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 |
| RECKITT BENCKISER GROUP PLC | 6,554.0 | 4.5% |
| OCADO GROUP PLC | 2,754.0 | 2.4% |
| SEVERN TRENT PLC | 2,391.0 | 2.2% |
| UNITED UTILITIES GROUP PLC | 952.6 | 2.1% |
| SCOTTISH MORTGAGE INV TR PLC | 1,306.0 | 2.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| INTL CONSOLIDATED AIRLINE-DI | 140.0 | -7.7% |
| MELROSE INDUSTRIES PLC | 165.7 | -5.6% |
| COMPASS GROUP PLC | 1321.5 | -5.2% |
| ROLLS-ROYCE HOLDINGS PLC | 98.0 | -4.8% |
| INFORMA PLC | 492.8 | -4.5% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,639 | -0.8% | -12.5% |
| DOW JONES INDUS. AVG | 30,960 | -0.1% | 6.8% |
| DAX INDEX | 13,644 | -1.7% | 0.5% |
| NIKKEI 225 | 28,546 | -1.0% | 19.8% |
| S&P/ASX 200 INDEX | 6,825 | 0.4% | -3.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 52.36 | -0.78% |
| Brent Crude (ICE) | USD/bbl. | 55.46 | -0.75% |
| Gold Spot | USD/t oz. | 1,855 | 0.0% |
| Copper (Comex) | USd/lb. | 359 | -1.0% |
UK 100 called to open +20 points this morning at 6717. Calls for a flat open come as traders await unemployment numbers out later this morning. Yesterday on Wall Street indicies had mixed results, the Dow Jones fell by 37 points or 0.1% to 30,960, the S&P however rose 0.4% and the Nasdaq was th etop performing index one more, adding 0.7% to reach another record close. The tech-fueled US index was boosted by trader optimism over the start of earnings season for big tech, starting this evening with Microsoft and tomorrow with Apple, Tesla and Facebook. Asian markets overnight closed in the red, The Hang Seng in Hong Kong led losses among the region’s major markets by falling 2.19%, closely followed by South Korea’s Kospi which dropped 2.14%. Mainland Chinese stocks were also lower, with the Shanghai composite slipping 1.27% while Japan’s Nikkei 225 fell 0.96%.
AstraZeneca says that their Symbicort Turbuhaler has been approved in China as an anti-inflammatory reliever.
Crest Nicholson report FY adjusted pretax profit of £45.9m, around £35-45m ahead of guidance.
Greencore report that their revenue is down 15% in Q1 due to UK restrictions and lockdowns.
JD Sports confirms they are exploring an equity raise of around £400m.
Petropavlovsk reports that their Q4 average realised Gold price was $1,864 per Oz Vs $1,395 YoY. They also state that there has been no material COVID outbreaks so far and that their supply chains are fully functional.
Quilter report that their Q4 assets under management are up to £117.8bn from £110.4bn YoY.
Rolls-Royce reports that December trading across all its business units were in line with expectations. They have delivered "good progress" on their restructuring programme as they achieved 2020 cost savings of more than £1bn and have a year-end liquidity of £9bn.
Saga report a FY underlying pretax profit despite COVID-19 challenges.
Exane Upgrades Compass Group to Neutral from Underperform (7 buys / 10 holds / 1 sell)
Exane Downgrades Intercontinental Hotels to Underperform from Neutral (2 Buys / 12 Holds / 4 Sells)
HSBC Downgrades TUI to Reduce from Hold (1 Buy / 4 Holds / 4 Sells)
Crest Nicholson Holdings
PZ Cussons
Petropavlovsk
UDG Healthcare
Brewer Dolphin Holdings
Fresnillo
UK Claimant Count
UK ILO Unemployment Rate
US House Price Index
US Consumer Confidence
UK 100:
Pennon Group
UK 250:
Paragon Banking Group
Victrex
City of London 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.