Getting latest data loading
Home / Morning Report / Morning Report – 24th October 2022

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

Morning Report - 24 October 2022

Yesterday’s UK 100 Leaders Price (p) % Chg
GLENCORE PLC 502.1 3.6%
ANGLO AMERICAN PLC 2,734.0 3.1%
ANTOFAGASTA PLC 1,148.0 2.7%
GSK PLC 1,392.4 2.0%
ENDEAVOUR MINING PLC 1,539.0 1.8%
Yesterday’s UK 100 Laggards Price (p) % Chg
AUTO TRADER GROUP PLC 486.2 -6.2%
JD SPORTS FASHION PLC 94.2 -6.1%
FRASERS GROUP PLC 621.0 -4.0%
RIGHTMOVE PLC 459.1 -3.0%
NEXT PLC 4738.0 -2.9%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,970 0.4% -3.3%
DOW JONES INDUS. AVG 31,083 2.5% -12.9%
DAX INDEX 12,731 -0.3% -18.1%
NIKKEI 225 26,891 -0.4% -6.7%
S&P/ASX 200 INDEX 6,677 -0.8% -10.0%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 85.05 0.64%
Brent Crude (ICE) USD/bbl. 93.50 1.21%
Gold Spot USD/t oz. 1,658 1.8%
Copper (Comex) USd/lb. 347 1.9%
The UK 100 is called to open +11 points this morning at 6981.

4 hours; 8 Months

Click graph to enlarge

Markets Overview:

The UK 100 is called to open +11 points this morning at 6981.  The UK 100 looks set to open marginally lower this morning as investors await the outcome of the Conservative Party leadership election to see who will be the next prime minister.  Stocks climbed on Friday as Wall Street closed a volatile week on a high note despite some disappointing earnings reports to clinch the best week for the major averages since June. The Dow Jones gained 748.97 points, or 2.47%, to close at 31,082.56. The S&P 500 rose 2.37% to 3,752.75. The Nasdaq Composite added 2.31% to 10,859.72.

 

Company News & Broker Comments:

Company News:

Asos PLC is set to confirm that the billionaire retailer Mike Ashley has built up a stake of more than 5% in the retailer.

 

Auto Trader Group the UK's largest automotive marketplace, today announces the sale of one of its subsidiaries, Webzone Limited.

Frasers Group announced that they had made an unconditional offer for the MySale Group

Broker Comments:

No New Broker Comments

Reporting Today:

Dr Martens

 

Reporting Tuesday:

HSBC Holdings

 

In Focus Today:

 

German S&P Global/BME Manufacturing PMI

 

German S&P Global/BME Composite PMI

 

German S&P Global/BME Services PMI

 

EU S&P Global Composite PMI

 

EU S&P Global Manufacturing PMI

 

EU S&P Global Services PMI

 

UK S&P Global/CIPS Composite PMI

 

UK S&P Global/CIPS Manufacturing PMI

 

US Chicago Fed National Activity Index

 

US S&P Global Composite PMI

 

US S&P Global Manufacturing PMI

 

US S&P Global Services PMI

 

This Week's Ex-Dividends:

UK 100 companies going  ex-dividend on 27th October 2022:

 

Dechra Pharmaceuticals

 

UK 250 companies going  ex-dividend on 27th October 2022:

 

Morgan Advanced Materials

 

Foresight Solar Fund

 

City of London Investment Trust

 

Balfour Beatty

 

Bankers Investment 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.
.