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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Standard Chartered PLC | 1,170.0 | 9.6% |
| Glencore PLC | 267.7 | 6.1% |
| Antofagasta PLC | 1,833.5 | 5.8% |
| Anglo American PLC | 2,162.0 | 5.5% |
| Intermediate Capital Group PLC | 2,060.0 | 5.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Fresnillo PLC | 999.5 | -5.8% |
| Endeavour Mining PLC | 2,134.0 | -5.5% |
| Marks And Spencer Group PLC | 346.1 | -3.3% |
| Relx PLC | 3,913.0 | -2.9% |
| National Grid PLC | 1,024.5 | -2.8% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,604 | 0.6% | 2.3% |
| DOW JONES INDUS. AVG | 42,410 | 2.8% | 7.6% |
| DAX INDEX | 23,567 | 0.3% | 25.7% |
| NIKKEI 225 | 38,245 | 1.6% | 0.3% |
| S&P/ASX 200 INDEX | 8,269 | 0.4% | 6.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.74 | -0.34% |
| Brent Crude (ICE) | USD/bbl. | 64.73 | -0.35% |
| Gold Spot | USD/t oz. | 3,252 | 0.5% |
| Copper (Comex) | USd/lb. | 464 | 0.5% |
Click graph to enlarge
The UK 100 called to open -20 points this morning at 8,584. The UK 100 looks set to open lower this morning after UK unemployment figures were published, which showed the rate of unemployment has risen. This following a strong performance at the start of the week following US-China trade talks.
U.S. stocks roared back on Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland, raising hopes a trade war won’t push the economy into a recession. The Dow Jones surged 1,160.72 points, or 2.81%, and closed at 42,410.10. The 30-stock index ended the session near its highs of the day, with buying enthusiasm remaining strong. The S&P popped 3.26% to end at 5,844.19, bringing its gain since its April intraday low at the height of tariff pessimism to more than 20%. The benchmark has cut its year-to-date losses to just 0.6%. The Nasdaq added 4.35% and settled at 18,708.34, as the initial China agreement sent technology stocks tied to the country — like Tesla and Apple — flying higher. It was the best day since April 9 for all three indexes.
Asian stocks joined the global rally and the US dollar held on to most of its gains on Tuesday as investors heaved a sigh of relief after a temporary halt in the trade war between the US and China eased worries of a global recession. Japan’s Nikkei soared 2%, touching its highest level since February 25, and tech-heavy Taiwan also rose 2%, while Chinese stocks inched higher in early trading. That left the MSCI’s broadest index of Asia-Pacific shares outside Japan at a six-month peak.
IQE expects its revenue for the fiscal year 2025 to align with market expectations, the company said on Tuesday, adding that it was focusing on the potential sale of its Taiwan operations. “Global markets are being impacted by macroeconomic uncertainty and as a result, some end customer demand is being fulfilled with existing inventory,” the company said. This was visible in the first quarter, but is expected to be corrected in the second half of the year, it added. IQE, a supplier of compound semiconductor wafer products used in iPhone’s facial recognition sensors, said there is currently no direct impact to the company from the U.S. tariffs. The company, which confirmed Jutta Meier as CEO on Tuesday, is expected to report revenue between 115.1 million pounds ($151.9 million) to 123 million pounds in the current fiscal year to March 2026, according to a company-provided consensus. It reported 118 million pounds in revenue for the year ended March 31, 2025.
Marston’s reported 20% growth in profits in the first half of its financial year as the pub group looked to balance cost efficiency and investment in its estate. Interim results for the 26 weeks to 29 March 2025 showed revenue remained stable at £427.4 million, down 0.2% on this time year despite the impact of £50 million of disposals in the previous period. Like-for-like sales, however, increased 1.3%, or 2.9% for the 31 weeks to 3 May 2025. There has also been growth of 10.5% in the first five weeks of the second half. Underlying pub operating profit rose by 20.1% to £63.3 million, supported by improved operational efficiency and cost savings. Reported profit before tax was £19 million, reversing a £0.2 million loss last time. EBITDA margin expanded by 250 basis points, driven by “data and technology-led improvements in labour deployment and procurement efficiency”. Net debt was cut to £881 million from £1.16 billion a year earlier, helped by the disposal of CMBC, which provided greater financial flexibility.
UK
IQE (IQE)
Renew Holdings (RNWH)*
US
JD.com (JD) PMO
UK
Burberry Group (BRBY)
Keller Group (KLR)
Spirax Group (SPX)
TP ICAP Group (TCAP)
Compass Group (CPG)
US
Cisco Systems Inc (CSCO) AMC
UK BRC Like-For-Like Retail Sales
UK Average Earnings
UK Claimant Count Change
UK Employment Change
UK ILO Unemployment Rate
ECB’s Escrivá speech
EcoFin Meeting
German ZEW Survey
EU ZEW Survey
US Consumer Price Index
UK 100 companies going ex-dividend on 15th May 2025:
Pershing Square Holdings
Admiral Group
Tesco
Unilever
BP
Coca-Cola Europacific Partners
GSK
Shell
UK 250 companies going ex-dividend on 15th May 2025:
Murray Income Trust
Spectris
PageGroup
Lancashire Holdings
Balfour Beatty
Greencoat Uk Wind
PRS REIT
Blackrock Smaller Companies Trust
Target Healthcare REIT
JPMorgan European Growth & Income
Renewables Infrastructure Group
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