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 |
| RENTOKIL INITIAL PLC | 534.4 | 2.0% |
| AVAST PLC | 556.8 | 1.6% |
| INTERTEK GROUP PLC | 5,130.0 | 1.3% |
| SEVERN TRENT PLC | 3,048.0 | 0.9% |
| NATIONAL GRID PLC | 1,172.5 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| B&M EUROPEAN VALUE RETAIL SA | 516.6 | -6.1% |
| ANGLO AMERICAN PLC | 3460.5 | -5.9% |
| ROLLS-ROYCE HOLDINGS PLC | 91.6 | -5.2% |
| WHITBREAD PLC | 2851.0 | -4.8% |
| SCHRODERS PLC | 3012.0 | -4.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,522 | -1.4% | 8.4% |
| DOW JONES INDUS. AVG | 33,811 | -2.8% | -0.7% |
| DAX INDEX | 14,142 | -2.5% | -7.4% |
| NIKKEI 225 | 26,591 | -1.9% | -8.4% |
| S&P/ASX 200 INDEX | 7,473 | -1.6% | 5.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 98.29 | -3.70% |
| Brent Crude (ICE) | USD/bbl. | 102.79 | -3.62% |
| Gold Spot | USD/t oz. | 1,913 | -1.0% |
| Copper (Comex) | USd/lb. | 453 | -1.5% |
The UK 100 is called to open -110 points at 7410. European stock index futures sank over 1% on Monday as nerves around rapid U.S. interest rate hikes and tech earnings this week overshadowed cheer from French President Emmanuel Macron's election victory. The UK’s blue-chip index looks set for another triple-digit fall as Covid situation in China worsens. On Friday in the US, the Dow Jones slumped 981 points to 33,811 and the S&P 500 tumbled 122 points to 4,272. In Japan, the Nikkei is 467 points lighter at 26,638 while in Hong Kong the Hang Seng is 663 points in the hole at 19,976. In China, the Shanghai Composite is 122 points weaker at 2,965, its lowest level since 2020, as strict restrictions have begun to spread in the People’s Republic, with authorities ordering mandatory Covid tests in a district of Beijing.
Anglo American: A Chilean environmental regulator has recommended that Anglo American's Los Bronces copper project not be granted an extension permit involving a planned $3.3bn investment.
British Land sells 75% of their Paddington Central assets to GIC for £694m.
Polymetal reports that their Q1 gold production fell 6% to 372 Koz YoY, but their Q1 revenue increased 4% to $616m YoY. They attribute higher revenue to higher gold prices.
Deutsche Bank Downgrades Marks & Spencer to Hold from Buy (7 Buys / 13 Holds / 0 Sells)
Deutsche Bank Downgrades National Grid to Hold from Buy (6 Buys / 7 Holds / 1 Sell)
None
Associated British Foods (ABF)
HSBC
Hochschild Mining
IWG
Jupiter Fund Management
National Express
Taylor Wimpey
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
Chicago Fed National Activity Index
Japanese Jobs / Applicants Ratio
Japanese Unemployment Rate
FTSE 100:
St. James's Place
Fresnillo
Reckitt Benckiser Group
RELX
London Stock Exchange Group
Rightmove
FTSE 250:
Tyman
Morgan Sindall Group
Morgan Advanced Materials
Derwent London
Coats Group
Drax Group
City of London Investment Trust
4imprint Group
Schroder Oriental Income Fund
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.
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.