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 |
| RECKITT BENCKISER GROUP PLC | 6,630.0 | 3.6% |
| FLUTTER ENTERTAINMENT PLC | 9,750.0 | 3.2% |
| SAGE GROUP PLC/THE | 640.0 | 2.1% |
| HIKMA PHARMACEUTICALS PLC | 2,370.0 | 1.7% |
| ASTRAZENECA PLC | 8,322.0 | 1.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| HARGREAVES LANSDOWN PLC | 1440.5 | -12.6% |
| ROYAL DUTCH SHELL PLC-B SHS | 1286.4 | -11.4% |
| ROYAL DUTCH SHELL PLC-A SHS | 1325.0 | -10.8% |
| INTERCONTINENTAL HOTELS GROU | 3608.0 | -9.1% |
| INFORMA PLC | 439.2 | -8.8% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 5,901 | -3.5% | -20.5% |
| DOW JONES INDUS. AVG | 24,346 | -1.2% | -8.5% |
| DAX INDEX | 10,862 | -2.2% | -12.0% |
| NIKKEI 225 | 20,194 | 2.1% | -9.3% |
| S&P/ASX 200 INDEX | 5,522 | 2.4% | -13.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 19.09 | 26.76% |
| Brent Crude (ICE) | USD/bbl. | 25.27 | 12.11% |
| Gold Spot | USD/t oz. | 1,688 | 0.1% |
| Copper (Comex) | USd/lb. | 234 | -1.1% |
UK 100 called to open -100 points points at 5803. Calls for a negative open come on the back of sobering comments from Amazon and Apple about the impact of the coronavirus. Amazon.com warned of a possible second-quarter loss, while Apple omitted an earnings forecast for the first time in more than a decade, with today being Labour day meaning that continental Europe are off and Asian Markets closed too, there is little guidance as to early UK Index movements. OIl prices have risen, as major producers began output cuts t offset the slump in demand triggered by coronavirus.
Barratt Developments announce that work on construction sites will recommence from the 11th of May, in a phased return to construction with 180 sites (around 50%) reopening in its first phase.
Greggs has changed its mind about reopening 20 shops next week, fearing crowds of customers could gather.
IAG owned British Airways is seeking to lay off 25% of its pilots as it slashes costs to weather the coronavirus crisis.
RBS posts Q1 2020 pre-tax profit of £519m with impairments for bad debts due to coronavirus standing at £802m. They will defer any decisions on future dividend payments until the end of 2020.
Royal Bank Of Scotland
Anglo American (AGM)
US - ISM Manufacturing PMI
US - Average Earnings
UK 100 :
BP
Admiral Group
St. James’s Place
Polymetal International
:
GCP Infrastructure Investments
Edinburgh Investment Trust
Lancashire Holdings
Hipgnosis Songs Fund
Greggs Downgraded by Peel Hunt to Sell (Bloomberg: 1 Buy/ 2 Holds/ 2 Sells)
International Consolidated Airlines Group Downgraded by Goldman Sachs to Neutral (Bloomberg: 22 Buy/ 4 Holds/ 1 Sells)
Next Upgraded by HSBC to Buy (Bloomberg: 6 Buy/ 11 Holds/ 3 Sells)
Royal Dutch Shell Downgraded by Berenberg to Hold (Bloomberg: 9 Buy/ 15 Holds/ 2 Sells)
Royal Dutch Shell Downgraded by HSBC to Hold (Bloomberg: 10 Buy/ 14 Holds/ 2 Sells)
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.