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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| DCC PLC | 4785 | 2.8% |
| Land Securities Group PLC | 634.6 | 2.3% |
| Rolls-Royce Group PLC | 148.15 | 2.1% |
| Centrica PLC | 119.65 | 1.8% |
| Compass Group PLC | 2200 | 1.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Vodafone Group PLC | 83.33 | -7.4% |
| Ocado Group PLC | 414.2 | -3.9% |
| Kingfisher PLC | 242.3 | -3% |
| JD Sports Fashion PLC | 170.25 | -2.5% |
| Admiral Group PLC | 2193 | -2.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,751 | -0.3% | 3.1% |
| DOW JONES INDUS. AVG | 33,012 | -1% | 1.1% |
| DAX INDEX | 15,897 | -0.1% | 12% |
| NIKKEI 225 | 30,082 | 0.8% | 12.6% |
| S&P/ASX 200 INDEX | 7,201 | -0.4% | 1.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.43 | -0.43% |
| Brent Crude (ICE) | USD/bbl. | 74.47 | -0.44% |
| Gold Spot | USD/t oz. | 1,988 | -0.64% |
| Copper (Comex) | USd/lb. | 365.75 | -0.95% |
Click graph to enlarge
The UK 100 called to open -24 points at 7,724. UK 100 is set to open lower on Wednesday as negotiations over the US debt ceiling make little headway. In the US Wall Street ended mixed on Tuesday with Dow closing -1.0%, S&P -0.6% and Nasdaq +0.2%. In Asia the Nikkei closed +0.8% after reaching a 33-year high, Shanghai -0.6% and Hong Kong -1.1%.
AstraZeneca says Tagrisso plus chemotherapy is effective vs EGFR-mutate advanced lung cancer.
Anglo American says De Beers 4th sales cycle sales value is $480m, down from $604m YoY. They state that sales have been hurt by economic uncertainty, slow China recovery.
British Land reported a drop in its property valuations, as elevated levels of interest rates and broader economic worries dented sentiment in the commercial real estate sector.
Experian reports that they expect their annual organic revenue to grow between 4-6% on the back of steady demand from businesses and consumers. They posted organic revenue growth of 7% for the year ended March 31st.
JD Sports Fashion expect their profit to exceed £1bn for the first time this year as its offer of trainers, joggers and hoodies continue to chime with young shoppers. They reported a profit before tax for the year ended Jan 28th of £991.4m, a record result that was ahead of guidance and up from £947.2m in 2021/22. For 2023/24 they have forecast £1.03bn, in line with current average consensus expectations.
Mitchells & Butlers state they are optimistic for the future due to strong trading.
Sage Group have upgraded their FY organic recurring revenue growth forecast to around 11% after a strong H1. They had previously expected growth to be above the 9% level achieved in its last financial year.
Watches of Switzerland reports FY revenue of £1,543m.
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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
UK
BT Group
Burberry Group
Helios Towers
Investec
National Grid
Premier Foods
easyJet
US
Walmart
Applied Materials
Japanese Industrial Production
EU Core Harmonized Index of Consumer Prices
German 10-y Bond Auction
BoE's Governor Bailey speech
US Building Permits
US Housing Starts
Japanese Merchandise Trade Balance Total
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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