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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| JD Sports Fashion PLC | 73.4 | 16.2% |
| 3I Group PLC | 3,879.0 | 9.4% |
| Endeavour Mining PLC | 1,883.0 | 8.3% |
| Fresnillo PLC | 923.0 | 7.1% |
| Antofagasta PLC | 1,456.0 | 4.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Tesco PLC | 314.6 | -6.8% |
| GSK PLC | 1,275.0 | -4.9% |
| Reckitt Benckiser Group PLC | 4,760.0 | -3.8% |
| Aviva PLC | 496.3 | -3.8% |
| Astrazeneca PLC | 10,018.0 | -3.4% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 7,913 | 3.0% | -0.1% |
| DOW JONES INDUS. AVG | 39,594 | -2.5% | 3.0% |
| DAX INDEX | 20,563 | 4.5% | 14.5% |
| NIKKEI 225 | 33,586 | -3.0% | -15.3% |
| S&P/ASX 200 INDEX | 7,647 | -0.8% | -2.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 60.85 | 1.30% |
| Brent Crude (ICE) | USD/bbl. | 64.14 | 1.28% |
| Gold Spot | USD/t oz. | 3,203 | 0.8% |
| Copper (Comex) | USd/lb. | 440 | 1.5% |
Click graph to enlarge
The UK 100 called to open +96 points this morning at 8,007. The UK 100 looks set to open higher once again this morning, this comes after the UK’s blue chip index added 3% yesterday, the index did give back some of its intraday highs during the session and at one point was trading as high as 8,166.
Data out this morning showed GDP grew 0.5% in February 2025 and 0.6% in the 3-months to February 2025. The economy grew strongly in February with widespread growth across both services and manufacturing industries.
Stocks fell Stateside on Thursday, giving back some of the gains from the historic rally seen in the previous session after President Donald Trump announced a 90-day reprieve on some of his “reciprocal” tariffs. Investors worried that even with the short pause on some of the duties, economic activity will be slowed by Trump’s singling out of China with a much higher rate. The S&P sold off 3.46% and closed at 5,268.05, while the Nasdaq slid 4.31% to end at 16,387.31. The Dow Jones dropped 1,014.79 points, or 2.5%, settling at 39,593.66. Notable decliners included Apple and Tesla, which pulled back 4.2% and 7.3%, respectively. Nvidia lost nearly 6%, while Meta Platforms slipped almost 7%.
BP has warned investors to expect a weaker start to the year from its natural gas trading business and a sharp rise in debt, according to early guidance for the first three months of 2025. The oil major said gas production would be lower compared to the previous quarter, hit in part by previously announced asset sales in Egypt and Trinidad. The gas and low-carbon energy division is also expected to report weak trading results, although prices were broadly stable. In its retail and refining division, BP said the performance was mixed. The “customers” business, which includes petrol stations and convenience stores, benefited from lower costs and stronger logistics, though this was partly offset by weaker seasonal demand. Meanwhile, refining margins improved, adding up to $300mn to the bottom line. Oil trading — a key earnings driver in recent quarters — delivered average results. BP said net debt rose by about $4bn during the quarter. This was mostly down to seasonal factors such as stockpiling fuel and timing of payments, including staff bonuses and spending on low-carbon projects up for sale. The company expects much of this to unwind in future quarters. The tax bill is also expected to be high, with the effective tax rate coming in at around 50%, reflecting where BP is earning most of its profits. Brent crude averaged $75.73 a barrel in the first quarter, slightly above the $74.73 average at the end of 2024. US natural gas prices rose more sharply, up from $2.79 to $3.65 per million British thermal units. BP will publish full results for the quarter on 7 May.
UK
Nanoco Group (NANO)*
US
JPMorgan Chase & Co (JPM) PMO
Wells Fargo & Co (WFC) PMO
UK
US
Goldman Sachs (GS) PMO
Chinese Harmonized Index of Consumer Prices
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
Eurogroup Meeting
US Producer Price Index
US Michigan Consumer Sentiment Index
UK 100 companies going ex-dividend on 17th April 2025:
Fresnillo
Unite Group
Convatec Group
BAE Systems
Antofagasta
Weir Group
Rolls-Royce Holdings
London Stock Exchange Group
UK 250 companies going ex-dividend on 17th April 2025:
Dowlais Group
TwentyFour Income Fund
Grafton Group
Jupiter Fund Management
Travis Perkins
Merchants Trust
JPMorgan American Investment Trust
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