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 - 1 September 2020

Friday’s UK 100 Leaders Price (p) % Chg
POLYMETAL INTERNATIONAL PLC 2,028.0 4.5%
WHITBREAD PLC 2,529.0 2.9%
FRESNILLO PLC 1,262.5 2.9%
STANDARD CHARTERED PLC 392.4 2.1%
TAYLOR WIMPEY PLC 122.5 2.0%

 

Friday’s UK 100 Laggards Price (p) % Chg
ROLLS-ROYCE HOLDINGS PLC 241.1 -3.6%
MELROSE INDUSTRIES PLC 101.8 -3.5%
DS SMITH PLC 258.7 -3.1%
SMURFIT KAPPA GROUP PLC 2674.0 -2.9%
WPP PLC 645.6 -2.8%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 5,964 -0.6% -17.3%
DOW JONES INDUS. AVG 28,427 -0.8% 7.7%
DAX INDEX 12,945 -0.7% 8.4%
NIKKEI 225 23,140 1.1% 11.8%
S&P/ASX 200 INDEX 6,060 -0.2% -8.2%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 42.86 -0.26%
Brent Crude (ICE) USD/bbl. 45.59 -0.48%
Gold Spot USD/t oz. 1,968 0.2%
Copper (Comex) USd/lb. 306 1.2%
UK 100 called to open -8 points this morning at 5955. 

1 day; 6 months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open -8 points this morning at 5955.  Calls for a negative open come as traders wait on key updates on the health of the manufacturing sector across Europe.  With UK Markets closed yesterday we look to the US for an indication of how the month of August closed out, The Dow Jones dropped 223.82 points, or 0.8%, to close the month at 28,430.05. The S&P fell 0.2% to 3,500.31. While the Nasdaq climbed 0.7% to 11,775.46. In was a mixed session on Monday, but we did however close with the strongest August performance on the US markets for 30 years.

 

Company News:

 AA state that they have been granted an extension for potential offers by regulators until 29th September. They have been approached by three bidders: Centerbridge Partners Europe & Towerbrook Capital Partners acting together, Platinum Equity Advisors and Warburg Pincus.

AstraZeneca announce it has begun enrolling adults for a U.S. funded, 30,000 subject, late stage study of its high profile COVID-19 vaccine candidate.

Dunelm announce strong sales in the last two months with Y-o-Y sales growth +59% in July and +24% in August because of pent up demand following store closure period.

 

 

Reporting Today:

 

Dalata Hotel Group PLC

Highland Gold Mining Ltd

 

Reporting Wednesday:

 

Barratt Developments

 

In Focus Today:

 

Chinese Caixin Manufacturing PMI

German Unemployment

Eurozone CPI

US ISM Manufacturing PMI

 

This Weeks's Ex Dividends:

 

UK 100:

 

Admiral Group

BHP Group

CRH

Antofagasta

Polymetal International

 

UK 250:

 

Apax Global Alpha

Clarkson

ContourGlobal

Perpetual Income and Growth Investment Trust

Rathbone Brothers

Jlen Environmental Assets Group

Aggreko

Quilter

ConvaTec Group

Alliance Trust

 

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. 69% 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.
.