This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rolls-Royce Holdings PLC | 133.1 | 23.7% |
| International Consolidated Airlines Group S.A. | 165.4 | 4.3% |
| WPP PLC | 1,051.5 | 3.4% |
| Ocado Group | 638.2 | 3.2% |
| Melrose Industries | 146.9 | 3.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Antofagasta PLC | 1582.5 | -5.5% |
| Mondi PLC | 1406.5 | -4.8% |
| Endeavour Mining PLC | 1689.0 | -3.2% |
| Bt Group PLC | 137.2 | -2.6% |
| Astrazeneca PLC | 11210.0 | -2.5% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,908 | -0.3% | 9.7% |
| DOW JONES INDUS. AVG | 33,154 | 0.3% | -0.2% |
| DAX INDEX | 15,476 | 0.5% | 10.1% |
| NIKKEI 225 | 27,416 | 1.1% | 3.6% |
| S&P/ASX 200 INDEX | 7,307 | 0.3% | 4.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 75.95 | 0.74% |
| Brent Crude (ICE) | USD/bbl. | 82.80 | 0.72% |
| Gold Spot | USD/t oz. | 1,825 | 0.2% |
| Copper (Comex) | USd/lb. | 406 | 0.2% |
The UK 100 called to open +23 points at 7930. The UK 100 looks set to open higher this morning ahead of key US inflation data. This follows on from a bright session Stateside yesterday which saw all major indices end the day in the green. The Dow Jones closed Thursday up 109 points or 0.3%, at 33,154, the Nasdaq added 83 points or 0.7%, to 11,590 and the S&P also improved by 21 points or 0.5% respectively, to close at 4,012.
Cineworld receives non-binding proposals for some or all of the firm’s businesses.
CVS Group report a H1 FY23 pretax profit of £28m, up from £22.9m YoY. They remain confident that FY results will be in line with expectations.
International Consolidated Airlines Group reported a substantially improved financial performance with a FY22 profit of 415m euros, up from a loss of 3.51bn euros YoY. They have agreed to pay 400m euros for the remaining 80% of Air Europa.
Jupiter Fund Management reports that their assets under management fall 17% to £50.2bn. Their pretax profit has fallen 68% to £58m as their 2022 total dividend amounts to 8.4p per share, down from 17.1p.
No new broker comments
UK
International Consolidated Airlines Group
Jupiter Fund Manager
US
None
UK
Bunzl
Dechra Pharmaceuticals
US
Viatris
Zoom Video Communications
UK GfK Consumer Confidence
German Gfk Consumer Confidence Survey
German Gross Domestic Product
US Core Personal Consumption Expenditures - Price Index
US Michigan Consumer Sentiment Index
US New Home Sales
US UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 2nd March 2023:
Diageo
Hargreaves Lansdown
HSBC Holdings
Berkeley Group Holdings
UK 250 companies going ex-dividend on 2nd March 2023:
Diversified Energy Company
Safestore Holdings
Capital & Counties Properties
Ashmore Group
Scottish American Investment Company
JPMorgan Global Growth & Income
Personal Assets Trust
Ruffer Investment Company
HICL Infrastructure
Genus
Hays
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.
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.