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Morning Report - 6 March 2023

Yesterday’s UK 100 Leaders Price (p) % Chg
Ocado Group PLC 555.2 4.5%
Persimmon PLC 1,283.5 4.0%
Legal & General Group PLC 263.9 3.3%
Barratt Developments PLC 447.9 2.8%
Antofagasta PLC 1,664.0 2.7%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Pearson PLC 888.0 -3.8%
Frasers Group PLC 778.5 -2.2%
Bunzl PLC 2,939.0 -2.2%
Hiscox LTD 1,097.0 -2.1%
Admiral Group PLC 2,111.0 -1.9%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,947 0.0% 13.7%
DOW JONES INDUS. AVG 33,391 1.2% -0.7%
DAX INDEX 15,578 1.6% 19.0%
NIKKEI 225 28,238 1.1% 8.7%
S&P/ASX 200 INDEX 7,329 0.6% 3.1%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 79.20 -0.60%
Brent Crude (ICE) USD/bbl. 85.27 -0.65%
Gold Spot USD/t oz. 1,856 0.0%
Copper (Comex) USd/lb. 407 0.1%
The UK 100 called to open +8 points at 7955.  

1 Day; 2 Years

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Markets Overview:

The UK 100 called to open +8 points at 7955.  The UK 100 is expected to open little changed on Monday, adding 5 points, following a strong recovery towards the end of last week.  In Asia on Monday, the Nikkei index in Tokyo closed up 1.1%.  In China, the Shanghai Composite was down 0.3%, while the Hang Seng index in Hong Kong was up 0.3%.

Company News & Broker Comments:

Company News:

 

 

AstraZeneca today reported positive high-level results from an analysis of the ongoing DESTINY-PanTumor02 Phase II trial

 

 

Capita plc today announces that it has agreed to sell its resourcing businesses Capita Resourcing, HR Solutions and ThirtyThree to Inspirit Capital, for £21m on a cash free, debt free basis.

 

 

Shell PLC new chief executive Wael Sawan said the US is more attractive for energy investment than the UK.  After it had been reported to be considering a US listing.

 

 

WANdisco PLC the data activation platform, confirmed on Monday it is looking at an additional listing for its shares in the US.

 

 

Broker Comments:

No New Broker Comments.

Reporting Today:

UK

 

Clarkson

Reporting Monday:

UK

 

Ashtead Group

Elementis

Fresnillo

Greggs

IWG

Just Group

Keller Group

 

US

 

CrowdStrike Holdings

 

 

 

 

 

In Focus Today:

EU Retail Sales

US Factory Orders

 

This Week's Ex-Dividends:

UK 100 companies going ex-dividend on 9th March 2023:

 

Rio Tinto

 

Beazley

 

Melrose Industries

UK 250 companies going ex-dividend on 9th March 2023:

 

BlackRock World Mining Trust

 

Apax Global Alpha

 

Energean

 

SDCL Energy Efficiency Income Trust

 

Assura

 

Warehouse REIT

 

PZ Cussons

 

Tritax Big Box REIT

 

LondonMetric Property

 

Law Debenture Corporation

 

Alliance Trust

 

Dechra Pharmaceuticals

 

Renishaw

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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.


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