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 - 15 March 2021

Yesterday’s UK 100 Leaders Price (p) % Chg
BURBERRY GROUP PLC 2,123.0 6.9%
BARCLAYS PLC 180.6 3.6%
M&G PLC 225.6 2.9%
KINGFISHER PLC 300.8 2.0%
NATWEST GROUP PLC 190.7 2.0%
Yesterday’s UK 100 Laggards Price (p) % Chg
BERKELEY GROUP HOLDINGS/THE 4306.0 -5.8%
FRESNILLO PLC 930.8 -2.7%
RIGHTMOVE PLC 561.6 -2.1%
CRODA INTERNATIONAL PLC 6182.0 -1.8%
SCOTTISH MORTGAGE INV TR PLC 1148.0 -1.7%
Major World Indices Price % Chg 1 YEAR
FTSE 100 INDEX 6,761 0.4% 26.0%
DOW JONES INDUS. AVG 32,779 0.9% 41.4%
DAX INDEX 14,502 -0.5% 57.1%
NIKKEI 225 29,767 0.2% 70.8%
S&P/ASX 200 INDEX 6,773 0.1% 22.3%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 66.00 0.59%
Brent Crude (ICE) USD/bbl. 69.61 0.56%
Gold Spot USD/t oz. 1,725 -0.1%
Copper (Comex) USd/lb. 413 -0.2%
UK 100 is called to open +15 points this morning at 6776

1 Day; 11 Months

Click graph to enlarge

Markets Overview:

 

UK 100 is called to open +15 points this morning at 6776.  Calls for a positive open today come as hopes rise that Americans would spend a large chunk of Joe Biden’s Covid stimulus cheques investing on the stock market & Bank of America have also said the boost to US markets, could spillover into European stocks.  Asian markets were mixed today despite strong consumer spending data coming out of China. Retail sales in the first two months of the year surged 33.8%

 

 

Company News & Broker Comments:

 

 

Company News:

Company News

 

Ascential reports that their 2020 revenue came in at £263.7m (2019: £380.3m).

 

BT workers are to vote on industrial action in a row over jobs, threatening the first national strike at the communications giant in more than 30 years.

 

DCC buys Worner Medizinprodukte for an initial enterprise value of 80m euros.

 

Provident Financial performed slightly better than internal expectations in Q4 as their consumer credit division collections remained strong. They also state the FCA has opened an enforcement investigation into their consumer credit division.

Broker Comments:

Berenberg initiates Boohoo with a Buy (9 Buys / 4 Holds / 2 Sells)

 

Jefferies initiates Moonpig with a Buy (1 Buy / 0 Holds / 0 Sells)

 

JP Morgan initiates Moonpig with Overweight (1 Buy / 0 Holds / 0 Sells)

 

 

Reporting Today:

 

Ascential

 

Reporting Tomorrow:

 

4imprint Group

Antofagasta

C&C Group

Close Brothers Group

Computacenter

Elementis

Ferguson

Greggs

Just Group

Ploypipe Group

Sabre Insurance Group

TI Fluid Systems

Unite Group

 

 

In Focus Today:

 

 

Chinese Retail Sales

Eurogroup Meeting

Chinese NBS Press Conference

Chinese Industrial Production

 

This Week's Ex Dividends:

 

UK 100:

 

SEGRO

Anglo American

Hikma Pharmaceuticals

CRH

M&G

 

 

UK 250:

 

Dunelm Group

BlackRock World Mining Trust

Tritax Big Box REIT

Spirent Communications

 

 

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.
.