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 |
Prudential PLC | 1,085.5 | 5.3% |
Haleon PLC | 295.0 | 1.2% |
Severn Trent PLC | 2,759.0 | 0.9% |
Auto Trader Group PLC | 580.0 | 0.8% |
Astrazeneca PLC | 11,260.0 | 0.7% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Hargreaves Lansdown PLC | 854.4 | -2.0% |
M&G PLC | 186.8 | -2.0% |
Burberry Group PLC | 2124.0 | -1.9% |
Persimmon PLC | 1276.5 | -1.5% |
St. James’s Place PLC | 1168.0 | -1.4% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,568 | 0.2% | 4.6% |
DOW JONES INDUS. AVG | 33,947 | -1.4% | -3.6% |
DAX INDEX | 14,448 | -0.6% | -6.1% |
NIKKEI 225 | 27,886 | 0.2% | -0.2% |
S&P/ASX 200 INDEX | 7,291 | -0.5% | 0.6% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 77.64 | 0.92% |
Brent Crude (ICE) | USD/bbl. | 83.51 | 1.00% |
Gold Spot | USD/t oz. | 1,771 | 0.1% |
Copper (Comex) | USd/lb. | 381 | 0.3% |
The UK 100 is called to open -4 points this morning at 7563. The UK 100 looks set to open marginally lower this morning, taking lead from yesterdays session stateside, heavy falls in the US came after stronger-than-expected ISM services data that prompted fears about the US Federal Reserve’s rate hike trajectory again. At the close the Dow Jones was down 483 points, or 1.4%, to 33,947, the S&P slipped 73 points, or 1.8%, to 3,999 and the Nasdaq declined 222 points, or 2%, to 11,240.
.
Ashtead reports a H1 pretax profit of $1.19bn, up 35% from $889.9m YoY. They have increased their H1 interim dividend by 20% to 15 cents, as they expect FY results to be above previous expectations.
Marston’s reports a FY22 pretax profit of £163.4m (2021: £171.1m loss). They state they’re well positioned to meet challenging market conditions.
Phoenix expects £1.2bn of incremental new business long-term cash generation in 2022, through organic growth. They are on track for 2022 cash generation of top end of £1.3-1.4bn range.
SSP report a FY22 pretax profit of £25.2m (2021: £411.2m loss).
Victrex reports a FY22 pretax profit of £95m (2021: £91.7m profit) as they remain mindful of uncertain macroeconomic outlook for 2023.
Credit Suisse Downgrades Mondi to Underperform from Outperform (6 Buys / 2 Holds / 0 Sells)
JP Morgan Downgrades Close Brothers to Underweight from Neutral (4 Buys / 4 Holds / 0 Sells)
JP Morgan Downgrades Lloyds to Neutral from Overweight (11 Buys / 4 Holds / 1 Sell)
JP Morgan Downgrades United Utilities to Neutral from Overweight (2 Buys / 8 Holds / 0 Sells)
JP Morgan Upgrades Barclays to Overweight from Neutral (9 Buys / 9 Holds / 0 Sells)
Ashtead
SSP Group
Victrex
Moonpig Group
Redde Northgate
Monks Investment Trust
Paragon Banking Group
Tritax Eurobox
UK BRC Like-For-Like Retail Sales
EcoFin Meeting
German Factory Orders s.a.
US Goods and Services Trade Balance
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.