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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| SAINSBURY (J) PLC | 254.7 | 2.4% |
| OCADO GROUP PLC | 2,226.0 | 2.1% |
| B&M EUROPEAN VALUE RETAIL SA | 568.6 | 1.8% |
| UNITED UTILITIES GROUP PLC | 973.4 | 1.7% |
| KINGFISHER PLC | 360.7 | 1.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| MELROSE INDUSTRIES PLC | 170.6 | -4.6% |
| FLUTTER ENTERTAINMENT PLC-DI | 15160.0 | -3.4% |
| PERSHING SQUARE HOLDINGS LTD | 2710.0 | -2.9% |
| EVRAZ PLC | 620.6 | -2.5% |
| SCOTTISH MORTGAGE INV TR PLC | 1216.0 | -2.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,000 | -0.3% | 20.4% |
| DOW JONES INDUS. AVG | 34,078 | -0.4% | 44.1% |
| DAX INDEX | 15,368 | -0.6% | 44.6% |
| NIKKEI 225 | 29,100 | -2.0% | 48.0% |
| S&P/ASX 200 INDEX | 7,018 | -0.7% | 31.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 64.08 | 1.10% |
| Brent Crude (ICE) | USD/bbl. | 67.78 | 1.09% |
| Gold Spot | USD/t oz. | 1,768 | -0.2% |
| Copper (Comex) | USd/lb. | 428 | 0.9% |
Click graph to enlarge
UK 100 is called to open -4 points this morning at 6996. A quieter start is expected this morning as investors await todays UK unemployment figures as the UK blue-chip index continues to test 7000. Stateside yesterday saw tech stocks lower, leading to the Nasdaq lower by 1%, the S&P 500 pulled back 0.5% and the Dow Jones dipped by 0.3% as banks, energy companies and various consume-facing companies also lost ground. Asian markets were mixed overnight, with Tokyo’s Nikkei down more than 2% but Hong Kong’s Hang Seng and the Shanghai Composite both ended the session in the green.
Associated British Foods reported a halving in H1 profit, hurt by COVID-19 lockdowns which shuttered its Primark fashion stores. The made an adjusted profit before tax of £319m (2020: £636m). Group revenue fell 17% to £6.3bn driven by the loss of retail sales because of the trading restrictions placed on Primark.
Avast sees Q1 sales increase 11% to $237.1m (2020: $214.6m) in line with expectations. EBITDA also increased 10% to $133.7m resulting in margin of 56%. They expect FY revenue growth to be at the upper end of 6-8% guided range.
Hammerson have appointed Himanshu Raja as its new CFO replacing James Lenton who is resigning this month. They are encouraged by a recovery in footfalls at its malls in England as the country lifted some coronavirus-related restrictions this month. Around 40% of Q2 rent due has been received to date at group level.
Moneysupermarket.com reports that their Q1 revenue came in at £85.5m, down 20% from £107.3m the year before. They expect FY results to be "in line with market expectations".
Petropavlovsk says Q1 gold output was down 48% YoY to 95,600 oz from 186,200 oz.
No new updates this morning
Associated British Foods (ABF)
Avast
Jupiter Fund Manager
Moneysupermarket.com
Antofagasta
Bunzl
Hochschild Mining
Polymetal International
Quilter
PBoC Interest Rate Decision
UK Claimant Count Change
UK ILO Unemployment Rate
ECB Bank Lending Survey
German Producer Price Index
UK Average Earnings Excluding Bonus
UK 100:
Glencore
Bae Systems
Fresnillo
Spirax-Sarco Engineering
Antofagasta
UK 250:
Drax Group
Aggreko
Rathbone Brothers
Essentra
Bodycote
Genuit Group
Sabre Insurance Group
JPMorgan American Investment Trust
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