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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Frasers Group PLC | 690.0 | 2.7% |
| B&M European Value Retail S.A. | 471.9 | 2.1% |
| Hargreaves Lansdown PLC | 814.6 | 1.8% |
| Jd Sports Fashion PLC | 153.5 | 1.6% |
| Whitbread PLC | 3,307.0 | 1.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 391.9 | -3.7% |
| Rolls-Royce Holdings PLC | 144.4 | -3.1% |
| Shell PLC | 2,282.0 | -3.0% |
| Unilever PLC | 4,045.0 | -3.0% |
| Johnson Matthey PLC | 1,741.5 | -2.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,522 | -1.4% | -1.1% |
| DOW JONES INDUS. AVG | 33,043 | -0.2% | 0.2% |
| DAX INDEX | 15,909 | -0.3% | 10.6% |
| NIKKEI 225 | 30,888 | -1.4% | 13.2% |
| S&P/ASX 200 INDEX | 7,091 | -1.6% | -1.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 69.33 | -0.19% |
| Brent Crude (ICE) | USD/bbl. | 73.43 | -0.15% |
| Gold Spot | USD/t oz. | 1,962 | 0.2% |
| Copper (Comex) | USd/lb. | 364 | -0.7% |
Click graph to enlarge
The UK 100 called to open -34 points at 7488. The UK 100 looks set to open lower on Wednesday after Asian markets fell after weak manufacturing data in China. In Tokyo, the Nikkei 225 fell 1.7%. In China, the Shanghai composite was down 0.7% while in Hong Kong the Hang Seng tumbled 2.5%. Yesterday on Wall Street, the Dow Jones fell 50.56 points, or 0.2%, to end at 33,042.78. The S&P ended flat at 4,205.52 and the Nasdaq Composite gained 41.74 points or 0.3%, to trade at 13,017.43.
B&M European Value Retail SA have forecast higher 2024 core earnings after reporting an annual profit in line with its expectations. They reported an adjusted core profit of £573m for the year ended March 25th, down 7.4% from last year. They had expected 2023 adjusted EBITDA of between £560-580m.
Bodycote notes “good start” to first four months of 2023, trading ahead of expectations but their FY guidance remains unchanged. They announce that their CEO Stephen Harris will retire next year.
Prudential promotes Ben Bulmer to group CFO replacing James Turner, who resigns over code of conduct probe.
WH Smith says business continues to perform strongly across all key travel markets.
HSBC Upgrades JD Wetherspoon to Buy (3 Buys / 7 Holds / 1 Sell)
HSBC Upgrades Mitchells & Butlers to Buy (6 Buys / 6 Holds / 0 Sells)
JP Morgan places British American Tobacco on ‘negative catalyst watch’ (8 Buys / 4 Holds / 0 Sells)
Numis Downgrades 3i Group to Add from Buy (4 Buys / 1 Hold / 0 Sells)
UK
B&M European Value Retail SA
US
CrowdStrike Holdings
Salesforce
UK
Auto Trader Group
Dr Martens
Pennon Group
US
Asana
Broadcom
ChargePoint Holdings
MongoDB
Zscaler
Chinese NBS Manufacturing PMI
Chinese Non-Manufacturing PMI
German Unemployment Change
EU Financial Stability Review
German Harmonized Index of Consumer Prices
Chicago Purchasing Managers' Index
Fed's Beige Book
UK 100 companies going ex-dividend on 1st June 2023:
National Grid
Severn Trent
Informa
Sage Group
Associated British Foods
Scottish Mortgage Investment Trust
UK 250 companies going ex-dividend on 1st June 2023:
Keller Group
Marshalls
Hilton Food Group
Centamin
Hill & Smith
Great Portland Estates
JLEN Environmental Assets Group
LondonMetric Property
Capital Gearing Trust
Temple Bar Investment Trust
JTC
Law Debenture Corporation
JPMorgan Global Growth & Income
Alliance Trust
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