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 |
| Ocado Group PLC | 664.8 | 6.8% |
| Intermediate Capital Group PLC | 1,268.0 | 6.2% |
| Schroders PLC | 463.4 | 4.8% |
| Prudential PLC | 1,016.0 | 3.7% |
| Scottish Mortgage Investment Trust PLC | 796.4 | 3.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Pearson PLC | 943.6 | -5.2% |
| Rolls-Royce Holdings PLC | 86.9 | -4.4% |
| Standard Chartered PLC | 594.8 | -3.7% |
| Anglo American PLC | 3301.5 | -3.1% |
| Shell PLC | 2382.0 | -2.5% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,558 | -0.2% | 5.4% |
| DOW JONES INDUS. AVG | 34,395 | -0.6% | 1.1% |
| DAX INDEX | 14,490 | 0.7% | -6.4% |
| NIKKEI 225 | 28,226 | 0.9% | 1.7% |
| S&P/ASX 200 INDEX | 7,354 | 1.0% | 1.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 81.22 | 0.83% |
| Brent Crude (ICE) | USD/bbl. | 87.10 | 0.15% |
| Gold Spot | USD/t oz. | 1,803 | 0.0% |
| Copper (Comex) | USd/lb. | 382 | 2.1% |
Click graph to enlarge
The UK 100 is called to open -2 points this morning at 7556. The UK 100 looks set to open slightly lower today, ahead of Non Farm payroll data which will provide further evidence as to the state of the health of the US economy. It was a risk off feel on Wall Street yesterday also, The Dow dropped 194.76 points, or 0.56%, to close at 34,395.01. The S&P 500 closed down 0.09% to 4,076.57, however the Nasdaq gained 0.13% to end at 11,482.45.
GlaxoSmithKline says Jemperli Ruby phase III trial met its primary endpoint in interim analysis. They also announce that the EMA accepts their marketing authorisation application for momelotinib, a treatment for myelofibrosis, type of bone marrow cancer.
Ryanair reports that their November passenger traffic up 10% at 11.2m (Nov 2022: 10.2m).
ScS CFO Chris Muir is to step down in 12 months.
Softcat announces that their current CFO Graham Charlton is to be CEO designate before becoming CEO on Aug 1st. They have also hired ASOS interim CFO Katy Mecklenburgh as new CFO to join no later than mid-Jun.
Wizz Air reports November passengers came in at 3.7m, up 70% YoY at 88.1% load factor.
Goldman Sachs Upgrades AB Foods to Neutral from Sell (2 Buys / 15 Holds / 0 Sells)
Jefferies Upgrades AJ Bell to Buy from Hold (5 Buys / 4 Holds / 0 Sells)
JP Morgan Downgrades THG to Underweight from Neutral (5 Buys / 8 Holds / 0 Sells)
AJ Bell
None
German Trade Balance s.a.
US Nonfarm Payrolls
UK 100 companies going ex-dividend on 8th December 2022:
Intermediate Capital Group
JD Sports Fashion
UK 250 companies going ex-dividend on 8th December 2022:
Sirius Real Estate
Investec
Liontrust Asset Management
Energean
SDCL Energy Efficiency Income Trust
Assura
Shaftesbury
Temple Bar Investment Trust
Johnson Matthey
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.