Breaking News
Close
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

UK pre-market stocks update – Playtech, CMC, Tullow, Wizz Air, HSBC

Stock MarketsJan 26, 2022 07:37
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Samuel Indyk

Investing.com – At 07:34GMT, FTSE 100 futures are trading higher by 0.8% at 7,377.

In FX markets, GBP/USD is trading at 1.3504, EUR/GBP is trading at 0.8363. The US Dollar Index is up 0.1%.

Bitcoin is trading at $37,274.

Today’s calendar highlights include monetary policy meetings from the Federal Reserve and Bank of Canada.  

Stocks

HSBC (LON:HSBA) - HSBC Mexico is analysing the purchase of Citigroup’s retail operations in Mexico, Citibanamex.

Playtech (LON:PTEC) - The Board of Directors reiterates its recommendation that shareholders vote in favour of the offer from Aristocrat Leisure Limited.

Fresnillo (LON:FRES) - Full year attributable silver production of 53.1 moz (including Silverstream), marginally below guidance. Full year attributable gold production of 751.2 koz, ahead of guidance. Seeing greater levels of absenteeism due to Omicron which in turn is having an impact across the business - expect that to continue in Q1 2022. 2022 attributable silver production expected to be in the range of 50.5 to 56.5 moz (including Silverstream). Attributable gold production expected to be in the range of 600 to 650 koz.

M&G (LON:MNG) - Partnering with Moneyfarm to provide direct investment services to UK consumers. M&G Wealth, the company's UK wealth management arm, will use Moneyfarm's existing technology, digital capabilities and investment guidance journeys to back its own branded proposition.

Tullow Oil (LON:TLW) - Group working interest oil production averaged 59.2 kboepd, in line with guidance. 2021 revenue is expected to be circa $1.3 billion with a realised oil price of $63/bbl, including hedge costs of circa $150 million. Underlying operating cash flow is expected to be circa $700 million and free cash flow is expected to be circa $250 million, ahead of guidance. 2022 group working interest oil production guidance is 55 to 61 kboepd.

National Express (LON:NEX) / Stagecoach (LON:SGC) - The UK Competition and Markets Authority has issued an interim enforcement order in relation to the proposed combination of the two companies. The purpose of the IEO is to maintain the businesses in their current shape whilst it commences its review of the combination.

CMC Markets (LON:CMCX) - Client money and assets under administration in leveraged and non-leveraged businesses remain close to record highs. Q3 monthly active client numbers across both leveraged and non-leveraged businesses remained at similar levels to those in H1 2022. Board is confident of achieving net operating income within the range of £250-£280 million for FY 2022.

Wizz Air (LON:WIZZ) - Q3 passengers carried increased 243.4% to 7.787 million. Revenue up 172.5% to €408.4 million. Operating loss increased to €213.6 million as travel restrictions continued to affect demand. Emergence of the Omicron variant and renewed travel restrictions impacted our trading performance late in the quarter and we expect demand in January, February and part of March to be impacted by ongoing travel uncertainty. Anticipates the operating loss for Q4 to be slightly higher than the operating loss of €213.6 million for Q3.

Sage Group (LON:SGE) - Q1 recurring revenue up 8% to £429 million. Organic total revenue up 5% to £458 million. Reiterate guidance for the full year, as set out in FY21 results announcement.

Pets at Home (LON:PETSP) - Total Group revenue growth of 5.8% to £319.4 million, with Group like-for-like revenue up 8.7%, or up 28.1% on a 2-year basis. Now anticipate that FY22 Group underlying pre-tax profit, excluding any potential impact from accounting changes, will be at least £140 million.

Brewin Dolphin (LON:BRW) - Total discretionary inflows of £1.0 billion, driven by both our direct and indirect businesses. Total funds increased by 3.7% to £59.0 billion. Total income was £104.4 million, an increase of 8.9%, driven by higher funds and strong market performance.

Edinburgh Investment Trust (LON:EDIN) - Declared a second interim dividend for the year ending 31 March 2022 of 6.00 pence per ordinary share.

FDM Group (LON:FDM) - Expects the Group's financial performance for the year to 31 December 2021 to be comfortably in line with its expectations. Revenue for the year to 31 December 2021 is expected to be flat in comparison to the prior year at £267.4 million, up 2% on a constant currency basis. Targeting a significant increase in the numbers of “Mounties” that are trained and deployed in 2022.

Quilter (LON:QLT) - Assets under Management and Administration of £111.8 billion at the end of December 2021, up 13% from 31st December 2020.

Derwent London (LON:DLN) - Exchanged contracts to sell its 70,700 sq ft freehold interest in New River Yard EC1 to a UK private property company. The disposal price is £67.5 million before costs, and before rental top-ups.

Henderson Smaller Cos Inv Tst (LON:HSL) - Net asset value total return of -2.1% compared to a total return from the benchmark of -2.8%. Share price total return of -7.9%. Interim dividend of 7.0p (30 November 2020: 7.0p).

UK pre-market stocks update – Playtech, CMC, Tullow, Wizz Air, HSBC
 

Related Articles

Nordstrom Shares up 9% on Q1 Beat and Raise
Nordstrom Shares up 9% on Q1 Beat and Raise By Investing.com - May 24, 2022

By Davit Kirakosyan Nordstrom (NYSE:JWN) shares rose around 9% after-hours following the company’s reported Q1 results, with revenue coming in at $3.57 billion (up 18.7%...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Our Apps
DOWNLOAD APPApp store
Investing.com
© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
  • Sign up for FREE and get:
  • Real-Time Alerts
  • Advanced Portfolio Features
  • Personalized Charts
  • Fully-Synced App
Continue with Google
or
Sign up with Email