Getting latest data loading
Home / Morning Report / Morning Report

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Morning Report - 4 November 2019

Yesterday’s UK 100 Leaders Price (p) % Chg
RIO TINTO PLC 4,168.0 3.8%
GLENCORE PLC 241.0 3.6%
EVRAZ PLC 379.6 3.4%
FLUTTER ENTERTAINMENT PLC 8,210.0 3.2%
ANGLO AMERICAN PLC 2,043.5 3.1%
Yesterday’s UK 100 Laggards Price (p) % Chg
AUTO TRADER GROUP PLC 544.2 -3.2%
HARGREAVES LANSDOWN PLC 1737.0 -2.0%
CENTRICA PLC 71.3 -1.8%
RIGHTMOVE PLC 588.4 -1.7%
BRITISH LAND CO PLC 611.6 -1.5%
Major World Indices Price % Chg 1 Year
UK 100 INDEX 7,302 0.8% 2.9%
DOW JONES INDUS. AVG 27,347 1.1% 8.2%
DAX INDEX 12,961 0.7% 12.5%
NIKKEI 225 22,851 -0.3% 2.7%
S&P/ASX 200 INDEX 6,687 0.3% 14.3%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 55.90 -0.53%
Brent Crude (ICE) USD/bbl. 61.37 -0.52%
Gold Spot USD/t oz. 1,512 -0.2%
Copper (Comex) USd/lb. 266 0.3%
UK 100 called to open +35 at 7325

UK 100 : 4 hours, 2 Months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open +35 points at 7325 this morning; This comes on the back of fresh hopes of a trade deal being struck between the US and China, Wilbur Ross (US commerce secretary) said he was “optimistic” a deal could be done.  UK prime minister has apologised for missing the Brexit deadline.  US closed the week with a massive green day on Friday, The Dow closed +1.11%; The S&P 500 +0.97%; The Nasdaq +1.13%; Overnight in Asia we saw further positive sentiment, the Nikkei closed down 0.33%; The Hang Seng +1.37%.  Oil rallied to just short of $62 per barrel, focus may be on the UK listed oilies.  Gold sat above $1500 once more to open at $1512.

 

In corporate news this morning:

 

Marston’s have announced that it has reached agreement for the disposal of 137 pubs for £44.9m to Admiral Taverns. The pubs have a book value of £62.6m. 

Ryanair reports H1 2019 profit of 1.15bn euros, FY profit guidance narrowed to 800m-900m euros as outlook for their full year remains cautious. Traffic +11%, revenue per guest +1%, 90% of flights arrived on time and 250m euros returned to shareholders under 700m euros buyback programme.

 

Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

 

Upgrades/Downgrades:

 

None

 

In Focus Today:

 

UK Markit construction PMI

 

US Factory Orders

 

 

Companies reporting today:

 

None

Companies reporting tomorrow:

 

ABF, Imperial Brands

 

Companies reporting this Week:

 

Marks & Spencer, Intu Properties, Flutter, Hikma, Provident Financial, Persimmon, RSA Insurance, Sainsburys

 

(Full list available on Week in advance)

 

This Week’s Ex-Dividends:

 

BP – 1.6%

 

Whitbread  – 0.8%

 

Galliford Try – 4.7%

 

Card Factory – 4.6%

 

 

(Full list available on Week in advance)

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.


Back to Top

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.