Getting latest data loading
Home / Morning Report / Morning Report – 28th November 2022

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

Morning Report - 28 November 2022

Yesterday’s UK 100 Leaders Price (p) % Chg
Airtel Africa PLC 122.3 1.4%
Smith & Nephew PLC 1,103.5 1.3%
Imperial Brands PLC 2,126.0 1.2%
Frasers Group PLC 888.0 1.1%
Bae Systems PLC 806.8 1.1%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Ocado Group PLC 649.8 -2.1%
United Utilities Group PLC 1064.5 -2.0%
Centrica PLC 93.9 -2.0%
Endeavour Mining PLC 0.0 -1.8%
Rs Group PLC 941.5 -1.7%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 7,487 0.3% 6.3%
DOW JONES INDUS. AVG 34,347 0.5% -1.6%
DAX INDEX 14,541 0.0% -4.7%
NIKKEI 225 28,163 -0.4% -2.1%
S&P/ASX 200 INDEX 7,229 -0.4% -0.7%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 74.11 -2.84%
Brent Crude (ICE) USD/bbl. 81.15 -2.97%
Gold Spot USD/t oz. 1,750 -0.3%
Copper (Comex) USd/lb. 357 -1.6%
The UK 100 is called to open -28 points this morning at 7458.

4 hours; 8 Months

Click graph to enlarge

Markets Overview:

The UK 100 is called to open -28 points this morning at 7458. The UK 100 looks set to open lower this morning following anti-lockdown protests across several major cities in China which helped send Asian markets lower as a result, the Shanghai Composite was down 0.9%, while the Hang Seng index in Hong Kong was down 1.8%.  On Friday, the Dow rose 152.97 points, or 0.45% to 34,347.03, marking the third consecutive session of gains. The S&P fell 0.03% to end the day at 4,026.12. The Nasdaq slipped 0.52% to 11,226.36.

 

 

Company News & Broker Comments:

Company News:

BP have been awarded new exploration blocks in Egypt’s offshore Nile Delta as they state the blocks have potential for gas discoveries.

 

 

Inchcape CFO Giksbert de Zoeten steps down from the board immediately due to “personal behaviour” as they appoint Financial Controller Adrian Lewis as acting CFO.

 

 

Broker Comments:

Goldman Sachs Downgrades Watches of Switzerland to Neutral from Buy (6 Buys / 0 Holds / 0 Sells)

 

 

Redburn Downgrades ABRDN to Sell from Neutral (3 Buys / 4 Holds / 3 Sells)

 

 

UBS Downgrades Persimmon to Sell from Neutral (6 Buys / 8 Holds / 1 Sell)

 

 

UBS Downgrades Smith & Nephew to Sell from Neutral (4 Buys / 5 Holds / 1 Sell)

Reporting Today:

Home REIT

 

 

JLEN Environmental Assets

 

Reporting Monday:

Shaftesbury

 

 

easyJet

 

In Focus Today:

 

Japanese Jobs / Applicants Ratio

 

Japanese Unemployment Rate

 

Japanese Large Retailer Sales

 

Japanese Retail Trade

 

This Week's Ex-Dividends:

UK 100 companies going  ex-dividend on 1st December 2022:

 

 

3i Group

 

Severn Trent

 

Next

UK 250 companies going  ex-dividend on 1st December 2022:

 

 

Bellway

 

Ninety One

 

Fidelity Special Values

 

Pets At Home Group

 

CMC Markets

 

Warehouse REIT

 

Telecom Plus

 

LXi REIT

 

LondonMetric Property

 

Hill & Smith Holdings

 

AVI Global Trust

 

Alliance Trust

 

Caledonia Investments

 

Personal Assets Trust

 

Oxford Instruments

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.
.