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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BP PLC | 387.9 | 4.5% |
| SHELL PLC | 2,085.0 | 3.9% |
| OCADO GROUP PLC | 1,124.0 | 3.5% |
| ELECTROCOMPONENTS PLC | 1,060.0 | 2.8% |
| ENDEAVOUR MINING PLC | 1,900.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| RECKITT BENCKISER GROUP PLC | 5619.0 | -4.5% |
| ROYAL MAIL PLC | 354.6 | -4.4% |
| KINGFISHER PLC | 261.6 | -4.1% |
| BARRATT DEVELOPMENTS PLC | 536.6 | -4.1% |
| TAYLOR WIMPEY PLC | 138.6 | -4.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,461 | -0.2% | 11.4% |
| DOW JONES INDUS. AVG | 34,359 | -1.3% | 6.0% |
| DAX INDEX | 14,284 | -1.3% | -2.6% |
| NIKKEI 225 | 28,040 | 3.0% | -1.3% |
| S&P/ASX 200 INDEX | 7,378 | 0.5% | 8.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 114.29 | 4.59% |
| Brent Crude (ICE) | USD/bbl. | 121.25 | 5.00% |
| Gold Spot | USD/t oz. | 1,945 | 0.0% |
| Copper (Comex) | USd/lb. | 478 | 1.7% |
Click graph to enlarge
The UK 100 is called to open +10 points at 7470. The UK 100 looks set for a modestly higher open today, as investors further digest yesterdays mini budget. It was a tough session stateside on Wednesday, markets weakened after the hawkish tone of recent statements from Fed chair Jerome Powell concerning interest rates. Asian markets were mixed towards the end of trading with Japan ahead but Hong Kong still overhung by the uncertainty over the Evergrande situation.
AstraZeneca says Imfinzi phase III trial with CRT did not meet primary endpoint.
Games Workshop says trading in 3 months to end of February was in line with expectations as they declare a dividend of 70p per share.
Next FY pretax profit jumps to £823.1m, +10% vs pre-Covid as they return to a normal dividend cycle in the year ahead. They have lowered their FY sales outlook by £85m and profit guidance by £10m amid closure of Russia and Ukraine websites. They expect a 5% full price sales growth and 3.3% pretax profit rise to £850m.
Playtech's 2021 revenue rises 12% to 1.21bn euros as their profit jumps to 605m euros (2020: 120.4m euros). They have had an "excellent" start to 2022 with strong showing from their B2B and B2C arms.
Tullow Oil appoints EnQuest CFO, Jonathan Swinney, as their new CFO.
XP Power have been ordered to pay Comet $40m in damages. They do not agree with the legal outcome and are considering their next steps.
Deutsche Bank Downgrades IAG to Hold from Buy (8 Buys / 8 Holds / 0 Sells)
Deutsche Bank Downgrades Wizz Air to Hold from Buy (6 Buys / 9 Holds / 4 Sells)
Jefferies Downgrades Drax to Hold from Buy (3 Buys / 3 Holds / 0 Sells)
JP Morgan Upgrades British American Tobacco to Overweight from Neutral (11 Buys / 3 Holds / 0 Sells)
Next
Smiths Group
German Markit Manufacturing PMI
EU Economic Bulletin
UK Markit PMI Composite
EU Markit Services PMI
US Durable Goods Orders
US Initial Jobless Claims
US Nondefense Capital Goods Orders ex Aircraft
US Markit Services PMI
FTSE 100:
Schroders
British American Tobacco
Pearson
Prudential
Ferguson
FTSE 250:
OSB Group
CLS Holdings
Close Brothers Group
Greggs
XP Power
Volution Group
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