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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BAE SYSTEMS PLC | 631.8 | 5.2% |
| FRESNILLO PLC | 715.8 | 4.0% |
| DECHRA PHARMACEUTICALS PLC | 3,900.0 | 1.8% |
| ANGLO AMERICAN PLC | 3,595.0 | 1.8% |
| HALMA PLC | 2,255.0 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| POLYMETAL INTERNATIONAL PLC | 682.4 | -37.8% |
| EVRAZ PLC | 171.3 | -30.4% |
| ROLLS-ROYCE HOLDINGS PLC | 102.4 | -13.0% |
| WPP PLC | 1034.0 | -12.1% |
| MONDI PLC | 1684.0 | -11.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,207 | -3.9% | 8.4% |
| DOW JONES INDUS. AVG | 33,224 | 0.3% | 4.0% |
| DAX INDEX | 14,052 | -4.0% | 0.5% |
| NIKKEI 225 | 26,477 | 2.0% | -12.2% |
| S&P/ASX 200 INDEX | 6,998 | 0.1% | 2.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 94.92 | 2.27% |
| Brent Crude (ICE) | USD/bbl. | 101.54 | 2.48% |
| Gold Spot | USD/t oz. | 1,917 | 0.7% |
| Copper (Comex) | USd/lb. | 450 | 0.8% |
The UK 100 is called to open +90 points today at 7297. Calls for a positive open and bounce from yesterdays drop, come after US markets advanced yesterday in the wake of a round of sanctions against Russia, US markets ended the day in positive territory after a weak opening, with the Dow Jones advancing 92 points to 33,224 having swung 1000 points from low to high during the session, the S&P also climbed 63 points to 4,289, having also been significantly off during early trading. Asian shares recovered on Friday after investors followed the lead from Wall Street, Some analysts have said the sanctions by the US, Europe and several other countries were not as strong as investors had feared. Japan’s Nikkei 225 surged 1.95% and South Korea’s Kospi rose 1.06%. The Shanghai Composite in China gained 0.49% while Hong Kong’s Hang Seng index dipped 0.65%.
Airtel Africa considers the sale of its tower assets in Chad and Gabon to Helios Towers.
Babcock reaffirms that FY22 will be significantly negative after material cash outflows.
Evraz reported a 2021 pretax profit of $4.18bn (2020: $1.3bn) as they expect the demerger of their coal business to be completed in late March.
IAG says it expects passenger capacity to grow by 85% of pre-pandemic levels and a return to profitability in 2022 after a collapse in 2021 capacity to just 36% of the 2019 level led to a 2.97bn euro net loss (2020: 4.39bn euro loss). They expect to report a significant quarterly operating loss in Q1 2022 but to be profitable from the second quarter.
Imperial Brands has suspended operations in Ukraine after Russia launched an invasion of the country.
Pearson says they expect to post an 8% rise in 2022 adjusted operating profit after strong demand for assessment and qualification helped it to enjoy a strong end to the year. They reported a 2021 profit of £385m and said it saw further revenue growth in 2022 and profit in line with current market expectations of £416m.
Rightmove expects transaction levels to return to pre-pandemic levels this year, dispelling concerns about a slowdown driven by rising inflation and a higher cost of living. Operating profit for the year ended Dec 31st was £226.1m (2020: £135.1m).
JP Morgan Upgrades BAE Systems to Neutral from Underweight (9 Buys / 7 Holds / 0 Sells)
RBC Upgrades BP to Outperform from Sector Perform (9 Buys / 8 Holds / 0 Sells)
Evraz
Grafton Group*
Greencoat UK Wind
IMI
International Consolidated Airlines
Jupiter Fund Management
Pearson
Rightmove
Associated British Foods
Bunzl
Harbour Energy*
UK GfK Consumer Confidence
German Gross Domestic Product
EU Business Climate
EU Consumer Confidence
US Durable Goods Orders
US Nondefense Capital Goods Orders ex Aircraft
US Personal Spending
FTSE 100:
Dechra Pharmaceuticals
Hargreaves Lansdown
Barclays
FTSE 250:
Diversified Energy Company
Safestore Holdings
Ashmore Group
Scottish American Investment Company
Personal Assets Trust
HICL Infrastructure
Hays
Genus
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