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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Smurfit Kappa Group PLC | 3022 | 3.7% |
| Melrose Industries PLC | 458.4 | 3% |
| 3i Group PLC | 1798.5 | 3% |
| ConvaTec Group PLC | 218.4 | 2.7% |
| Admiral Group PLC | 2234 | 2.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Rolls-Royce Group PLC | 145.9 | -6.6% |
| Airtel Africa PLC | 111.7 | -5.3% |
| Antofagasta PLC | 1382 | -4% |
| Anglo American PLC | 2347.5 | -3.9% |
| Glencore PLC | 427.6 | -3.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,730 | -0.1% | 6.8% |
| DOW JONES INDUS. AVG | 33,309 | -0.6% | 4.9% |
| DAX INDEX | 15,834 | -0.3% | 15.2% |
| NIKKEI 225 | 29,411 | 0.9% | 14.2% |
| S&P/ASX 200 INDEX | 7,253 | 0% | 4.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.69 | -0.2% |
| Brent Crude (ICE) | USD/bbl. | 74.73 | -0.3% |
| Gold Spot | USD/t oz. | 2,009 | -0.2% |
| Copper (Comex) | USd/lb. | 371 | 0% |
Click graph to enlarge
The UK 100 called to open +26 points at 7754. UK 100 is called to open higher on Friday as UK GDP data m/m figure missed coming in at -0.3% when 0% was expected, but the q/q figure was in line with expectations of 0.1% growth. USA ended largely lower, but did perk up towards the end of Thursday’s session as the Dow closed -0.7%, S&P -0.2% whilst the Nasdaq rose 0.2%. Stocks in Asia were mixed on Friday as the Nikkei closed +0.9%, Shanghai -0.8% and Hong Kong -0.4%.
Balfour Beatty still expects their 2023 profit from operations to be broadly in line with 2022.
Beazley reported a Q1 FY23 net income from investments of $104m vs a loss of $92m YoY. They are confident in their 2023 growth guidance for gross written and net premiums written.
GSK welcomes the decision of British Columbia Supreme court regarding Zantac litigation. They also complete the sale of 240m shares in Haleon at 335p per share, raising £804m.
THG terminates discussions with Apollo Global re non-binding indicative proposal.
Berenberg Upgrades Crest Nicholson to Buy from Hold (5 Buys / 4 Holds / 1 Sell)
Berenberg Upgrades Redrow to Buy from Hold (9 Buys / 5 Holds / 0 Sells)
Jefferies Downgrades Diageo to Hold from Buy (9 Buys / 7 Holds / 1 Sell)
Morgan Stanley Upgrades Pearson to Overweight (5 Buys / 5 Holds / 0 Sells)
RBC Upgrades Barclays to Outperform from Sector Perform (8 Buys / 7 Holds / 0 Sells)
UK
Allianz Technology Trust
Beazley
US
None
UK
Diploma
US
None
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 18th May 2023:
Bunzl
GSK
Shell
Unilever
Pershing Square Holdings
UK 250 companies going ex-dividend on 18th May 2023:
PageGroup
Virgin Money UK
BlackRock Smaller Companies Trust
Balfour Beatty
UK Commercial Property REIT
Octopus Renewables Infrastructure Trust
Spectris
Murray Income Trust
Witan Investment Trust
Essentra
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