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 |
| Intertek Group PLC | 5,250.0 | 2.9% |
| Shell PLC | 2,705.5 | 2.5% |
| Diploma PLC | 4,600.0 | 2.3% |
| BAE Systems PLC | 1,207.5 | 2.3% |
| JD Sports Fashion PLC | 85.4 | 2.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Entain PLC | 659.9 | -11.1% |
| Glencore PLC | 348.5 | -3.1% |
| Legal & General Group PLC | 239.2 | -3.0% |
| Easyjet PLC | 507.8 | -2.9% |
| Anglo American PLC | 2,429.5 | -2.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,777 | 0.1% | 15.9% |
| DOW JONES INDUS. AVG | 44,594 | 0.3% | 14.9% |
| DAX INDEX | 22,038 | 0.6% | 29.4% |
| NIKKEI 225 | 38,964 | 0.4% | 5.6% |
| S&P/ASX 200 INDEX | 8,535 | 0.6% | 12.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 73.17 | 1.18% |
| Brent Crude (ICE) | USD/bbl. | 76.83 | 1.27% |
| Gold Spot | USD/t oz. | 2,907 | -0.1% |
| Copper (Comex) | USd/lb. | 458 | -2.7% |
Click graph to enlarge
The UK 100 called to open +4 points at 8,781. The UK 100 is called to edge higher ahead of a US inflation reading after the Federal Reserve Chair yesterday signalled the central bank is in no hurry to cut rates.
It was a positive session in Asia this morning, in Tokyo, the Nikkei 225 added 0.4%. The Hang Seng Index in Hong Kong jumped 2.4%. The Shanghai Composite rose 0.7%. Sydney's S&P/ASX 200 ended 0.6% higher.
It was a mixed session Stateside yesterday, the S&P added 0.03% to end at 6,068.50, while the Nasdaq lost 0.36% to close at 19,643.86. The Dow Jones gained 123.24 points, or 0.28%, to 44,593.65. Apple gained 2.2% after it was reported that the company is partnering with Alibaba to develop artificial intelligence features for iPhone users in China, curbing the market's losses.
Barratt Redrow today forecast annual profits at the upper end of City expectations. The new guidance came as the recently-merged housebuilding company reported 6846 total completions and adjusted profits of £167.1 million in the six months to 29 December. Whilst dependent on how the market evolves through the Spring selling season, reservation activity since the start of January points to home completions of between 16,800 and 17,200 in the 2025 financial year.
Close Brothers Group said this morning that the group has been reviewing its accounting assessment of matters around motor finance commissions. As a result, the group anticipates that it will recognise a provision in the H1 2025 financial statements in relation to motor commissions of up to £165 million. This includes estimates for certain potential operational and legal costs, as well as estimates for potential remediation for affected customers.
No New Broker Comments
UK
Barratt Redrow (BTRW)
TBC Bank Group (TBCG)
US
Coca-Cola (KO) PMO
Shopify (SHOP) PMO
Gilead Sciences (GILD) AMC
Super Micro Computer (SMCI) AMC
Upstart Holdings (UPST) AMC
UK
Barclays (BARC)
British American Tobacco (BATS)
Coca-Cola HBC (CCH)
RELX (REL)
Renishaw (RSW)
Unilever (ULVR)
US
Deere & Co (DE) PMO
Airbnb (ABNB) AMC
Applied Materials (AMAT) AMC
Coinbase Global (COIN) AMC
Palo Alto Networks (PANW) AMC
Twilio (TWLO) AMC
US Consumer Price Index
BoE's Greene speech
Fed's Bostic speech
US Monthly Budget Statement
UK 100 companies going ex-dividend on 13th February 2025:
Shell
Pershing Square Holdings
UK 250 companies going ex-dividend on 13th February 2025:
NextEnergy Solar Fund
Greencoat UK Wind
Target Healthcare REIT
Murray Income Trust
ICG Enterprise 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.