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 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
ROLLS-ROYCE HOLDINGS PLC 84.0 9.7%
NATWEST GROUP PLC 128.8 7.3%
TAYLOR WIMPEY PLC 116.1 6.9%
BARCLAYS PLC 113.4 5.9%
RSA INSURANCE GROUP PLC 452.1 5.8%
Yesterday’s UK 100 Laggards Price (p) % Chg
JUST EAT TAKEAWAY 8636.0 -1.4%
OCADO GROUP PLC 2430.0 -1.2%
DS SMITH PLC 289.6 -0.8%
BT GROUP PLC 101.0 -0.7%
B&M EUROPEAN VALUE RETAIL SA 503.0 -0.2%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 5,787 2.3% -21.5%
DOW JONES INDUS. AVG 27,480 2.1% 0.1%
DAX INDEX 12,089 2.6% -6.7%
NIKKEI 225 23,695 1.7% 3.7%
S&P/ASX 200 INDEX 6,062 -0.1% -9.3%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 37.97 0.82%
Brent Crude (ICE) USD/bbl. 40.07 0.91%
Gold Spot USD/t oz. 1,895 -0.7%
Copper (Comex) USd/lb. 305 -1.3%
UK 100 called to open -50 points this morning at 5736.   

3 Hours; 3 months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open -50 points this morning at 5736. Calls for a tepid open come as traders wait with some trepidation for the results from yesterday’s tighter than expected US election.  Overnight Stateside, before the polls closed, the Dow Jones Industrials Average ended nearly 555 points, or 2.1% higher at 27,480, while the broader S&P 500 index gained 1.8% and the tech-laden Nasdaq Composite added 1.9%.  Hong Kong’s Hang Seng index was 0.2% higher, while Japan’s Nikkei 225 index added 1.9%, albeit having been closed in the previous session.

 

 

Company News:

Boohoo announces a Save As You Earn (SAYE) share scheme for its employees, giving them the opportunity to participate in the future growth of the company.

BP is close to selling its central London HQ for £250m as the coronavirus pandemic has forced the company to cut costs.

Marks & Spencer slumped to its first loss in 94 years after clothing sales were hammered by the COVID-19 pandemic. They reported a pretax loss of £17.4m, which was ahead of analysts' average forecast of a £59m loss (2019: £176.5m profit).

Provident Financial report that they are on track to meet market expectations for 2020.

Stobart Group reports a H1 pretax loss of £77.4m (2019: £15.5m loss) from continuing operations. They have £119.1m of cash and undrawn banking facilities following its capital raise in June, as its aviation division has been severely impacted by covid-19.

Reporting Today:

 

Stobart Group

Smurfit Kappa

 

 

Reporting Tomorrow

 

Autotrader

Aveva Group

Sainsbury

Trainline

Wincanton

Wizz Air

Astrazeneca

Howden Joinery

RSA insurance

Superdry

Hansard

 

 

In Focus Today:

 

US ADP Employment Change

US ISM Services PMI

Chinese Caixin Services PMI

EcoFin Meeting

German Markit PMI Composite

Eurozone Markit PMI Composite

US Trade Balance

 

 

 

Tomorrow's Ex Dividends:

 

UK 100:

 

BP

 

UK 250:

 

Ashmore Group

Softcat

GCP Infrastructure Investments

Greencoat UK Wind

VinaCapital Vietnam Opportunity Fund

Hipgnosis Songs Fund

Dechra Pharmaceuticals

 

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.
.