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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| M&G PLC | 211.3 | 7.0% |
| Rolls-Royce Holdings PLC | 136.0 | 2.2% |
| Bae Systems PLC | 917.8 | 1.8% |
| Airtel Africa PLC | 123.6 | 1.5% |
| Frasers Group PLC | 795.0 | 1.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| International Consolidated Airlines Group S.A. | 154.8 | -6.5% |
| Flutter Entertainment PLC | 13,065.0 | -6.2% |
| Anglo American PLC | 2,846.0 | -5.4% |
| Ocado Group PLC | 611.2 | -4.2% |
| Entain PLC | 1,306.5 | -3.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,879 | -0.4% | 5.2% |
| DOW JONES INDUS. AVG | 32,817 | -1.0% | -3.7% |
| DAX INDEX | 15,210 | -1.7% | 4.4% |
| NIKKEI 225 | 27,424 | -0.1% | 3.6% |
| S&P/ASX 200 INDEX | 7,225 | -1.1% | 3.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.04 | -0.37% |
| Brent Crude (ICE) | USD/bbl. | 82.79 | -0.44% |
| Gold Spot | USD/t oz. | 1,811 | 0.0% |
| Copper (Comex) | USd/lb. | 394 | -0.3% |
Click graph to enlarge
The UK 100 called to open +43 points at 7921. The UK 100 is expected to start the week in brighter fashion recouping some of Friday’s losses. This comes after Fridays difficult session saw the Dow Jones finish down 337 points at 32,817, the Nasdaq lose 195 points to close the session at 11,395 and the S&P fall 42 points to close out the week at 3,970. The small-cap Russell 2000 index declined 24 points to round off an all red session at 1,884. In Asia this morning, the Nikkei index closed down 0.1%. In China, the Shanghai Composite was down 0.4%, while the Hang Seng index in Hong Kong was down 0.7%.
Associated British Foods have said their FY 2022-23 expectations have been improved, with adjusted operating profit and adjusted earnings per share now expected to be broadly in line with the previous financial year.
Bunzl posted higher annual profit, aided by string demand for its low-priced products amid inflationary concerns, as well as acquisitions it made last year. They reported an adjusted profit before tax for the year ended Dec 31st of £818m, up 17.2% YoY.
Dechra Pharmaceuticals reported a H1 FY23 pretax profit of £29.7m, down £53.4m YoY. They state that trading patterns at the start of 2023 have been unpredictable in the US. They expect their FY23 underlying operating profit to be at the lower end of market estimates.
Senior sees strong growth for the group in 2023, in line with expectations.
Citi Group Downgrades Hargreaves Lansdown to Sell (7 Buys / 7 Holds / 3 Sells)
Deutsche Bank Upgrades Trainline to Buy from Hold (5 Buys / 4 Holds / 0 Sells)
Goldman Sachs Upgrades Shell to Buy from Neutral (9 Buys / 4 Holds / 2 Sells)
HSBC Upgrades Rightmove to Hold (8 Buys / 7 Holds / 4 Sells)
Peel Hunt Downgrades Howden Joinery Group to Add from Buy (12 Buys / 2 Holds / 0 Sells)
UK
Bunzl
Dechra Pharmaceuticals
US
Viatris
Zoom Video Communications
UK
Intertek
Morgan Advanced Materials
Ocado Group
Rotork
Senior
St James Place
UNITE Group
abrdn
US
AMC Entertainment
HP
Occidental Petroleum
Rivian Automotive
Virgin Galactic
BoJ Governor Nominee Ueda speech
EU Business Climate
EU Consumer Confidence
US Durable Goods Orders
US Nondefense Capital Goods Orders ex Aircraft
US Pending Home Sales
Japanese Industrial Production
Japanese Retail Trade
UK 100 companies going ex-dividend on 2nd March 2023:
Diageo
Hargreaves Lansdown
HSBC Holdings
Berkeley Group Holdings
UK 250 companies going ex-dividend on 2nd March 2023:
Diversified Energy Company
Safestore Holdings
Capital & Counties Properties
Ashmore Group
Scottish American Investment Company
JPMorgan Global Growth & Income
Personal Assets Trust
Ruffer Investment Company
HICL Infrastructure
Genus
Hays
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