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 - 16 December 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
JOHNSON MATTHEY PLC 2,508.0 4.1%
MELROSE INDUSTRIES PLC 168.9 3.6%
STANDARD LIFE ABERDEEN PLC 287.0 3.1%
JD SPORTS FASHION PLC 814.6 3.0%
PERSIMMON PLC 2,654.0 2.7%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
RIGHTMOVE PLC 630.8 -3.4%
ROLLS-ROYCE HOLDINGS PLC 115.3 -2.9%
HIKMA PHARMACEUTICALS PLC 2446.0 -2.8%
GLAXOSMITHKLINE PLC 1358.0 -2.5%
ASTRAZENECA PLC 7505.0 -2.4%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,513 -0.3% -13.4%
DOW JONES INDUS. AVG 30,199 1.1% 7.0%
DAX INDEX 13,363 1.1% 0.6%
NIKKEI 225 26,757 0.3% 11.7%
S&P/ASX 200 INDEX 6,679 0.7% -2.5%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 47.43 -0.40%
Brent Crude (ICE) USD/bbl. 50.54 -0.43%
Gold Spot USD/t oz. 1,856 0.1%
Copper (Comex) USd/lb. 355 0.0%

 

UK 100 called to open +30 points this morning at 6547

4 Hours; 23 days

Click graph to enlarge

Markets Overview:

 

UK 100 called to open +30 points this morning at 6547.  Calls for a positive open come in advance of todays US federal Reserve interest rate decision, while the Fed is not expected to make any changes to interest rates today or unveil any new quantitative easing, investors will be looking for any commentary on the central bank’s willingness to provide take action should the need arise, particularly with recent data showing signs the US economy could be stalling.  It was a positive session stateside yesterday, with the Dow Jones closing up 1.13% at 30,199 while the S&P climbed 1.29% to 3,694 and the Nasdaq rose by 1.25% to 12,595 amid optimism over stimulus negotiations and COVID-19 vaccinations.  That optimism continued in Asia this morning with Japan’s Nikkei 225 up 0.26% while Hong Kong’s Hang Seng climbed 0.82%.

 

Company News:

Bunzl reports that they expect group revenue for FY is expected to increase by around 8% at actual exchange rates and around 9% at constant exchange rates.

 

Dixons Carphone reported a big rise in H1 profit, with a strong online performance more than offsetting the forced closure of its stores during COVID-19 lockdowns. They reported an adjusted pretax profit of £89m (2019: £2m).

 

Petrofac reported that trading is in line with expectations in a difficult environment. They are on track to cut gross overhead and project support costs by at least $125m in 2020.

 

 

 

Reporting Today:

 

Dixons Carphone

 

Reporting Tomorrow:

 

 

Watches of Switzerland

 

 

In Focus Today:

 

UK Consumer Price Index

German Markit Manufacturing PMI

Eurozone Markit PMI Composite

UK Markit PMI Composite

US Fed Interest Rate Decision

US Retail Sales

UK Retail Price Index

Eurozone Labour Cost

 

 

Tomorrow's Ex Dividends:

 

UK 100:

 

Vodafone Group

Morrison (Wm.) Supermarkets

British American Tobacco

United Utilities Group

 

UK 250:

 

Britvic

Sirius Real Estate

Games Workshop Group

Cranswick

 

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.
.