Getting latest data loading
Home / Morning Report / Morning Report

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

Morning Report - 9 December 2020

Yesterday’s UK 100 Leaders Price (p) % Chg
DS SMITH PLC 362.0 3.8%
EXPERIAN PLC 2,772.0 3.4%
INTERTEK GROUP PLC 5,886.0 3.3%
3I GROUP PLC 1,160.5 2.9%
SSE PLC 1,403.0 2.9%
Yesterday’s UK 100 Laggards Price (p) % Chg
INTL CONSOLIDATED AIRLINE-DI 161.2 -3.6%
INTERCONTINENTAL HOTELS GROU 4776.0 -3.6%
ROLLS-ROYCE HOLDINGS PLC 126.3 -3.5%
HSBC HOLDINGS PLC 400.4 -2.7%
BERKELEY GROUP HOLDINGS/THE 4305.0 -2.6%
Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 6,559 0.1% -9.3%
DOW JONES INDUS. AVG 30,174 0.4% 8.1%
DAX INDEX 13,278 0.1% 1.3%
NIKKEI 225 26,818 1.3% 14.5%
S&P/ASX 200 INDEX 6,728 0.6% 0.0%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 45.67 0.15%
Brent Crude (ICE) USD/bbl. 48.94 0.20%
Gold Spot USD/t oz. 1,860 -0.5%
Copper (Comex) USd/lb. 352 0.6%
UK 100 called to open +30 points this morning at 6583.

4 Hours; 23 days

Click graph to enlarge

Markets Overview:

 

UK 100 called to open +30 points this morning at 6583. Calls for a positive open come as Boris Johnson prepares to head to Brussels for crunch talks to thrash out a post-Brexit trade deal before Christmas. During trading in the US yesterday The Dow Jones ended the session up 0.35% at 30,173, while the S&P 500 rose 0.28% to 3,702 and the Nasdaq climbed 0.5% to 12,582.  Markets in Asia followed the US lead on Wednesday morning, with Japan’s Nikkei 225 up 1.19% while Hong Kong’s Hang Seng rose 0.88%.

Company News:

Balfour Beatty expects a 20% jump in its year-end order book as the British government allowed construction work to begin on the new high-speed rail line, while other project wins also supported the company during the COVID-19 crisis. They forecast a year-end order book of around £17bn, adding that annual results will be in line with its expectations.

 

British American Tobacco raised its forecast for 2020 revenue as the hit to cigarette demand from the COVID-19 pandemic was smaller than feared. They expect adjusted revenue growth to be at the upper end of its previous forecast of 1-3%.

 

G4S has agreed to be bought out by Allied Universal for £3.8bn.

 

Howden Joinery sees FY20 pretax profit at around 10% above the top end of current analyst forecasts.

 

Stagecoach posted a 99% plunge in earnings due to the pandemic stopping people travelling plus the expiry of previous contracts hurting the business.

 

Tesco have said that all conditions have been satisfied for the $10.6bn sale of its business in Thailand and Malaysia to C.P. Retail Development Company Limited and the deal should be completed this month.

 

Victrex reports a FY pretax profit of £63.5m.

 

Reporting Today:

 

 

Creightons plc**

Stagecoach**

Victrex

 

 

Reporting Tomorrow:

 

 

 

Ocado Group plc

DS Smith

Martsons

On the Beach Group

 

 

In Focus Today:

 

Chinese Consumer Price Index

German Trade Balance

 

 

Tomorrrow's Ex Dividends:

 

UK 100:

 

Aviva

Intermediate Capital Group

Homeserve

 

UK 250:

 

Ninety One

TR Property Investment Trust

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.


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.
.