This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Ocado Group PLC | 524.6 | 9.8% |
| Land Securities Group PLC | 626.2 | 5.0% |
| Sse PLC | 1,811.4 | 4.3% |
| British Land Company PLC | 389.0 | 4.0% |
| Segro PLC | 762.1 | 4.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Phoenix Group Holdings PLC | 545.6 | -3.7% |
| Aviva PLC | 406.4 | -3.3% |
| Abrdn PLC | 202.6 | -2.9% |
| Smith & Nephew PLC | 1,102.1 | -1.6% |
| Taylor Wimpey PLC | 119.4 | -1.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,620 | 0.7% | 0.3% |
| DOW JONES INDUS. AVG | 32,790 | 0.2% | -6.9% |
| DAX INDEX | 15,527 | 1.3% | 6.0% |
| NIKKEI 225 | 27,783 | -0.4% | -0.1% |
| S&P/ASX 200 INDEX | 7,122 | 1.0% | -5.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 74.09 | 1.53% |
| Brent Crude (ICE) | USD/bbl. | 79.14 | 1.10% |
| Gold Spot | USD/t oz. | 1,973 | 0.4% |
| Copper (Comex) | USd/lb. | 408 | -0.1% |
Click graph to enlarge
The UK 100 called to open +2 points at 7622. The UK 100 expected to open marginally higher on Friday after data this morning from the Office for National Statistics showed the UK economy grew marginally in quarter, Gross domestic product (GDP) is estimated to have increased by 0.1% between October and December, revised from a first estimate of no growth. Yesterday In the US stocks made further progress, The Dow Jones jumped 141.43 points, or 0.4% to trade at 32,859.03. The S&P gained 23.02 points, or 0.6% to settle at 4,050.83 and the Nasdaq Composite climbed 87.24 points or 0.7%, to close at 12,013.47. In Asia this morning, the Nikkei 225 index in Tokyo was up 1.0%. the Shanghai Composite added 0.3% and the Hang Seng index in Hong Kong gained 0.6%.
Computacenter report a 2022 pretax profit of £249m, up from £248m YoY. They remain positive about their short, medium and long term performance.
Inchcape are to acquire 70% of equity in existing Mercedes-Benz subsidiaries in Indonesia.
Ocado hails their UK patent legal win against Autostore.
Rolls-Royce hires Helen McCabe from BP to be their new Chief Financial Officer.
Vanquis Banking report a 2022 pretax profit of £110.1m v £142.2m YoY. They state that the positive momentum in Q4 has continued into early 2023.
Barclays Upgrades EasyJet to Overweight from Equal Weight (8 Buys / 4 Holds / 3 Sells)
Barclays Upgrades IAG to Overweight from Equal Weight (9 Buys / 5 Holds / 0 Sells)
Berenberg Downgrades Wood Group to Hold from Buy (4 Buys / 4 Holds / 0 Sells)
Credit Suisse Upgrades Standard Chartered to Neutral from Under Perform (7 Buys / 9 Holds / 0 Sells)
Deutsche Bank Upgrades IAG to Buy from Hold (9 Buys / 5 Holds / 0 Sells)
Exane BNP Upgrades Pearson to Outperform (4 Buys / 6 Holds / 0 Sells)
UK
Computacenter
Vanquis Banking Group
US
None
UK
None
US
None
Chinese NBS Manufacturing PMI
Chinese Non-Manufacturing PMI
UK Gross Domestic Product
German Retail Sales
German Unemployment Change
EU Core Harmonized Index of Consumer Prices
EU Unemployment Rate
US Personal Income
US Personal Spending
Chicago Purchasing Managers' Index
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 6th April 2023:
Barratt Developments
Reckitt Benckiser Group
ConvaTec Group
Rentokil Initial
Smiths Group
F&C Investment Trust
UK 250 companies going ex-dividend on 6th April 2023:
Man Group
Savills
Travis Perkins
International Public Partnerships
Domino's Pizza Group
Howden Joinery Group
Mercantile Investment Trust
Murray International Trust
Games Workshop Group
VinaCapital Vietnam Opportunity Fund
IMI
RIT Capital Partners
Finsbury Growth & Income Trust
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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