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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| DCC PLC | 4,875.0 | 3.8% |
| Ashtead Group PLC | 4,634.0 | 2.5% |
| Glencore PLC | 483.6 | 2.4% |
| Barratt Developments PLC | 467.1 | 2.1% |
| Antofagasta PLC | 1,580.5 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| International Consolidated Airlines Group S.A. | 144.2 | -4.0% |
| Flutter Entertainment PLC | 14785.0 | -2.8% |
| Ocado Group PLC | 510.0 | -2.7% |
| Fresnillo PLC | 785.2 | -2.6% |
| Endeavour Mining PLC | 2122.0 | -2.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,825 | 0.5% | 3.2% |
| DOW JONES INDUS. AVG | 33,647 | -0.1% | -2.7% |
| DAX INDEX | 15,704 | 0.3% | 11.6% |
| NIKKEI 225 | 28,154 | 0.3% | 4.9% |
| S&P/ASX 200 INDEX | 7,313 | -0.4% | -2.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 82.97 | -0.35% |
| Brent Crude (ICE) | USD/bbl. | 86.99 | -0.39% |
| Gold Spot | USD/t oz. | 2,016 | 0.1% |
| Copper (Comex) | USd/lb. | 406 | -0.6% |
Click graph to enlarge
The UK 100 called to open +2 points at 7822. UK 100 is set to open flat on Thursday, as investors digest sticky US core inflation and warnings of a recession in the world’s largest economy. Wall Street ended lower with the Dow closing -0.1%, S&P -0.4% and Nasdaq -0.9%. In Asia the Nikkei closed +0.3%, Shanghai -0.3% and Hong Kong -0.7%.
BHP Group state their $6.44bn takeover of Oz Minerals Ltd has inched closer after Oz shareholders approved the offer.
Imperial Brands expects their H1 adjusted operating profit to be similar to a year ago.
Darktrace reports FY23 revenue of $139.2m, up 28% YoY. They state that their EBITDA margin for Q3 is at or above top end of 16-18.5% guidance. They have upped their expectations for FY23 adjusted EBITDA margin to at or around 19%.
PZ Cussons expects their FY23 adjusted pretax profit to be at least in line with market estimates.
Tesco have forecast flat profit in its new financial year as it reported a 6.3% fall for 2022-23, hurt by not passing on to consumers the full rise in the cost of inflation it had faced. They reported a retail adjusted operating profit of £2.49bn in the year to Feb 25th, versus guidance of £2.4-2.5bn and the £2.65bn made in 2021-22.
XP Power report Q1 revenues of £77.9m, up 26% YoY from £61.8m. Their Q1 orders were £61.2m, down 40% from £102.4m YoY.
Berenberg Downgrades Industrials REIT to Hold from Buy (1 Buy / 2 Holds / 0 Sells)
UK
Discoverie
Tesco
US
Delta Air Lines
UK
Hays
US
BlackRock
Citigroup Inc
JPMorgan Chase & Co
UnitedHealth Group
US IMF Meeting
Chinese Trade Balance USD
UK Gross Domestic Product
UK Industrial Production
German Harmonized Index of Consumer Prices
Chinese FDI - Foreign Direct Investment
EU Industrial Production s.a.
UK NIESR GDP Estimate
ECB Monetary Policy Meeting Accounts
US Initial Jobless Claims
US Producer Price Index ex Food & Energy
BoE's Pill speech
UK 100 companies going ex-dividend on 13th April 2023:
Persimmon
Lloyds Banking Group
Smurfit Kappa Group
Unite Group
UK 250 companies going ex-dividend on 13th April 2023:
TP ICAP Group
National Express Group
ITV
Harbour Energy
Grafton Group
Rotork
Just Group
Softcat
Balanced Commercial Property Trust
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