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 |
| International Consolidated Airlines Group S.A. | 134.1 | 2.1% |
| Berkeley Group Holdings (The) PLC | 3,867.0 | 1.4% |
| Barratt Developments PLC | 408.8 | 1.2% |
| Taylor Wimpey PLC | 103.4 | 1.1% |
| Pearson PLC | 921.4 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 660.0 | -4.2% |
| Smith (Ds) PLC | 313.8 | -3.8% |
| Segro PLC | 795.0 | -3.5% |
| Associated British Foods PLC | 1,572.0 | -3.5% |
| Barclays PLC | 155.2 | -3.2% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,426 | -0.9% | 2.3% |
| DOW JONES INDUS. AVG | 33,202 | -2.3% | -7.5% |
| DAX INDEX | 13,986 | -3.3% | -10.6% |
| NIKKEI 225 | 27,527 | -1.9% | -5.3% |
| S&P/ASX 200 INDEX | 7,149 | -0.8% | -2.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 75.98 | -0.17% |
| Brent Crude (ICE) | USD/bbl. | 81.08 | -0.16% |
| Gold Spot | USD/t oz. | 1,781 | 0.2% |
| Copper (Comex) | USd/lb. | 378 | 0.4% |
Click graph to enlarge
The UK 100 is called to open +25 points this morning at 7451. The UK 100 looks set to open in more positive territory today following a tough session for global markets yesterday as Wall Street dropped heavily as investors further reacted to the more hawkish comments from the federal reserve on Wednesday. At the close the Dow Jones Industrial Average was 764 points lower, or 2.25%, at 33,202, its worst day for three months, while the S&P 500 slumped 100 points, or 2.5%, to 3,896 and the Nasdaq Composite tumbled 360 points, or 3.23%, to 10,811. This mornings UK retail sales data showed volumes fell 0.4% in November hit by a sharp decline in online sales. The figure was worse than City forecasts which had pencilled in a modest increase of around 0.3% but followed a rise of 0.9% in October.
BT Group are to combine their global and enterprise units into a single B2B unit BT Business.
CRH establishes a new Venture Capital Unit to support the development of new technologies, will have access to $250m venturing and innovation fund.
Rank Group says their Like-for-like net gaming revenue is up 1% in 5 months to Nov 30th v last year. They state weaker trading at their Grosvenor venues were weaker than expected due to lower customer spend per visit.
Rio Tinto completes the acquisition of the rest of Turquoise Hill Resources.
RS Group says Lindsley Ruth is to step down as CEO with immediate effect as CFO David Egan is to continue acting as CEO until permanent replacement found.
Barclays Upgrades Hunting to Overweight from Underweight (5 Buys / 1 Hold / 0 Sells)
Barclays Upgrades RS Group to Overweight from Equal Weight (7 Buys / 3 Holds / 0 Sells)
Barclays Downgrades Bunzl to Underweight from Equal Weight (5 Buys / 9 Holds / 2 Sells)
Barclays Downgrades Wood Group to Equal Weight from Overweight (5 Buys / 3 Holds / 0 Sells)
None
None
EU leaders summit
UK GfK Consumer Confidence
UK Retail Sales
German S&P Global/BME Composite PMI
EU S&P Global Composite PMI
UK S&P Global/CIPS Services PMI
EU Core Harmonized Index of Consumer Prices
US S&P Global Composite PMI
UK 100 companies going ex-dividend on 22nd December 2022:
British American Tobacco
United Utilities Group
Halma
UK 250 companies going ex-dividend on 22nd December 2022:
Home REIT
Britvic
IntegraFin Holdings
JPMorgan Japanese Investment Trust
Law Debenture Corporation
abrdn Private Equity Opportunities Trust
Mercantile Investment Trust
JPMorgan European Discovery 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.