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 |
| SEGRO PLC | 1,004.5 | 1.6% |
| POLYMETAL INTERNATIONAL PLC | 1,578.0 | 1.5% |
| AVAST PLC | 477.6 | 1.3% |
| ASTRAZENECA PLC | 7,494.0 | 1.0% |
| HALMA PLC | 2,562.0 | 0.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 193.1 | -8.1% |
| BRITISH AMERICAN TOBACCO PLC | 2692.5 | -7.6% |
| IMPERIAL BRANDS PLC | 1465.5 | -7.3% |
| ASSOCIATED BRITISH FOODS PLC | 2314.0 | -5.9% |
| ROLLS-ROYCE HOLDINGS PLC | 99.3 | -5.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,860 | -2.0% | 21.6% |
| DOW JONES INDUS. AVG | 33,821 | -0.8% | 43.0% |
| DAX INDEX | 15,130 | -1.6% | 41.7% |
| NIKKEI 225 | 28,523 | -2.0% | 47.7% |
| S&P/ASX 200 INDEX | 6,986 | -0.5% | 33.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 62.44 | -1.48% |
| Brent Crude (ICE) | USD/bbl. | 66.10 | -0.71% |
| Gold Spot | USD/t oz. | 1,785 | 0.4% |
| Copper (Comex) | USd/lb. | 423 | 0.2% |
UK 100 is called to open +15 points this morning at 6875. Modest gains are expected this morning.This comes after yesterday's day if heavy selling saw the UK blue-chip index give back 2% of recent gains. Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil. Optimism about rising vaccination rates in the United States, Britain, and Europe is shifting to concern that record coronavirus infections in India and the reinforcement of travel restrictions will act as a brake on the global economy. Stateside saw markets follow suit, the Dow Jones Industrial Average closed the session 0.75% lower at 33,821, the S&P dropped by slightly less, giving back 0.68% to trade at 4,134 and the biggest faller was the tech heavy Nasdaq, which dropped by 0.92% to trade at 13,786. in Asia this morning it was a similar story, with Japan’s Nikkei down 1.99% while Hong Kong’s Hang Seng dropped 1.84%.
Antofagasta reports Q1 gold production of 59,100 ounces, down 9.2% YoY.
Bunzl says their adjusted operating margin is to return to more historical level in 2021. Their guidance for 2021 was unchanged and they expect "robust" revenue growth excluding COVID one-offs.
Hikma has resumed the launch of its generic version of GSK's Advair Diskus drug in the US.
Hochschild Mining is to deliver 2021 production target of 360,000-372,000 ounces of gold.
Hunting says that their Q1 trading is broadly in line with management's expectations as they state that their balance sheet remains robust with good liquidity.
Quilter report that their Q1 net inflows soar to £1.2bn from £500m YoY.
Deutsche Bank starts rating Royal Dutch Shell with Buy (22 Buys / 2 Holds / 6 Sells)
Deutsche Bank starts rating BP with Buy (7 Buys / 6 Holds / 3 Sells)
RBS Downgrades Lancashire Holdings to Sector Perform from Outperform (5 Buys / 3 Holds / 0 Sells)
Antofagasta
Bunzl
Hochschild Mining
Polymetal International
Quilter
AJ Bell
Dominos Pizza Group
Ibstock
Informa
Rentokil Initial
Segro
Taylor Wimpey
UK Consumer Price Index
BoE's Governor Bailey speech
BoE's Ramsden speech
UK Retail Price Index
German 10-y Bond Auction
UK 100:
Glencore
Bae Systems
Fresnillo
Spirax-Sarco Engineering
Antofagasta
UK 250:
Drax Group
Aggreko
Rathbone Brothers
Essentra
Bodycote
Genuit Group
Sabre Insurance Group
JPMorgan American Investment Trust
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.