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 - 10 November 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
ROLLS-ROYCE HOLDINGS PLC 100.0 43.8%
INTL CONSOLIDATED AIRLINE-DI 130.0 25.5%
INFORMA PLC 558.0 22.2%
BRITISH LAND CO PLC 454.0 21.9%
COMPASS GROUP PLC 1,371.0 21.7%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
FRESNILLO PLC 1109.0 -15.3%
POLYMETAL INTERNATIONAL PLC 1659.0 -11.9%
OCADO GROUP PLC 2283.0 -11.5%
B&M EUROPEAN VALUE RETAIL SA 482.0 -9.8%
JUST EAT TAKEAWAY 8392.0 -8.9%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,186 4.7% -15.9%
DOW JONES INDUS. AVG 29,158 3.0% 5.3%
DAX INDEX 13,096 4.9% -1.0%
NIKKEI 225 24,906 0.3% 6.5%
S&P/ASX 200 INDEX 6,341 0.7% -5.7%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 40.29 0.00%
Brent Crude (ICE) USD/bbl. 42.50 0.24%
Gold Spot USD/t oz. 1,887 1.3%
Copper (Comex) USd/lb. 314 -0.6%
UK 100 called to open +10 points this morning at 6200.  

4 Hours; 3 Months

Click graph to enlarge

Markets Overview:

 

UK 100 called to open +10 points this morning at 6200.  Calls for a positive open come on the back of a positive trading session in Asia overnight, which saw Japan’s Nikkei 225 advanced 0.26% meanwhile in China, the Shanghai composite dipped 0.62% as Hong Kong’s Hang Seng index added 0.29%.  Yesterday on Wall Street, it was a mixed session, with the Dow Jones and the S&P 500 up 2.95% and 1.2% but the Nasdaq Composite falling 1.5% as eight of the top ten tech giants saw billions knocked off their valuations.  Ivestors will be looking today fort amore positive sentiment following yesterdays vaccine announcement from Pfizer.

 

Company News:

Persimmon declares another interim dividend of 70p per share, and said trading remained strong with it being fully sold up for the current year. Ther company benefitted from firm selling prices and strong demand for new homes. Completions for the second half of the year will be at least in line with last year.

Land Securities posted a bigger first half pre-tax loss, as rent payments were hit by large closures and a fall in consumer demand due to the pandemic. The loss widened from £147m last year to £835m this year.

DCC adjusted eps rose 7% to 117p. The company increased their dividend by 5% to 51.95p per share. Revenue decreased by 18.9% to £5.931bn.

Meggitt reports that it expected to make underlying profit of between £180m-£200m for 2020 despite travel markets weakening due to the second lockdown.

Direct Line posted lower premiums due to weaker car sales due the pandemic. They did also say that its roadside recovery and rescue service business Green Flag, was back to pre-pandemic levels.

AstraZeneca says Tezepelumab Phase III trial met primary end point in patients with low levels of Eosinophils (uncontrolled asthma).

Capita lost nearly £100m in Q3 revenue as COVIS-19 hit its businesses but did cut costs which helped make a small rise in adjusted core profits.

 

Reporting Today:

 

 

Land Securities

DCC

Renewi

Electrocomponents

Meggitt

Persimmon

 

Reporting Tomorrow

 

 

 

Great Portland Estates

Flutter Entertainment

Taylor Wimpey

JD Wetherspoon**

Hays**

Rank Group

ITM Power**

William Hill**

 

 

In Focus Today:

 

Chinese Consumer Price Index

UK Claimant Count Change

UK ILO Unemployment Rate

Eurozone ZEW Survey – Economic Sentiment

German ZEW Survey – Economic Sentiment

 

This Week's Ex Dividends:

 

UK 100:

 

Sainsbury (J)

Ferguson

RSA Insurance Group

GlaxoSmithKline

Royal Dutch Shell B

Royal Dutch Shell A

 

UK 250:

 

Schroder Oriental Income Fund

Airtel Africa

Morgan Sindall Group

Genesis Emerging Markets Fund

Edinburgh Investment Trust

ICG Enterprise Trust

Baillie Gifford Japan Trust

BMO Commercial Property 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.
.