This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Wednesday’s UK 100 Leaders | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 95.1 | 4.6% |
| TAYLOR WIMPEY PLC | 108.8 | 3.3% |
| 3I GROUP PLC | 1,003.0 | 2.5% |
| LAND SECURITIES GROUP PLC | 524.9 | 2.4% |
| M&G PLC | 160.9 | 2.4% |
| Wednesday’s UK 100 Laggards | Price (p) | % Chg |
| ROLLS-ROYCE HOLDINGS PLC | 131.9 | -6.1% |
| OCADO GROUP PLC | 2765.0 | -4.5% |
| COMPASS GROUP PLC | 1175.0 | -2.7% |
| GVC HOLDINGS PLC | 985.6 | -2.8% |
| B&M EUROPEAN VALUE RETAIL SA | 498.1 | -2.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 5,894 | -0.1% | -20.5% |
| DOW JONES INDUS. AVG | 27,906 | 1.7% | 3.1% |
| DAX INDEX | 12,823 | 0.0% | 2.4% |
| NIKKEI 225 | 23,185 | -1.5% | 6.6% |
| S&P/ASX 200 INDEX | 5,816 | -2.3% | -13.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 39.79 | 1.27% |
| Brent Crude (ICE) | USD/bbl. | 40.88 | -0.37% |
| Gold Spot | USD/t oz. | 1,901 | 0.2% |
| Copper (Comex) | USd/lb. | 304 | 1.6% |
Click graph to enlarge
UK 100 called to open +30 points this morning at 5896. Trading in Asia overnight saw Japan’s Nikkei trading flat at around 23,184. There is was however no trading in Hong Kong or Shanghai due to the National Day public holidays. In the US yesterday, The Dow Jones bounced from lows in the afternoon, gaining 328 points for a gain of 1.2%. The S&P 500 also climbed, in its case by 0.8%, while the Nasdaq finished the session 0.7% higher. all three major indices finished the month lower, however, for their first negative month since March.
AstraZeneca announce that the FDA has broadened its investigation of a serious illness in its COVID-19 vaccine study and will look at data from earlier trials of similar vaccines developed by the same scientists.
Burford Capital reports a HY profit before tax of $197.9m (2019: $233.3m).
Halma sees FY2021 adjusted pretax profit to be 5-10% lower.
National Grid has pledged to cut its scope 3 emissions by 20% by 2030.
Rolls-Royce have announced a 10 for 3 rights issue at 32p per ordinary share to raise around £2bn to strengthen its balance sheet.
Smith & Nephew expects its decline in underlying revenue to be just 4% in Q3 2020, down almost 30% in the previous three months when it was suffering heavily from the impact of coronavirus lockdowns and a halt in elective procedures.
Stobart Group says all outlook remains suspended due to COVID-19 uncertainty.
Lamprell
Ted Baker
None
US ISM Manufacturing PMI
Eurozone Unemployment Rate
UK Markit Manufacturing PMI
German Markit Manufacturing PMI
US Initial Jobless Claims
US Markit Manufacturing PMI
UK 100:
British American Tobacco
Smith & Nephew
UK 250:
TP ICAP
Hastings Group Holdings
Murray International Trust
RIT Capital Partners
Fisher (James) & Sons
KAZ Minerals
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.