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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| 3i Group PLC | 1876 | 2.6% |
| Centrica PLC | 117.5 | 2.4% |
| Segro PLC | 820.6 | 2% |
| HSBC PLC | 611 | 1.8% |
| Anglo American PLC | 2380 | 1.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 431 | -2.3% |
| Rolls-Royce Group PLC | 145.1 | -2.1% |
| DCC PLC | 4654 | -1.3% |
| London Stock Exchange Group PLC | 8456 | -1.1% |
| Tesco PLC | 273.2 | -0.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,777 | +0.3% | 4.1% |
| DOW JONES INDUS. AVG | 33,348 | +0.1% | 3.4% |
| DAX INDEX | 15,917 | 0.0% | 13.9% |
| NIKKEI 225 | 29,844 | 0.7% | 12.3% |
| S&P/ASX 200 INDEX | 7,240 | -0.3% | 2.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 71.25 | 0.2% |
| Brent Crude (ICE) | USD/bbl. | 75.41 | 0.2% |
| Gold Spot | USD/t oz. | 2,012 | -0.2% |
| Copper (Comex) | USd/lb. | 371.2 | -1.0% |
Click graph to enlarge
The UK 100 called to open -10 points at 7766. UK 100 is set to open slightly lower on Tuesday as critical US debt talks resume and Chinese economic data missed overnight. Wall Street ended higher on Monday with the Dow +0.1%, S&P +0.3% and Nasdaq +0.7%. In Asia the Nikkei closed +0.7%, Shanghai -0.3% and Hong Kong +0.1%.
Boohoo reported a halving of annual core earnings as shoppers were squeezed by a cost-of-living crisis and returned to physical stores post-pandemic. Their EBITDA came in at £63.3m in the year to Feb 28th, slightly ahead of analysts’ consensus forecast of £62.1m, but down from the £125.1m made in 2021-22. For 2023/24 they have forecast £69-78m, in line with market expectations.
Greggs posted underlying sales growth of 15.7% in the 10 weeks to May 13th and said it was on track to meet annual guidance.
Imperial Brands reported a rise in HY profit, as higher cigarette prices helped the company offset the impact of its Russia exit and lower volumes. Their operating profit rose to £1.53bn in the six months ended March 31st, from £1.2bn a year earlier.
Land Securities swung to an annual loss as surging interest rates and broader economic worries weighed on the valuation of properties.
Vodafone plans to cut 11,000 jobs over three years to simplify the telecoms group, which “must change” according to new boss Margherita Della Valle as they forecast little or no growth in earnings for the new financial year.
RBC Upgrades Associated British Foods to Outperform from Sector Perform (4 Buys / 13 Holds / 0 Sells)
UK
Britvic
DCC
Imperial Brands
Land Securities Group
Vodafone Group
US
The Home Depot
UK
Auction Technology Group
Bank of Georgia Group
British Land
Experian
Ninety One
Sage Group
Watches of Switzerland Group
US
Cisco Systems
Take-Two Interactive Software
Chinese Industrial Production
Chinese Retail Sales
UK Claimant Count Change
UK ILO Unemployment Rate
EcoFin Meeting
EU Gross Domestic Product s.a.
EU ZEW Survey – Economic Sentiment
German ZEW Survey – Current Situation
US Retail Sales
Japanese Gross Domestic Product
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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