This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ANGLO AMERICAN PLC | 2,713.0 | 4.8% |
| GLENCORE PLC | 270.5 | 2.7% |
| RIO TINTO PLC | 5,922.0 | 2.6% |
| DS SMITH PLC | 370.5 | 2.1% |
| PRUDENTIAL PLC | 1,295.5 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| OCADO GROUP PLC | 2511.0 | -7.0% |
| COMPASS GROUP PLC | 1398.0 | -4.8% |
| BERKELEY GROUP HOLDINGS/THE | 4193.0 | -4.5% |
| TAYLOR WIMPEY PLC | 159.0 | -4.2% |
| PERSIMMON PLC | 2704.0 | -2.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,524 | -0.1% | -12.4% |
| DOW JONES INDUS. AVG | 31,438 | 0.2% | 7.4% |
| DAX INDEX | 13,933 | -0.6% | 3.3% |
| NIKKEI 225 | 29,563 | 0.2% | 24.8% |
| S&P/ASX 200 INDEX | 6,857 | 0.5% | -2.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 58.68 | 0.55% |
| Brent Crude (ICE) | USD/bbl. | 61.13 | 0.07% |
| Gold Spot | USD/t oz. | 1,843 | 0.0% |
| Copper (Comex) | USd/lb. | 377 | 1.4% |
UK 100 is called to open flat points this morning at 6526. This comes as pound strength held back the UK blue-chip index later in Wednesdays session. Some positive news for traders may be that US Federal Reserve chief Jerome Powell committed again to support the economy yesterday, saying stimulus measures would be staying in place until the US is well out of the Covid pandemic. Overnight we saw Oil hit new 13 month highs, so focus today could be on the oilies. On Wall Street it was a mixed session on Wednesday, the Dow Jones closed at 31,437 up just 61 points or 0.2%. The S&P closed slightly lower to end at 3,909 whilst the Nasdaq was marked 35 points or 0.25% lower at 13,972. In Asia overnight, Japan’s Nikkei moved positively up 57 points or 0.19% to trade at 29,562, whilst Hong Kong’s Hang Seng added 134 points or 0.45% to close at 30,173.
AstraZeneca reports that their 2020 revenue has risen 9% YoY to $26.6bn. Their pretax profit for 2020 increased to $3.92bn (2019: $1.55bn).
Coca-Cola HBC states that their 2020 net profit has fallen 15% to 414.9m euros.
Royal Mail says that the exceptional volumes they have been experiencing through the pandemic has affected their quality of service. Their 9-month revenues were up 14% YoY to £9.31bn.
Ted Baker reports that their Q4 trading has been difficult and heavily impacted by the covid pandemic. They are taking a cautious approach and are assuming UK stores will be closed until the end of May. Their revenue (reported retails sales) has fallen 47% YoY.
Deutsche Bank initiates coverage of Rolls-Royce with a Hold (3 Buys / 7 Holds / 3 Sells)
Peel Hunt has Downgraded Senior to Reduce from Buy (4 Buys / 5 Holds / 0 Sells)
AstraZeneca
Coca-Cola HBC
RELX
TUI AG
City Of London Investment Trust
Victrex
Vistry
Chinese Foreign Direct Investment
Continuing Jobless Claims
UK 100:
Hargreaves Lansdown
UK 250:
Avon Rubber
PZ Cussons
Henderson Smaller Cos Inv Tst
Greencoat UK Wind
Aberforth Smaller Companies Trust
Civitas Social Housing
ICG Enterprise Trust
UK Commercial Property REIT
BMO Commercial Property Trust
Renewables Infrastructure Group
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.