Getting latest data loading
Home / Morning Report / Morning Report – 21st December 2022

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Morning Report - 21 December 2022

Yesterday’s UK 100 Leaders Price (p) % Chg
Centrica PLC 94.9 3.2%
Glencore PLC 548.2 2.1%
Antofagasta PLC 1,500.0 2.0%
Endeavour Mining PLC 1,728.0 1.6%
Beazley PLC 659.0 1.5%
Yesterday’s UK 100 Laggards Price (p) % Chg
Sage Group PLC 752.6 -2.4%
Hargreaves Lansdown PLC 834.6 -1.9%
Coca-Cola Hbc AG 1,926.5 -1.8%
Schroders PLC 431.5 -1.8%
Airtel Africa PLC 111.2 -1.6%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,389 0.4% 2.1%
DOW JONES INDUS. AVG 32,854 0.3% -6.0%
DAX INDEX 13,910 -0.2% -8.8%
NIKKEI 225 26,568 -2.5% -4.9%
S&P/ASX 200 INDEX 7,024 -1.5% -4.5%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 75.69 0.67%
Brent Crude (ICE) USD/bbl. 80.17 0.46%
Gold Spot USD/t oz. 1,816 1.6%
Copper (Comex) USd/lb. 381 0.6%
The UK 100 is called to open +22 points this morning at 7392.  

4 hours; 8 Months

Click graph to enlarge

Markets Overview:

The UK 100 is called to open +22 points this morning at 7392.  The UK 100 is expected to open higher on Wednesday as US markets broke their four day losing streak.  At the close the S&P 500 was up 0.1% at 3,822, the Dow reached 32,850 for a 0.3% gain, and the Nasdaq was flat at 10,547.

 

 

Company News & Broker Comments:

Company News:

 

Bunzl this morning announced that the Group is expected to deliver very strong growth over the year, continuing to reflect the resilience and strength of the Bunzl business model. Group revenue in 2022 is expected to increase year-on-year by approximately 17% at actual exchange rates and by approximately 10% at constant exchange rates, with inflation driving underlying revenue growth and the impact of acquisitions further supplementing growth.

 

Ferrexpo this morning said subsequent to the suspension of its operations in October 2022, the Group is now receiving sufficient levels of power to bring one pelletiser line back into operation. This will allow the Group, together with its stockpiled material, to meet the requirements of existing customer contracts.  As a result of interruptions, and continued instability, within the state-owned electricity network that have been experienced in the fourth quarter of 2022 approximately 0.3 million tonnes of pellets have been produced to date in 4Q 2022. Total pellet production for 2022 is therefore expected to be approximately 5.9-6.0 million tonnes.

 

 

Broker Comments:

 

 No New broker comments

Reporting Today:

None

 

Reporting Wednesday:

None

 

In Focus Today:

German Gfk Consumer Confidence Survey

 

US Consumer Confidence

 

Tomorrow's Ex-Dividends:

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.


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.
.