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 | 798.0 | 7.1% |
| LAND SECURITIES GROUP PLC | 568.8 | 5.9% |
| FLUTTER ENTERTAINMENT PLC-DI | 11,375.0 | 5.6% |
| OCADO GROUP PLC | 504.8 | 5.3% |
| HARGREAVES LANSDOWN PLC | 777.0 | 4.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| HSBC HOLDINGS PLC | 442.7 | -6.8% |
| SHELL PLC | 2289.5 | -2.4% |
| STANDARD CHARTERED PLC | 554.4 | -1.3% |
| COMPASS GROUP PLC | 1819.5 | -1.2% |
| HARBOUR ENERGY PLC | 371.0 | -1.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,056 | 0.6% | -2.7% |
| DOW JONES INDUS. AVG | 31,839 | 0.0% | -10.3% |
| DAX INDEX | 13,196 | 1.1% | -16.0% |
| NIKKEI 225 | 27,345 | -0.3% | -6.0% |
| S&P/ASX 200 INDEX | 6,845 | 0.5% | -8.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 87.63 | -0.32% |
| Brent Crude (ICE) | USD/bbl. | 95.40 | -0.30% |
| Gold Spot | USD/t oz. | 1,662 | -0.2% |
| Copper (Comex) | USd/lb. | 352 | -0.8% |
Click graph to enlarge
The UK 100 is called to open -24 points this morning at 7032. The UK 100 set to open lower on Thursday after US markets lost their earlier gains and as Facebook owner Meta saw its shares tumble after the bell following weaker than expected third quarter earnings. At the close the Dow was up 3 points at 31,840, the S&P was down 28 points, or 0.74%, at 3,831 and the Nasdaq slipped 228 points, or 2.04%, to 10,971. Back in Europe and attention will focus on the ECB’s interest rate decision with a 75bps increase expected.
Anglo American CEO this morning said, performance stepped up 16% quarter-on-quarter amid a challenging operating environment, driven by the ongoing ramp-up of Steelmaking Coal longwall operations and continued strong performance at De Beers. New Copper mine in Peru, Quellaveco, continued to ramp-up production with shipments to customers now under way. Production in the third quarter was broadly flat compared to the same period in 2021, as higher production from Quellaveco, Steelmaking Coal and De Beers was offset primarily by expected lower copper ore grades in Chile and some operational challenges at Kumba iron ore business.
GSK plc has reported that the US Food and Drug Administration (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) supported that the benefit of treatment with daprodustat outweighs the risks for adult dialysis patients with anaemia of chronic kidney disease (CKD) with a 13 to 3 vote.
Lloyds Banking Group has reported third quarter net income of £4.59bn, up 13% and in line with market forecasts, but announced a jump in bad debt charges to £668mln taking the total for the nine months to date this financial year to £1.045bn.
Shell on Thursday reported a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, and announced plans to sharply boost its dividend by year end. Shell also extended its share repurchasing programme, announcing plans to buy $4 billion of stock over the next three months. Shell's cashflow in the quarter dropped sharply to $12.5 billion from $18.6 billion in the previous quarter due to a large working capital outflow of $4.2 billion as a result of changes in the value of European gas inventories.
Unilever PLC increased its full-year sales estimates and reported a better-than-expected increase in third-quarter sales as it continued to hike prices to counter soaring costs.
C&C Group
Indivior
Shell
Lloyds Banking Group
Airtel Africa
Helios Towers
NatWest Group
International Consolidated Airlines Group
BoJ Outlook Report
German Gfk Consumer Confidence Survey
EU Business Climate
EU Consumer Confidence
ECB Monetary Policy Decision Statement
ECB rate on deposit facility
ECB rate on main refinancing operations
US Core Personal Consumption Expenditures
US Initial Jobless Claims
ECB Press Conference
Japanese Unemployment Rate
UK 100 companies going ex-dividend on 27th October 2022:
Dechra Pharmaceuticals
UK 250 companies going ex-dividend on 27th October 2022:
Morgan Advanced Materials
Foresight Solar Fund
City of London Investment Trust
Balfour Beatty
Bankers 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.