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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Melrose Industries PLC | 488p | 4.4% |
| Rolls-Royce Group PLC | 152.85 | 3.1% |
| Sage Group (The) PLC | 842.8 | 2.6% |
| International Consolidated Airlines Group SA | 159.25 | 2.2% |
| Antofagasta PLC | 1426.5 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| British Land Co PLC | 356.5 | -5.6% |
| Croda International PLC | 6342 | -5% |
| JD Sports Fashion PLC | 163 | -4.2% |
| London Stock Exchange Group PLC | 8244 | -2.6% |
| Mondi PLC | 1267.5 | -2.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,723 | -0.3% | 3.8% |
| DOW JONES INDUS. AVG | 33,420 | 1.2% | 6% |
| DAX INDEX | 15,951 | 0.3% | 13.8% |
| NIKKEI 225 | 30,595 | 1.6% | 13.4% |
| S&P/ASX 200 INDEX | 7,231 | 0.4% | 0.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 72.39 | -0.60% |
| Brent Crude (ICE) | USD/bbl. | 76.50 | -0.60% |
| Gold Spot | USD/t oz. | 1,977 | -0.21% |
| Copper (Comex) | USd/lb. | 373.2 | -0.60% |
Click graph to enlarge
The UK 100 called to open +36 points at 7,745. UK 100 is called to open higher on Thursday, after a strong performance on Wall Street carried through to Asia, with investors encouraged by progress on debt ceiling discussions. The US closed higher with the Dow +1.2%, S&P +1.2% and Nasdaq +1.3%. In Asia the Nikkei closed +1.7%, Shanghai +0.6% and Hong Kong +0.9%.
Aston Martin has received a £234m investment from China’s Geely.
BT Group met market expectations with a 5% rise in FY adjusted core earnings of £7.9bn after growth in networks and consumer offset a decline in enterprise. They expect to grow both revenue and core earnings on a pro forma basis this year.
Burberry reported stronger-than-expected Q4 sales, boosted by a rebound in its largest market China following three years of COVID-19 restrictions. Quarterly comparable sales rose 16%, accelerating from the previous quarter and above a company compiled consensus of 14%.
EasyJet reported a H1 loss in line with its guidance and said that it was confident about the summer season, when it makes all its profit, citing strong bookings and operational resilience.
International Distributions says trading environment is uncertain for Royal Mail and GLS.
National Grid reports a FY23 pretax profit of £3.59bn, up from £3.44bn YoY as they increase their final dividend by 8.8% YoY to 55.44p.
Premier Foods posted stronger annual profit and raised its dividend payout by 20% as the company offset higher input costs with price hikes and cost-cutting measures initiated in the last quarter of the year. They reported a 13% jump in adjusted profit before tax for the year ended April 1st to £137.2m, above expectations of £135m.
Vistry expects an adjusted pretax profit for FY23 in excess of £450m.
Jefferies Upgrades Mitchells & Butlers to Buy from Hold (5 Buys / 7 Holds / 0 Sells)
RPT/CitiGroup Downgrades Marks & Spencer to Neutral from Buy (3 Buys / 14 Holds / 0 Sells)
UK
BT Group
Burberry Group
Helios Towers
Investec
National Grid
Premier Foods
easyJet
US
Walmart
Applied Materials
UK
None
US
Deere & Co
US Initial Jobless Claims
US Philadelphia Fed Manufacturing Survey
UK GfK Consumer Confidence
Japanese National Consumer Price Index
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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