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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Sainsbury (J) PLC | 262.8 | 4.1% |
| Auto Trader Group PLC | 621.2 | 2.8% |
| Kingfisher PLC | 279.1 | 2.6% |
| Reckitt Benckiser Group PLC | 5,726.0 | 2.5% |
| B&M European Value Retail S.A. | 451.5 | 2.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Standard Chartered PLC | 688.0 | -3.5% |
| Fresnillo PLC | 836.4 | -2.7% |
| Prudential PLC | 1,342.5 | -2.1% |
| Scottish Mortgage Investment Trust PLC | 752.4 | -1.9% |
| Legal & General Group PLC | 256.0 | -1.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,785 | 0.3% | 4.3% |
| DOW JONES INDUS. AVG | 33,717 | -0.8% | -2.9% |
| DAX INDEX | 15,126 | -0.2% | -1.3% |
| NIKKEI 225 | 27,327 | -0.4% | 1.2% |
| S&P/ASX 200 INDEX | 7,477 | -0.1% | 7.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.55 | -0.45% |
| Brent Crude (ICE) | USD/bbl. | 84.79 | -0.13% |
| Gold Spot | USD/t oz. | 1,914 | -0.5% |
| Copper (Comex) | USd/lb. | 415 | -1.2% |
Click graph to enlarge
The UK 100 called to open -22 points at 7762. The UK 100 looks set to open lower following losses in the US and Asia and as the IMF posted another gloomy assessment of the UK economy. In the US markets ended the Monday with heavy losses, the Dow was down 260 points or 0.8%, at 33,718, the Nasdaq fell 228 points or 2%, to end at 11,394 and the S&P was 53 points worse off, falling 1.3%, to end at 4,018. Asian markets followed Wall Street lower, despite new figures showing China's factory activity returned to growth. In Tokyo, the Nikkei index was down 0.4%. In China, the Shanghai Composite was down 0.4%, while the Hang Seng index in Hong Kong was down 1.6%.
AG Barr expects slight margin hit in new year due to inflation pressure.
British American Tobacco says their new business structure will be split into three regions after review.
De La Rue says their CFO Rob Harding is to step down to take on the same role at PayPoint.
ITM Power reports a H1 pretax loss of £56.5m, widening YoY from £15m. The loss reflects “increased losses on inventory and customer contracts”. They expect FY product revenue of around £2m with an adjusted EBITDA loss of £85-95m.
Johnson Matthey agrees partnership with Plug Power for hydrogen technology.
Pets at Home have raised their FY profit forecast, boosted by robust demand for its pet food, litter and accessories despite a cost-of-living crisis. They now expect their annual underlying profit before tax to be towards the upper-end of current consensus range of £126-136m, compared with a previous outlook of £131m.
Barclays Upgrades WPP to Overweight from Equal Weight (8 Buys / 7 Holds / 1 Sell)
Berenberg Downgrades M&G to Hold from Buy (5 Buys / 4 Holds / 0 Sells)
Berenberg Downgrades Legal & General to Hold from Buy (5 Buys / 6 Holds / 0 Sells)
HSBC Downgrades Restaurant Group to Hold from Buy (12 Buys / 1 Hold / 0 Sells)
HSBC Downgrades JD Wetherspoon to Hold from Buy (5 Buys / 6 Holds / 0 Sells)
HSBC Upgrades Compass Group to Buy from Hold (7 Buys / 12 Holds / 0 Sells)
US
Caterpillar Inc
Exxon Mobil
General Motors
McDonald's Corp
Pfizer
Spotify Technology SA
Advanced Micro Devices
Amgen
Mondelez
Snap Inc A
UK
Entain
GSK
Glencore
Vodafone Group
UK Commercial Property Reit
US
Thermo Fisher Scientific
Meta Platforms
Novo Nordisk
Chinese NBS Manufacturing PMI
Chinese Non-Manufacturing PMI
German Retail Sales
German Unemployment Change
ECB Bank Lending Survey
EU Gross Domestic Product s.a.
German Harmonized Index of Consumer Prices
US Housing Price Index
Chicago Purchasing Managers' Index
US Consumer Confidence
UK 100 companies going ex-dividend on 2nd February 2023:
None
UK 250 companies going ex-dividend on 2nd February 2023:
Paragon Banking Group
Merchants Trust
JLEN Environmental Assets Group
Bluefield Solar Income Fund
Edinburgh Investment Trust
IG Group Holdings
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