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 |
| MELROSE INDUSTRIES PLC | 168.9 | 3.0% |
| INTERMEDIATE CAPITAL GROUP | 2,289.0 | 3.0% |
| GLENCORE PLC | 329.1 | 2.9% |
| SMURFIT KAPPA GROUP PLC | 3,895.0 | 2.5% |
| EVRAZ PLC | 638.0 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| INFORMA PLC | 543.2 | -2.6% |
| JUST EAT TAKEAWAY | 6491.0 | -2.0% |
| BT GROUP PLC | 191.8 | -1.7% |
| IMPERIAL BRANDS PLC | 1608.5 | -1.0% |
| ASHTEAD GROUP PLC | 5024.0 | -0.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,134 | 0.7% | 16.9% |
| DOW JONES INDUS. AVG | 34,480 | 0.0% | 34.7% |
| DAX INDEX | 15,693 | 0.8% | 31.3% |
| NIKKEI 225 | 29,162 | 0.7% | 30.7% |
| S&P/ASX 200 INDEX | 7,312 | 0.1% | 25.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 71.27 | 0.51% |
| Brent Crude (ICE) | USD/bbl. | 73.09 | 0.55% |
| Gold Spot | USD/t oz. | 1,861 | -0.9% |
| Copper (Comex) | USd/lb. | 452 | -0.4% |
UK 100 is called to open +12 points this morning at 7146. Calls for a positive open today come today despite the expectation today that Downing Street may delay the further relaxation of pandemic restrictions. US equities ended higher on Friday bolstered by gains in the financial and tech stocks. The Dow Jones rose 0.04%, or 13 points, to 34,479, while the S&P 500 index added 0.19%, or 8 points to 4,247. The Nasdaq closed 0.35%, or 49 points, higher at 14,069. In Asia overnight In Japan, Nikkei 225 rose 0.6%, while South Korea’s Kospi dipped marginally. Markets in Australia, mainland China and Hong Kong are closed on Monday for holidays.
Just Eat Takeaway.com: Blackrock has a 6.4% stake in Just Eat after transaction last week.
Saga announce that Steve Kingshott will join as Insurance CEO in the autumn.
Serco has upped their underlying trading profit forecast by £15m, to £200m.
Ted Baker reported an underlying loss for the pandemic-hit fiscal 2021 and warned that its Q1 revenue for the current year fell 20% due to coronavirus restrictions during the period. They reported an underlying pretax loss of £59.2m (2020: £4.8m profit).
Bernstein Downgrades Diageo to Market-perform from Outperform (11 Buys / 5 Holds / 1 Sell)
Investec Upgrades Close Brothers to Hold from Sell (1 Buy / 9 Holds / 1 Sell)
Morgan Stanley Downgrades CRH to Equal-weight form Overweight (5 Buys / 1 Hold / 0 Sells)
None
Ashtead
Bellway
Telecom Plus
UK Claimant Count Change
UK ILO Unemployment Rate
German Harmonized Index of Consumer Prices
US Retail Sales Control Group
US Producer Price Index ex Food & Energy
UK 100:
Intermediate Capital Group
3i Group
Land Securities Group
UK 250:
Ferrexpo
TR Property Investment Trust
3i Infrastructure
Templeton Emerging Markets IT
Pets At Home Group
Fidelity China Special Situations
Electrocomponents
XP Power
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.