Getting latest data loading
Home / Morning Report / Morning Report – 14th February 2023

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

Morning Report - 14 February 2023

Yesterday’s UK 100 Leaders Price (p) % Chg
Spirax-Sarco Engineering PLC 11,995.0 3.2%
Unilever PLC 4,262.0 3.1%
Pershing Square Holdings LTD 2,990.0 2.6%
Antofagasta PLC 1,712.0 2.2%
Abrdn PLC 211.0 2.2%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Persimmon PLC 1,436.0 -3.7%
Taylor Wimpey PLC 118.1 -3.0%
Barratt Developments PLC 459.9 -2.7%
Ocado Group PLC 618.6 -2.6%
Berkeley Group Holdings (The) PLC 4,217.0 -1.8%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,948 0.8% 5.5%
DOW JONES INDUS. AVG 34,246 1.1% -0.9%
DAX INDEX 15,397 0.6% 1.9%
NIKKEI 225 27,603 0.6% 1.9%
S&P/ASX 200 INDEX 7,431 0.2% 2.6%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 79.40 -0.92%
Brent Crude (ICE) USD/bbl. 86.14 -0.54%
Gold Spot USD/t oz. 1,860 0.3%
Copper (Comex) USd/lb. 407 0.2%
The UK 100 called to open +14 points at 7957.

1 Day; 2 Years

Click graph to enlarge

Markets Overview:

The UK 100 called to open +14 points at 7957. The UK 100 looks set to set to open higher and set a new intraday high after closing at record levels.  In focus today will be US CPI data at 1.30pm (GMT).  On Wall Street yesterday, the Dow closed Monday up 377 points or 1.1% higher at 34,256, the Nasdaq Composite added 174 points or 1.5% higher to close at 11,892 and the S&P 500 jumped 47 points or 1.1%, to end the session at 4,137.

Company News & Broker Comments:

Company News:

Coca-Cola HBC report a FY pretax profit of 389.2m euros, down YoY from 417.7m euros. They have proposed a dividend of 0.78 euros, +9.9% YoY. They expect their FY organic revenue growth to be above 5-6% average target range as they expect FY organic EBIT growth of plus +3% to -3%.

 

 

TUI said its loss in the financial quarter that ended December 31st narrowed amid a climb in revenue on the back of higher travel demand, helped by eased COVID restrictions. They reported a pretax loss of 272.6m euros, narrowed by 33% from 404.5m euros a year ago. Revenue jumped 58% to 3.75bn euros from 2.37bn euros, outpacing a 48% increase in the cost of sales to 3.66bn euros. They declared no dividend, unchanged from a year prior.

 

 

Tullow Oil: Tullow Ghana refers disputed tax claims worth $387 plus penalties to international arbitration in London.

 

 

Vodafone: US listed Liberty Global disclosed a near 5% stake in Vodafone saying their shares were undervalued by the market but ruled out a takeover.

 

 

Broker Comments:

No new broker comments

Reporting Today:

UK

 

Coca-Cola HBC

 

Plus500

 

TUI

 

US

 

Coca-Cola

 

Airbnb

 

Upstart Holdings

Reporting Tomorrow:

UK

 

Barclays

 

Dunelm Group

 

Glencore

 

Hargreaves Lansdown

 

US

 

Barrick Gold

 

The Kraft Heinz Co

 

Shopify

 

The Trade Desk

 

Cisco Systems

 

QuantumScape

 

Roku Inc

 

Twilio

 

 

In Focus Today:

Japanese Industrial Production

 

UK Claimant Count Change

 

UK ILO Unemployment Rate

 

EU EcoFin Meeting

 

EU Gross Domestic Product s.a.

 

US Consumer Price Index

 

This Week's Ex-Dividends:

UK 100 companies going  ex-dividend on 16th February 2023:

 

Imperial Brands

 

BP

 

Shell

 

Pershing Square Holdings

UK 250 companies going  ex-dividend on 16th February 2023:

 

LXi REIT

 

Murray Income Trust

 

NCC Group

 

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.


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.
.