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 - 5 November 2021

Yesterday’s UK 100 Leaders Price (p) % Chg
BT GROUP PLC 157.8 11.0%
JD SPORTS FASHION PLC 1,123.5 3.7%
SAGE GROUP PLC/THE 739.6 3.7%
BRITISH LAND CO PLC 509.6 3.3%
VODAFONE GROUP PLC 110.2 3.0%
Yesterday’s UK 100 Laggards Price (p) % Chg
HARGREAVES LANSDOWN PLC 1482.5 -7.2%
NATWEST GROUP PLC 212.3 -5.6%
LLOYDS BANKING GROUP PLC 48.3 -4.5%
BARCLAYS PLC 191.5 -4.0%
PEARSON PLC 587.6 -3.3%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,280 0.4% 23.3%
DOW JONES INDUS. AVG 36,124 -0.1% 27.2%
DAX INDEX 16,030 0.4% 27.5%
NIKKEI 225 29,612 -0.6% 22.8%
S&P/ASX 200 INDEX 7,457 0.4% 21.5%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 79.67 1.09%
Brent Crude (ICE) USD/bbl. 81.07 0.66%
Gold Spot USD/t oz. 1,798 0.3%
Copper (Comex) USd/lb. 433 0.2%
The UK 100 is called to open -10 points today at 7269. 

4 hours; 6 Months

Click graph to enlarge

Markets Overview:

The UK 100 is called to open -10 points today at 7269. A marginally lower open is expected this morning for the UK's blue chip index, this comes on the back of another blockbuster session on Wall Street yesterday, the S&P rose for a sixth straight day gaining 0.4% to hit another record close of 4,680.06. The tech-heavy Nasdaq added 0.8% to an all-time closing high of 15,940.31. The Dow Jones however dipped 33.35 points, or nearly 0.1%, to end the day at 36,124.23.  Shares were mostly lower in Asia this morning with Chinese markets weighed down by concerns over property developers.  Hong Kong’s Hang Seng dropped 0.9% while the Shanghai Composite lost 0.2%.  Tokyo’s Nikkei index shed 0.7%, while South Korea’s Kospi declined 0.6%.

 

Company News & Broker Comments:

 

Company News:

AstraZeneca says Calquence shows durable efficacy and favourable tolerability.
Beazley has set aside $125m to account for claims related to natural disasters, including hurricane Ida and the European floods. They now expect a combined ratio (a key measure of an insurer's profitability) to be in the mid 90's for the year, of which a level below 100 indicates an underwriting profit.
IAG posted a loss of 485m euros for its summer quarter as pandemic restrictions and the partial closure of transatlantic market continued to hold back a travel recovery. This loss was ahead of a consensus forecast for a loss of 513m euros. They now expect FY passenger capacity to be at 37% of 2019 levels.

 

Broker Comments

Barclays Upgrades GSK to Equal weight from Underweight (7 Buys / 14 holds / 0 Sells)
Berenberg Upgrades Flutter to Buy from Hold (13 Buys / 3 Holds / 1 Sell)
UBS Upgrades Standard Chartered to Buy from Neutral (11 Buys / 7 Holds / 0 Sells)

 

 

Reporting Today:

 

Beazley

International Consolidated Airlines Group

Scottish Mortgage Investment Trust

 

Reporting Monday:

 

Sirius Real Estate

Ultra Electronics

 

 

In Focus Today:

 

 

EU Retail Sales

Nonfarm Payrolls

German Industrial Production s.a.

 

Next Week's Ex-Dividends:

 

FTSE 100:

 

Royal Dutch Shell B

Royal Dutch Shell A

BP

Sainsbury (J)

 

FTSE 250:

 

ICG Enterprise Trust

Baillie Gifford Japan Trust

Greencoat UK Wind

Softcat

Fidelity Emerging Markets

Airtel Africa

BlackRock Smaller Companies Trust

UK Commercial Property Trust

Renewables Infrastructure Group

Schroder Oriental Income Fund

 

 

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.
.