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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| OCADO GROUP PLC | 1,512.5 | 5.7% |
| VODAFONE GROUP PLC | 132.3 | 3.4% |
| BARRATT DEVELOPMENTS PLC | 629.4 | 2.6% |
| NATWEST GROUP PLC | 252.5 | 2.4% |
| AUTO TRADER GROUP PLC | 692.0 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| ANTOFAGASTA PLC | 1284.0 | -5.7% |
| INTL CONSOLIDATED AIRLINE-DI | 156.9 | -2.2% |
| FRESNILLO PLC | 636.8 | -2.0% |
| INTERCONTINENTAL HOTELS GROU | 4875.0 | -1.9% |
| ROLLS-ROYCE HOLDINGS PLC | 115.2 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,583 | 0.6% | 16.4% |
| DOW JONES INDUS. AVG | 35,568 | 0.5% | 15.9% |
| DAX INDEX | 15,614 | 0.0% | 12.9% |
| NIKKEI 225 | 27,534 | 1.7% | -3.9% |
| S&P/ASX 200 INDEX | 7,088 | 1.2% | 3.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 88.17 | -0.03% |
| Brent Crude (ICE) | USD/bbl. | 89.32 | 0.18% |
| Gold Spot | USD/t oz. | 1,808 | 0.4% |
| Copper (Comex) | USd/lb. | 448 | 1.1% |
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The UK 100 is called to open -6 points today at 7577. A cautious start is expected this morning on what is set to be a huge news day for investors as the Bank of England is expected to raise interest rates for the second month running, the first time that has happened since 2004. A 0.25% hike to 0.5% is the City’s prediction plus some change in the current quantitative easing programme. On Wall Street yesterday, The Dow jumped more than 200 points, while the S&P 500 and Nasdaq advanced 0.9% and 0.5%, respectively. Those gains were driven by a jump in tech shares, which were led by a 7.3% rally in Alphabet shares. However after the bell, Shares of Facebook-parent Meta Platforms plunged more than 21% after the company's quarterly profit fell short of expectations. The company also issued weaker-than-expected revenue guidance for the current quarter. Shares were mixed in Asia on Thursday as the latest batch of company earnings reports kept investors in a buying mood, driving gains on Wall Street. Markets in China remained closed for Lunar New Year holidays. Tokyo’s Nikkei 225 index gave up 1.1% while Sydney’s S&P/ASX 200 fell 0.4%. Seoul’s Kospi however jumped 2.4%.
BT Group has entered into exclusive discussions with Discovery to create a joint venture with BT Sport and Eurosport. Their trading update for the nine months to end-December showed that revenue had fallen 2% to £15.68bn, with decline in global and enterprise partly offset by growth in Openreach.
Compass Group report that their Q1 revenue has reached 97% of its pre-pandemic levels, largely boosted by new business and strong client retention. They posted growth in organic revenue of 38.6%.
De La Rue signs a 5-year contract with Oman tax authority for digital tax stamp solution.
Glencore and electric vehicle battery start-up Britishvolt will jointly develop a new UK battery recycling plant that will help reuse expensive key raw m like cobalt and lithium.
Playtech: Aristocrat Leisure's bid for Playtech has fallen through after shareholders rejected the £2.1bn offer.
Shell swings to a 2021 pretax profit of $29.83bn (from a $26.97bn loss) as their Q4 pretax profit jumped YoY to $16.27bn from $1.19bn. They have increased their FY dividend by 37% to USD0.8935 per share as they increased buybacks to $8.5bn.
Goldman Sachs Downgrades Bunzl to Sell from Neutral (6 Buys / 8 Holds / 3 Sells)
Peel Hunt Upgrades Trainline to Buy from Hold (4 Buys 5 Holds / 0 Sells)
Severn Trent
Vodafone Group
BT Group
Compass Group
Cranswick
Renishaw
Shell
German Markit PMI Composite
EU Markit PMI Composite
UK Bank of England Minutes
BoE Interest Rate Decision
UK Monetary Policy Summary
BoE's Governor Bailey speech
ECB Deposit Rate Decision
ECB Interest Rate Decision
US Initial Jobless Claims
ECB Press Conference
US ISM Services PMI
FTSE 100:
FTSE 250:
GCP Infrastructure Investments
Edinburgh Investment Trust
IG Group Holdings
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