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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| JD Sports Fashion PLC | 71.1 | 12.6% |
| Endeavour Mining PLC | 1,778.0 | 2.3% |
| Fresnillo PLC | 879.0 | 2.0% |
| 3I Group PLC | 3,593.0 | 1.4% |
| Airtel Africa PLC | 149.5 | 1.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Astrazeneca PLC | 9,695.0 | -6.6% |
| BP PLC | 331.3 | -6.5% |
| Melrose Industries PLC | 383.7 | -5.6% |
| GSK PLC | 1,268.0 | -5.4% |
| Barclays PLC | 242.6 | -4.5% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,679 | -2.9% | -3.2% |
| DOW JONES INDUS. AVG | 40,608 | 7.9% | 4.4% |
| DAX INDEX | 19,671 | -3.0% | 8.8% |
| NIKKEI 225 | 31,714 | -3.9% | -19.9% |
| S&P/ASX 200 INDEX | 7,375 | -1.8% | -6.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 62.35 | 4.65% |
| Brent Crude (ICE) | USD/bbl. | 65.72 | 4.62% |
| Gold Spot | USD/t oz. | 3,083 | 0.0% |
| Copper (Comex) | USd/lb. | 419 | 1.2% |
Click graph to enlarge
The UK 100 called to open +376 points this morning at 8,055. The UK 100 looks set to open higher this morning, after US President Donald Trump tariffs pause last night triggered a relief rally for financial markets.
In Asia this morning Tokyo’s Nikkei 225 jumped 8% after the move by the White House reduced Japan’s planned 24% levy to 10% for the next 90 days. The Shanghai Composite rose 1% and the Hang Seng index by 3% despite China facing a higher rate of 125% as the trade war with the US intensified.
Stateside yesterday saw a drastic swing, the S&P skyrocketed 9.52% to settle at 5,456.90 for its biggest one-day gain since 2008. For the broad market index, it was the third-biggest gain in post-WWII history. The Dow Jones advanced 2,962.86 points, or 7.87%, to close at 40,608.45 for its biggest percentage advance since March 2020. The Nasdaq jumped 12.16% to end at 17,124.97, notching its largest one-day jump since January 2001 and second-best day ever. “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump posted on his Truth Social. Trump, in the same post, said he was raising the tariff on China higher again to 125%.
JD Sports Fashion announces that it will commence a share buyback programme to purchase ordinary shares of £0.0005 each in the Company with an aggregate value of up to £100 million. The Programme will therefore return up to £100 million to shareholders. The Programme will commence immediately today and is expected to complete no later than 31 July 2025.
Tesco signalled lower profits for the current financial year as it responds to a “further increase in the competitive intensity of the UK market”. It reported a 10.9% rise in adjusted operating profit at constant exchange rates to £3,13 billion in results today, having grown like-for-like sales by 3.1% in 2024/25. Revenues rose 4% at constant rates to £63.6 billion as the chain claimed its highest market share for nearly a decade. Tesco forecast a profit of between £2.7 billion and £3 billion in the current year, which it said gave it “flexibility and firepower” to be able to respond to current market conditions.
UK
Tesco (TSCO)
US
None
UK
Nanoco Group (NANO)*
US
JPMorgan Chase & Co (JPM) PMO
Wells Fargo & Co (WFC) PMO
Chinese Consumer Price Index
Chinese Producer Price Index
US Consumer Price Index
US Initial Jobless Claims
BoE’s Breeden speech
Fed’s Goolsbee speech
Fed’s Harker speech
US Monthly Budget Statement
UK 100 companies going ex-dividend on 10th April 2025:
Aviva
Lloyds Banking Group
Reckitt Benckiser Group
Howden Joinery Group
Croda International
St James’s Place
F&C Investment Trust
UK 250 companies going ex-dividend on 10th April 2025:
Harbour Energy
Petershill Partners
Mony Group
Man Group
TP ICAP Group
ITV
Rathbones Group
Morgan Advanced Minerals
Qulter
Savills
Serco Group
Hunting
Just Group
Invesco Asia Dragon Trust
Softcat
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