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 |
| JD SPORTS FASHION PLC | 917.0 | 5.1% |
| SPIRAX-SARCO ENGINEERING PLC | 12,240.0 | 2.4% |
| WEIR GROUP PLC/THE | 1,854.0 | 2.2% |
| TAYLOR WIMPEY PLC | 190.1 | 1.9% |
| BURBERRY GROUP PLC | 2,044.0 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BRITISH AMERICAN TOBACCO PLC | 2786.0 | -2.5% |
| BAE SYSTEMS PLC | 515.0 | -2.2% |
| INTL CONSOLIDATED AIRLINE-DI | 210.2 | -2.1% |
| GLENCORE PLC | 288.7 | -1.9% |
| ENTAIN PLC | 1566.5 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,916 | -0.4% | 18.4% |
| DOW JONES INDUS. AVG | 33,801 | 0.9% | 42.5% |
| DAX INDEX | 15,234 | 0.2% | 44.2% |
| NIKKEI 225 | 29,539 | -0.8% | 51.8% |
| S&P/ASX 200 INDEX | 6,974 | -0.3% | 29.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 59.08 | -0.40% |
| Brent Crude (ICE) | USD/bbl. | 62.63 | -0.51% |
| Gold Spot | USD/t oz. | 1,741 | -0.2% |
| Copper (Comex) | USd/lb. | 400 | -1.0% |
Click graph to enlarge
UK 100 is called to open -20 points this morning at 6893. A slightly weaker open is expected today for the UK blue-chip index, this takes lead from a broadly weaker session in Asia overnight, The Hang Seng index in Hong Kong fell by 0.78%, in China the Shanghai Composite fell 0.71%. And in Japan, the Nikkei declined 0.57%. Concerns over inflation and the overall economic impact of the global pandemic, still weigh on investor sentiment.
AstraZeneca gave an update on its Phase 3 diabetes drug Farixga, to see if it could treat patients in hospital with COVID-19, at risk of developing serious complications. Unfortunately, it did not meet its main goals as the Co. said it did not achieve statistical significance in decreasing risk of the disease worsening.
Hammerson confirms it is in talks to sell retail parks to Canadian Brookfield Asset Management. It is reported that they will pay Hammerson £350m for seven retail parks.
BHP Group updates on its Judicial Reorganisation on its Samarco Operation in Brazil. Samarco, BHP and Vale expect to continue talks in coming months with Brazilian authorities on programs taken by Renova. Samarco's operations will continue though the JR and restructure process.
None
Electrocomponents
JD Sports
Plus500
EU Retail Sales
Chinese Foreign Direct Investment
Fed's Rosengren speech
US Monthly Budget Statement
UK BRC Like-For-Like Retail Sales
UK 100:
Barratt Developments
Lloyds Banking Group
St. James's Place
Standard Life Aberdeen
Legal & General Group
UK 250:
Jupiter Fund Management
Vesuvius
F&C Investment Trust
Ibstock
Unite 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.