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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Anglo American PLC | 3,326.5 | 3.7% |
| Frasers Group PLC | 797.0 | 3.6% |
| Rio Tinto PLC | 6,295.4 | 3.2% |
| Hargreaves Lansdown PLC | 874.4 | 2.4% |
| Taylor Wimpey PLC | 123.1 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Smith (Ds) PLC | 336.4 | -4.8% |
| International Consolidated Airlines Group S.A. | 162.9 | -2.6% |
| Centrica PLC | 103.1 | -1.9% |
| Smurfit Kappa Group PLC | 3,192.0 | -1.4% |
| Airtel Africa PLC | 126.8 | -1.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,013 | 0.1% | 6.7% |
| DOW JONES INDUS. AVG | 33,827 | 0.4% | -0.7% |
| DAX INDEX | 15,478 | 0.0% | 3.0% |
| NIKKEI 225 | 27,532 | 0.1% | 2.3% |
| S&P/ASX 200 INDEX | 7,352 | 0.1% | 1.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.72 | 0.50% |
| Brent Crude (ICE) | USD/bbl. | 83.43 | 0.52% |
| Gold Spot | USD/t oz. | 1,844 | 0.1% |
| Copper (Comex) | USd/lb. | 417 | 1.5% |
Click graph to enlarge
The UK 100 called to open -17 points at 7997. The UK 100 looks set to open on the back foot ahead of the latest UK borrowing numbers and a raft of PMI figures. The US will reopen today after yesterday’s Presidents Day bank holiday. Data this morning, showed Public borrowing in the UK, year to date is £30.6bn less than predicted by the Office for Budget Responsibility (OBR).
Antofagasta reported a 39% fall in FY profit, as high input costs, reduced copper grades and a drought in Chile hit its copper production. They reported a group EBITDA for 2022 of $2.9bn, compared with $4.84bn in 2021.
BHP report a H1 pretax profit of $10.18bn, down 30% YoY from $14.49bn.
HSBC reported a better-than-expected 92% surge in quarterly profit as rising interest rates swelled its net interest income. They intend to pay a special dividend of $0.21 per share, as a priority use of the proceeds from the $10bn sales of its Canada business, once that disposal is complete later this year. They have taken a $300m loss on the sale of their Russian business, which is on track to be completed in H1 2023.
IHG reported higher FY profit helped by strong occupancy demand during the holidays and higher room prices, as they intend to buyback shares to return an additional $750m in 2023. FY operating profit rose 55% to $828m, while revenue per available room in H2 exceeded pre-pandemic levels in 2019.
Smith & Nephew sees FY adjusted revenue growth of 5-6%, with a FY operating profit of $450m.
Berenberg Upgrades Howden Joinery to Buy from Hold (11 Buys / 3 Holds / 0 Sells)
RPT/Barclays Downgrades Wizz Air to Underweight from Overweight (8 Buys / 5 Holds / 2 Sells)
RPT/Goldman Sachs Upgrades JD Sports to ‘Conviction Buy List’ (7 Buys / 1 Hold / 0 Sells)
UK
Antofagasta
HSBC Holdings
Smith & Nephew
US
Medtronic
The Home Depot
Walmart
Coinbase Global
Palo Alto Networks
UK
Lloyds Banking Group
Primary Health Properties
Rio Tinto
The Renewables Infrastructure Group
US
Fiverr International
Etsy
Lucid Group
NVIDIA
Teladoc Health
Unity Software
Virgin Galactic
German S&P Global/BME Composite PMI
German S&P Global/BME Manufacturing PMI
German S&P Global/BME Services PMI
EU S&P Global Composite PMI
EU S&P Global Manufacturing PMI
EU S&P Global Services PMI
UK S&P Global/CIPS Composite PMI
UK S&P Global/CIPS Manufacturing PMI
UK S&P Global/CIPS Services PMI
EU ZEW Survey – Economic Sentiment
German ZEW Survey – Current Situation
German ZEW Survey – Economic Sentiment
US S&P Global Composite PMI
US S&P Global Manufacturing PMI
US S&P Global Services PMI
UK 100 companies going ex-dividend on 23rd February 2023:
Barclays
Endeavour Mining
Standard Chartered
Astrazeneca
Land Securities Group
GSK
Unilever
UK 250 companies going ex-dividend on 23rd February 2023:
BBGI Global Infrastructure S.A.
Redrow
Plus500
BlackRock Throgmorton Trust
Witan Investment Trust
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