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 |
| 3I Group PLC | 1,594.0 | 9.2% |
| Ashtead Group PLC | 5,268.0 | 4.3% |
| Hargreaves Lansdown PLC | 883.6 | 3.5% |
| Lloyds Banking Group PLC | 52.5 | 3.0% |
| Kingfisher PLC | 270.5 | 2.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Diageo PLC | 3,472.0 | -5.5% |
| Convatec Group PLC | 233.2 | -2.3% |
| Ocado Group PLC | 683.0 | -2.0% |
| Glencore PLC | 549.5 | -1.6% |
| Astrazeneca PLC | 10,644.0 | -1.5% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,761 | 0.2% | 2.7% |
| DOW JONES INDUS. AVG | 33,949 | 0.6% | -0.6% |
| DAX INDEX | 15,133 | 0.3% | -2.5% |
| NIKKEI 225 | 27,383 | 0.1% | 4.6% |
| S&P/ASX 200 INDEX | 7,494 | 0.3% | 7.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 81.41 | 0.49% |
| Brent Crude (ICE) | USD/bbl. | 87.83 | 0.41% |
| Gold Spot | USD/t oz. | 1,924 | -0.3% |
| Copper (Comex) | USd/lb. | 425 | -0.4% |
The UK 100 called to open +8 points at 7769. The UK 100 looks set to start the last trading session of the week on the front foot following a rally on Wall Street yesterday, afternoon trading saw investors digested the release of gross domestic product data and another round of corporate earnings. At the close, all three major indices were in the green, with the Dow adding 206 points at 33,949, a 0.6% gain; the S&P up 1.1% or 44 points at 4,060 and the Nasdaq rocketing 1.8% to 11,512, up 199 points.
AstraZeneca reports that the FDA have withdrew its authorisation for the emergency use of Evusheld.
Direct Line announces CEO Penny James will step down with immediate effect as they appoint CCO Jon Greenwood as acting CEO.
On the Beach says Oct-Dec trading exceeded year before. They state that FY23 began with a healthier forward order book than year before.
Exane BNP Downgrades Travis Perkins to Underperform (3 Buys / 13 Holds / 1 Sell)
Jefferies Downgrades Mitchells & Butlers to Hold from Buy (6 Buys / 6 Holds / 0 Sells)
JP Morgan Downgrades Flutter to Neutral from Overweight (15 Buys / 4 Hold / 0 Sells)
JP Morgan Upgrades 888 Holdings to Overweight from Neutral (7 Buys / 3 Holds / 0 Sells)
Peel Hunt Downgrades Antofagasta to Reduce (2 Buys / 11 Holds / 2 Sells)
Peel Hunt Downgrades Close Brothers to Hold from Add (3 Buys / 3 Holds / 1 Sell)
Peel Hunt Downgrades Foxtons to Hold (3 Buys / 0 Holds / 0 Sells)
UK
IG Group Holdings
US
American Express
Chevron
UK
IG Group Holdings
US
American Express
Chevron
EU Business Climate
EU Consumer Confidence
US Personal Income
US Personal Spending
Michigan Consumer Sentiment Index
US Pending Home Sales
US UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 2nd February 2023:
None
UK 250 companies going ex-dividend on 2nd February 2023:
Paragon Banking Group
Merchants Trust
JLEN Environmental Assets Group
Bluefield Solar Income Fund
Edinburgh Investment Trust
IG Group Holdings
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.