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Morning Report - 12 May 2025

Yesterday’s UK 100 Leaders Price (p) % Chg
BP PLC 372.3 4.7%
Airtel Africa PLC 162.9 4.4%
Associated British Foods PLC 2,112.0 4.1%
Fresnillo PLC 1,061.0 3.0%
Kingfisher PLC 305.0 2.8%
Yesterday’s UK 100 Laggards Price (p) % Chg
Bae Systems PLC 1,688.0 -3.3%
British American Tobacco PLC 3,135.0 -3.2%
Rightmove PLC 726.2 -2.4%
Babcock International Group PLC 840.5 -2.3%
Imperial Brands PLC 3,018.0 -2.0%

 

Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,555 0.3% 1.4%
DOW JONES INDUS. AVG 41,249 -0.3% 4.4%
DAX INDEX 23,499 0.6% 25.2%
NIKKEI 225 37,644 0.4% -1.5%
S&P/ASX 200 INDEX 8,234 0.0% 6.3%
Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 61.85 1.36%
Brent Crude (ICE) USD/bbl. 64.74 1.30%
Gold Spot USD/t oz. 3,281 -1.3%
Copper (Comex) USd/lb. 469 0.9%

 

The UK 100 called to open +25 points this morning at 8,579

4 Hours; 12 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +25 points this morning at 8,579. The UK 100 looks set to open higher this morning, adding to the gains from Friday’s session as progress in trade talks between the US & China continues.

The Dow Jones slipped on Friday as investors awaited much-anticipated trade talks between U.S. and Chinese officials this weekend.  The 30-stock Dow lost 119.07 points, or 0.29%, and settled at 41,249.38. The S&P inched down 0.07%, closing at 5,659.91. The Nasdaq ended the session little changed, ending at 17,928.92.

U.S. stock futures jumped early Monday after the Trump administration announced a “trade deal” with China following negotiations over the weekend in Switzerland.  Dow Jones futures rallied 422 points, or 1%. S&P and Nasdaq climbed 1.38% and 1.94%, respectively.  Without providing specifics, Treasury Secretary Scott Bessent said two days of trade talks with Chinese officials in Geneva were “productive” and yielded “a great deal” of productivity. Bessent said details would be provided in a briefing Monday morning.

Asia-Pacific markets rose Monday after the White House announced a “trade deal” with China without providing specifics.

India’s Nifty 50 surged 2.29% at the open while the BSE Sensex gained 2.27%.  Hong Kong’s Hang Seng pared early gains to 0.88%, while mainland China’s CSI 300 index increased 0.61%.  Japan’s benchmark Nikkei 225 fell 0.17% while the broader Topix index lost 0.21% in choppy trade.  In South Korea, the Kospi index rose 0.49% while the small-cap Kosdaq edged 0.12% higher.  Over in Australia, the benchmark S&P/ASX 200increased 0.17%.

 

 

Company News & Broker Comments:

Company News:

 

Capita this morning announced a 3 year extension to PCSE contract, worth £82.5m.

 

Pan American to buy Mag Silver in $2.1bn deal. Mag Silver and Fresnillo are joint owners of the Juanicipio silver mine. Fresnillo is also Mag Silver’s top shareholder.

Reporting Today:

UK

 

None

 

US

 

None

 

Reporting Tomorrow:

UK

 

IQE (IQE)

Renew Holdings (RNWH)*

 

US

 

JD.com (JD) PMO

In Focus Today:

Eurogroup Meeting

BoE’s Lombardelli speech

BoE’s Greene speech

BoE’s Greene speech

BoE’s Mann speech

Fed’s Kugler speech

BoE’s Taylor speech

US Loan Officer Survey

US Monthly Budget Statement

 

This Week’s Ex-Dividends:

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

 

For any help you may require placing trades or in terms of market information, put a call in to our trading floor – it’s all part of the service.


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