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|
|SMURFIT KAPPA GROUP PLC||3,714.0||4.2%|
|HIKMA PHARMACEUTICALS PLC||2,440.0||3.2%|
|HARGREAVES LANSDOWN PLC||1,719.5||3.1%|
|INTERMEDIATE CAPITAL GROUP||2,186.0||2.9%|
|Yesterday’s UK 100 Laggards||Price (p)||% Chg|
|OCADO GROUP PLC||2097.0||-4.0%|
|FLUTTER ENTERTAINMENT PLC-DI||14840.0||-3.2%|
|ANGLO AMERICAN PLC||3070.0||-2.3%|
|WEIR GROUP PLC/THE||1917.0||-2.2%|
|Major World Indices||Price||% Chg||1 YEAR|
|UK 100 INDEX||6,970||0.1%||20.9%|
|DOW JONES INDUS. AVG||34,113||0.7%||43.6%|
|S&P/ASX 200 INDEX||7,060||0.5%||32.7%|
|WTI Crude Oil (Nymex)||USD/bbl.||64.42||-0.11%|
|Brent Crude (ICE)||USD/bbl.||67.49||-0.10%|
|Gold Spot||USD/t oz.||1,786||-0.4%|
UK 100 is called to open +33 points this morning at 7002. A positive open is expected this morning in the UK, following yesterdays bank holiday and ahead of the expected signing this week of a trade deal with India. Stateside yesterdays saw a mixed session on Wall Street, with the Dow Jones gaining 238 points or 0.7% to close back above the 34,000 mark and the S&P 500 rising 0.3%, however it was a different story for the tech heavy Nasdaq, which dropped by 0.5%. In Asia overnight, markets were higher as the Reserve Bank of Australia decided to maintain its current policy settings, including keeping the cash rate at 0.1%. The Hang Seng index in Hong Kong rose 0.47% while South Korea’s Kospi gained 0.34%. The markets in China, Japan and Thailand were closed on Tuesday for holidays.
AstraZeneca’s diabetes drug Farxiga has been approved in the US for treating chronic kidney disease.
BP is preparing to bid for the rights to build wind farms off Scotland.
Domino’s Pizza Group has sold its entire shareholding in PPS Foods.
Provident Financial is to close its doorstep lending business after 141 years.
Vodafone and Alphabet have entered a strategic partnership to jointly develop data services.
HSBC resumes rating WH Smith with a Buy (3 Buys / 4 Holds / 0 Sells)
JP Morgan Upgrades IAG to Overweight from Neutral (9 Buys / 6 Holds / 0 Sells)
Direct Line Insurance Group
Chinese Caixin Manufacturing PMI
UK Markit Manufacturing PMI
US Goods and Services Trade Balance
US Factory Orders
Reckitt Benckiser Group
GCP Infrastructure Investments
Hipgnosis Songs Fund
Edinburgh Investment Trust
UK Commercial Property REIT
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.