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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Fresnillo PLC | 730.4 | 2.2% |
| B&M European Value Retail S.A. | 482.6 | 2.1% |
| Ocado Group PLC | 435.8 | 2.1% |
| Unilever PLC | 4,202.5 | 1.8% |
| Jd Sports Fashion PLC | 172.8 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| British Land Company PLC | 371.8 | -6.8% |
| Land Securities Group PLC | 591.2 | -3.6% |
| Unite Group PLC | 889.5 | -2.8% |
| Segro PLC | 726.8 | -2.3% |
| Airtel Africa PLC | 107.4 | -2.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,568 | 0.4% | 1.0% |
| DOW JONES INDUS. AVG | 32,509 | -0.2% | -6.6% |
| DAX INDEX | 15,216 | 0.1% | 5.0% |
| NIKKEI 225 | 27,467 | 1.9% | -2.1% |
| S&P/ASX 200 INDEX | 7,016 | 0.9% | -4.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.09 | 0.60% |
| Brent Crude (ICE) | USD/bbl. | 75.85 | 0.70% |
| Gold Spot | USD/t oz. | 1,947 | 0.4% |
| Copper (Comex) | USd/lb. | 404 | 1.2% |
Click graph to enlarge
The UK 100 called to open -15 points at 7551. The UK 100 looks set to open slightly lower ahead of todays Bank of England interest rate meeting. This comes on the back of Federal Reserve increasing interest rates by 25 basis points last night, resisting the urge to pause hikes in the face of banking sector uncertainty, taking the federal funds rate range to 4.75% to 5.00%. The vote was unanimous. Following this, stocks on Wall Street fell, the Dow Jones Industrial Average closed down 530.49 points, or 1.6% to end the session at 32,030.11. The S&P 500 slumped 65.90 points, or 1.7%, to close at 3,939.97 and the Nasdaq Composite declined 190.15 points, or 1.6%, trading at 11,669.96.
AstraZeneca says Calquence receives regulatory approval in China for cell lymphoma.
Crest Nicholson update that build cost inflation remains challenging, but they expect it to recede. They state that the outlook is uncertain, but the housing market has been relatively resilient.
Inchcape reports a 2022 pretax profit of £333m, up from £149m YoY.
Pearson completes the acquisition of workforce assessment provider PDRI for $190m.
Playtech report a 2022 pretax profit of 95.6m euros, down from 605m euros YoY. They note a strong start to 2023 despite the macroeconomic and geopolitical uncertainty.
Wickes report a 2022 pretax profit of £40.3m, down 38% YoY from £65.4m.
Morgan Stanley Downgrades Informa to Equal Weight (6 Buys / 3 Holds / 0 Sells)
UK
Energean
Inchcape
Playtech
US
General Mills
Accenture
UK
Smiths Group
Wetherspoon (JD)
US
None
EU leaders summit
Bank of England Minutes
BoE Asset Purchase Facility
BoE Interest Rate Decision
BoE Monetary Policy Summary
Chicago Fed National Activity Index
US Initial Jobless Claims
US New Home Sales
Japanese National Consumer Price Index
UK 100 companies going ex-dividend on 23rd March 2023:
Schroders
British American Tobacco
Pearson
Prudential
UK 250 companies going ex-dividend on 23rd March 2023:
OSB Group
CLS Holdings
Close Brothers Group
Hikma Pharmaceuticals
Hipgnosis Songs Fund
Chemring Group
HgCapital Trust
Volution Group
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