of $1.30 per share in cash valuing the company at $1.57bn.
Barclays Downgrades JD Sports Fashion to Equal-weight (7 Buys / 2 Holds / 0 Sells)
UK
Beazley
US
MicroStrategy
UK
Coca-Cola HBC
Elementis
Glencore
HSBC Holdings
Hargreaves Lansdown
Howden Joinery Group
Rotork
St James’ Place
Whitbread
US
3M Co
Coca-Cola
Eli Lilly and Co
McDonald’s Corp
Starbucks Corp
Advanced Micro Devices
Amazon.com
Lemonade
Mondelez
PayPal Holdings
EU Business Climate
EU Consumer Confidence
EU Economic Sentiment Indicator
German Consumer Price Index
German Harmonized Index of Consumer Prices
Japanese Unemployment Rate
Japanese Retail Trade
UK 100 companies going ex-dividend on 2nd May 2024:
RELX
Glencore
UK 250 companies going ex-dividend on 2nd May 2024:
Inchcape
GCP Infrastructure Investments
Coats Group
Genuit Group
4imprint Group
Hiscox
Elementis
Senior
Edinburgh Investment Trust
IWG
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.