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Pre-market calls and stocks to watch

Here is the latest news affecting the financial markets today. 

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Pre-market calls

Be informed of what is happening in the market before it opens. Understanding why your positions are moving, will allow you to make more informed trading decisions.

It covers:

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  • UK Market

  • US Market

  • ASIAN Market

  • Oil

  • Gold

  • Other index pre-market calls

  • General News

  • ADR movers since the European close

  • POSITIVE NEWS

  • NEGATIVE NEWS

  • MISCELLANEOUS NEWS

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A past example of  Pre-market call report

 

 

UK Market

Equity markets will start the session in a mixed mood this morning as index futures point to open slightly higher than of yesterday's closing levels as tensions remain over the Russia/Ukraine conflict.

The FTSE100 is call to open +5

IG's FTSE100 index pays 19.99 ex-dividend points at 16:30 today.

US Market

The U.S. markets ended the day with solid losses, but off their session lows as they trended lower early afternoon, then recovered some but faded into the close again, amidst rising geopolitical uncertainty, pestering concerns about monetary policy, and weakening price momentum. The S&P finished the day down 1%, down 0.4% from the European close, while the Nasdaq finished the day down 1.2% and the Dow finished down 1.4%.

ASIAN Market

Asian markets are trading with modest gains this morning, as geopolitical risks are assessed following Western nations sanctions on Russia, bolstered by Chinese tech stocks. Hong Kong, China and Australia all have modest gains while Japan is closed today. 

Nikkei Stock Average 225          closed
Hang Seng Index                         +0.57%
Shanghai Composite Index       +0.85%
ASX All Ordinaries Index            +0.70%

Oil

Oil prices took a breather after surging to seven-year highs in the previous session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine would not disrupt oil supply.

Brent Crude is trading at $94.18
US Crude is trading at $91.63

Gold

Gold was flat, holding near a nine-month high hit in the last session, as safe-haven demand was offset by a rise in Treasury yields following the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine.

Gold is trading at $1,898

Other index pre-market calls

German DAX is called to open +40
French CAC is called to open +25
Dow Jones futures are trading +140

General News

RUSSIA-UKRAINE: The European Union agreed new sanctions on Russia that will blacklist more politicians, lawmakers and officials, ban EU investors from trading in Russian state bonds, and target imports and exports with separatist entities.

ADR movers since the European close

BP down 1.5%, RIO TINTO down 1%, ASTRAZENECA down 1%

European stocks going ex-dividend today

Nothing of note

Scroll down to read stock specific news

POSITIVE NEWS
 

ASTON MARTIN (AML) ; FY EBITDA £137.9mln missing mkt est £150.2m. Net debt up to £892m from £727m in 2020. On way to achieving medium term targets.DECHRA PHARMA raised to hold from sell at LiberumDR MARTENS (DOCS); ‘RISKY BUY’ in Questor.GLENCORE raised to outperform from market perform at BMO

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RIO TINTO - A solid set of number sees shares in Australia rise over 1.30%.  Looks to pay $1b special divi.UNITE GROUP (UTG) ; Adj earnings +20% at £110m and adj EPS +15% at 27.6p. Recovery over the year with a 94% occupancy rate (2020/21: 88%) and 2.3% rental growth. £261m of disposals helping to improve the quality of portfolio with secured development and Uni partnerships pipeline of £967m for delivery over 4 yrs. Outlook is positive with strong demand for accommodation with UCAS applications +7% and reservations for 2022/23 at 67%.

NEGATIVE NEWS
 

HOCHSCHILD (HOC); FY. Adj PTP $148.7m vs $168m cons. 2022 guidance impacted by lower grades and higher costs at Immaculada. Peruvian government cloud still present.

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MISCELLANEOUS NEWS
 

BARCLAYS (BARC); Q4's. PBT of £8.4bn, CIB revenue in line with mkt est but profit ahead at £1bn vs £679m mkt est, £1bn share buyback announced, CET1 at 15.1% is strong, credit impairment release of £31m, ROTE of 13.4%, costs moderately higher. All the UK banks have disappointed in Q4, Barclays do read the best of the bunch.

 

CAPITAL & COUNTIES (CAPC); FY total property value £1.81bn. Net rental income £46.4m. Strong level of leasing demand for Covent Garden which leads to valuation uplift in H2.

 

DARKTRACE (DARK); Acquires attack surface management company Cybersprint for €47.5m, paid 75% cash and the balance in equity. Results of ops are not expected to be material for rest of FY22.INTERCONTINENTAL HOTELS (IHG); ‘HOLD’ in Tempus. 'The group’s recovery potential is already accounted for in the shares’ valuation, which doesn’t represent an attractive entry point for new investors'.OLD MUTUAL (OMU); Cautious outlook due to potential future impacts of Covid. Nonetheless FY results are expected to be significantly ahead of last year.

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Disclaimer 
Any research has been produced by an independent third party provider. Further details can be provided on request. 
Any report has been prepared using information available from public sources, which are believed to be reliable as at the date of this report. However, Guardian Stockbrokers, its employees and its independent third party provider make no representation as to the accuracy or completeness of this report. This report should therefore not be relied on as accurate or complete. The facts and opinions on this report are subject to change without notice. Guardian Stockbrokers, its employees and its independent third party provider have no obligation to modify or update this report in the event that any information on this report becomes inaccurate. 


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