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 |
| Airtel Africa PLC | 115.1 | 3% |
| Beazley PLC | 604 | 2.9% |
| JD Sports Fashion PLC | 173.2 | 2.7% |
| Persimmon PLC | 1337.5 | 2.5% |
| Compass Group PLC | 2157 | 2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| British Land PLC | 371.1 | -2.8% |
| Ocado Group PLC | 441.4 | -2.5% |
| Diageo PLC | 3534.5 | -2.3% |
| Prudential PLC | 1156 | -2.1% |
| Land Securities Group PLC | 614.4 | -1.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,754 | 0.3% | 7.2% |
| DOW JONES INDUS. AVG | 33,300 | 0% | 4.4% |
| DAX INDEX | 15,913 | 0.5% | 17.9% |
| NIKKEI 225 | 29,604 | 0.7% | 11.3% |
| S&P/ASX 200 INDEX | 7,263 | 0.1% | 2.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 69.9 | -0.1% |
| Brent Crude (ICE) | USD/bbl. | 74.03 | -0.2% |
| Gold Spot | USD/t oz. | 2,020 | 0.1% |
| Copper (Comex) | USd/lb. | 373.6 | 0.2% |
The UK 100 called to open +32 points at 7784. UK 100 is set to edge into the green at Monday’s open, as caution prevails amidst unease about debt ceiling discussions in the US. On Friday Wall Street ended mostly lower with the Dow flat, S&P -0.2% and Nasdaq -0.4%. In Asia on Monday equities were trading in the green as Nikkei +0.7%, Shanghai marginally higher and Hong Kong +1.2%.
British American Tobacco appoints finance director Tadeu Marroco as CEO effective today.
Currys guides FY adjusted pretax profit of £110-120m, up from £104m previously.
Diploma sees FY organic revenue growth of about 7% for FY and they expect their FY operating margin to be at the top end of their previously guided range of around 19%.
Fresnillo says Herruda operations “temporarily suspended” due to “illegal” work stoppage. Their 2023 guidance is unchanged, as the stoppage ended with no material impact expected.
HSBC aims for high single-digit percentage revenue growth in Asia Wealth in medium-term.
JP Morgan places JD Sports Fashion on “positive catalyst watch” (7 Buys / 1 Hold / 0 Sells)
UK
Diploma
US
None
UK
Britvic
DCC
Imperial Brands
Land Securities Group
Vodafone Group
US
The Home Depot
Eurogroup Meeting
BoE Monetary Policy Report Hearings
European Commission releases Economic Growth Forecasts
EU Industrial Production s.a.
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
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.