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 |
| GLENCORE PLC | 302.5 | 5.4% |
| ANTOFAGASTA PLC | 1,802.5 | 4.5% |
| BP PLC | 308.4 | 3.4% |
| BHP GROUP PLC | 2,208.0 | 3.3% |
| ROYAL DUTCH SHELL PLC-A SHS | 1,438.4 | 3.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| TESCO PLC | 227.4 | -2.0% |
| AUTO TRADER GROUP PLC | 578.6 | -2.0% |
| HARGREAVES LANSDOWN PLC | 1640.0 | -1.9% |
| B&M EUROPEAN VALUE RETAIL SA | 539.8 | -1.9% |
| SAGE GROUP PLC/THE | 641.8 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,940 | 0.7% | 24.0% |
| DOW JONES INDUS. AVG | 33,731 | 0.2% | 43.5% |
| DAX INDEX | 15,209 | -0.2% | 48.0% |
| NIKKEI 225 | 29,643 | 0.1% | 51.6% |
| S&P/ASX 200 INDEX | 7,059 | 0.5% | 29.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 63.22 | 0.11% |
| Brent Crude (ICE) | USD/bbl. | 66.72 | 0.21% |
| Gold Spot | USD/t oz. | 1,745 | 0.5% |
| Copper (Comex) | USd/lb. | 415 | 0.5% |
UK 100 is called to open +13 points this morning at 6952. (5.8 point dividend also paid) A modestly higher open is expected today, this is despite a disappointing trading session in Asia overnight, In Japan, the Nikkei was the stand out performer, trading close to flat, closing the session at 29,618. Hong Kong’s Hang Seng meanwhile fell close to 1% at 28,642 and the Shanghai Composite index in China fell 0.9% to 3,388. The picture was mixed stateside yesterday, the Dow Jones ended the day in the green, 0.16% or 53 points higher to close at 33,730. The S&P 500 meanwhile gave up 0.4% to trade at 4,124 and the Nasdaq gave up nearly 1% to finish the day at 13,857.
AO World report that their FY revenue increased 62% to £1.66bn.
Deliveroo expects their rate of growth to decelerate as lockdowns ease, but the pace of this deacceleration is uncertain. As their Q1 orders in UKI +121% to 34m and international order were up 108% to 37m YoY.
Entain reports strong Q1 online traffic, continuing momentum seen at end of 2020. Their net gaming revenue increased 33% as their retail outlets were hit by coronavirus restrictions.
Travis Perkins says that they've had a positive start to their trading year with Q1 Like-for-Like sales growth of 17%.
Wizz Air expects gradual traffic recovery into late summer 2021 as they expect to report a FY21 net loss of around 570-590m euros.
Citigroup Upgrades Kingfisher to Neutral from Sell (1 Buy / 7 Holds / 3 Sells)
Panmure Gordon Upgrades Babcock to Buy from Hold (3 Buys / 6 Holds / 1 Sell)
Societe Generale Upgrades Whitbread to Hold from Sell (9 Buys / 6 Holds / 1 Sell)
Hays
Oxford Biomedica
Travis Perkins
Ashmore
German Harmonized Index of Consumer Prices
US Retail Sales
US Initial Jobless Claims
US Philadelphia Fed Manufacturing Survey
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.