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 |
| ROYAL MAIL PLC | 315.4 | 5.1% |
| ST JAMES’S PLACE PLC | 1,235.0 | 3.9% |
| 3I GROUP PLC | 1,221.5 | 3.7% |
| ABRDN PLC | 185.5 | 3.7% |
| FLUTTER ENTERTAINMENT PLC-DI | 9,188.0 | 3.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| SCOTTISH MORTGAGE INV TR PLC | 737.0 | -3.0% |
| SAINSBURY (J) PLC | 232.7 | -1.8% |
| IMPERIAL BRANDS PLC | 1790.5 | -1.6% |
| B&M EUROPEAN VALUE RETAIL SA | 422.4 | -1.5% |
| STANDARD CHARTERED PLC | 586.6 | -0.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,390 | 1.2% | 5.3% |
| DOW JONES INDUS. AVG | 31,262 | 0.0% | -8.6% |
| DAX INDEX | 13,982 | 0.7% | -9.4% |
| NIKKEI 225 | 26,739 | 1.3% | -5.6% |
| S&P/ASX 200 INDEX | 7,146 | 1.2% | 1.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 110.28 | 0.35% |
| Brent Crude (ICE) | USD/bbl. | 112.55 | 0.46% |
| Gold Spot | USD/t oz. | 1,847 | 0.3% |
| Copper (Comex) | USd/lb. | 428 | -0.2% |
The UK 100 is called to open +75 points this morning at 7464. The UK 100 looks set to kick off the week in a positive manner, with investors largely ignoring the stuttering start to the week in Asia. This comes after a mixed session to close out the week on Friday, The S&P finished the day 0.01% higher to 3,901.36 after falling as much as 2.3% earlier in the session. At the day’s lows, the S&P was 20.9% below its intraday high in January. The index closed about 19% below its record. The Dow Jones rose 8.77 points to 31,261.90 after being down more than 600 points at the day’s lows. The Nasdaq fell 0.3% and is already deep in bear market territory, 30% off its highs.
Kingfisher announced Q1 results this morning, the company saw Sales significantly ahead of pre-pandemic performance (3-year LFL +16.2%), supported by strong market share gains. Also announcing return of a further £300m of surplus capital via a share buyback programme; first tranche to commence soon
Moonpig group announces the proposed acquisition of the entire issued share capital of Smartbox Group UK Limited ("Buyagift"), the UK's leading gift experiences platform, for cash consideration of £124 million
Ted Baker previously announced that it had received a number of non-binding proposals from potentially interested parties and was inviting a focused selection of such parties to enter into a due diligence process. Following a review of these proposals, the Board has selected a preferred counterparty to take forward into a process of confirmatory due diligence. This process is likely to take several weeks.
Big Yellow Group
Kainos Group
Kingfisher
Assura
Bytes Technology Group
Cranswick
Greencore
Hill & Smith Holdings
Homeserve
RS Group
SSP Group
Shaftesbury
Eurogroup Meeting
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
Chicago Fed National Activity Index
NZ Retail Sales
NZ S&P Global Manufacturing PMI
NZ S&P Global Services PMI
FTSE 100:
Intertek Group
Whitbread
Sage Group
Imperial Brands
DCC
FTSE 250:
RHI Magnesita N.V.
Vivo Energy
Balfour Beatty
TI Fluid Systems
IP Group
BlackRock World Mining Trust
Victrex
Grainger
ContourGlobal
Diversified Energy Company
Diploma
Tritax EuroBox GBP
Britvic
HICL Infrastructure
Euromoney Institutional Investor
Great Portland Estates
LXi REIT
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.