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||202.0||5.1%|
|MELROSE INDUSTRIES PLC||171.8||4.3%|
|NATWEST GROUP PLC||197.3||4.0%|
|LEGAL & GENERAL GROUP PLC||285.6||3.6%|
|Yesterday’s UK 100 Laggards||Price (p)||% Chg|
|OCADO GROUP PLC||2030.0||-2.3%|
|SEVERN TRENT PLC||2294.0||-2.1%|
|BRITISH AMERICAN TOBACCO PLC||2770.0||-2.0%|
|POLYMETAL INTERNATIONAL PLC||1389.5||-1.7%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||6,772||0.5%||19.4%|
|DOW JONES INDUS. AVG||33,067||-0.3%||48.1%|
|S&P/ASX 200 INDEX||6,791||0.8%||33.8%|
|WTI Crude Oil (Nymex)||USD/bbl.||60.85||0.50%|
|Brent Crude (ICE)||USD/bbl.||64.50||0.56%|
|Gold Spot||USD/t oz.||1,689||0.2%|
UK 100 is called to open -12 points this morning at 6760. The UK bluechip index is called lower this morning as investor sentiment from weaker global sessions yesterday seems to have filtered through to Europe, as US treasury yields once again rose yesterday. This let to The Dow Jones ending the session on Tuesday down by 0.31% at close at 33.066 while the S&P dropped similarly 0.32% to end the session at 3,958 and the Nasdaq completed the red day stateside falling by 0.11% to 13,045. The picture was much the same in Asia this morning, The Hang Seng index in Hong Kong slipped 0.31% while the Shanghai Composite in China fell 0.61%. In Japan, the Nikkei gave up 0.73%.
AstraZeneca: Germany will restrict the use of AstraZeneca’s COVID-19 vaccine to people aged 60 and over and high priority groups.
GKP wings to a 2020 pretax loss of $47m (2019: $43.3m profit) as they are to reinstate their annual dividend totalling $25m in 2021. Their average 2020 output was 36,625 bopd, which beat guidance.
Petropavlovsk increases their guidance for 2021 gold production to 470,000 ounces (from 430,000 ounces) as they plan to complete their management restructure by Q2.
Jefferies Upgrades Hikma Pharmaceuticals to a Buy from Hold (4 Buys / 3 Holds / 1 Sell)
Morgan Stanley Downgrades BP to Underweight from Equal weight (6 Buys / 8 Holds / 2 Sells)
Chinese Non-Manufacturing PMI
Chinese NBS Manufacturing PMI
UK Gross Domestic Product
EU Consumer Price Index – Core
President Biden speech
US ADP Employment Change
German Unemployment Change
US Pending Home Sales
Phoenix Group Holdings
Smith & Nephew
Murray International Trust
Primary Health Properties
Finsbury Growth & Income Trust
RIT Capital Partners
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.