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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| ROLLS-ROYCE HOLDINGS PLC | 107.8 | 6.0% |
| ANTOFAGASTA PLC | 1,906.0 | 4.3% |
| INTL CONSOLIDATED AIRLINE-DI | 205.0 | 4.2% |
| MELROSE INDUSTRIES PLC | 170.1 | 4.0% |
| INFORMA PLC | 570.6 | 3.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| DIAGEO PLC | 3215.5 | -2.4% |
| JUST EAT TAKEAWAY | 7818.0 | -2.0% |
| COCA-COLA HBC AG-DI | 2487.0 | -1.9% |
| OCADO GROUP PLC | 2195.0 | -1.8% |
| UNITED UTILITIES GROUP PLC | 943.0 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 6,963 | 0.4% | 21.1% |
| DOW JONES INDUS. AVG | 33,982 | -0.2% | 42.9% |
| DAX INDEX | 15,296 | 0.1% | 48.0% |
| NIKKEI 225 | 29,126 | 0.4% | 47.2% |
| S&P/ASX 200 INDEX | 7,046 | -0.2% | 32.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.94 | 0.05% |
| Brent Crude (ICE) | USD/bbl. | 65.65 | -0.70% |
| Gold Spot | USD/t oz. | 1,782 | 0.0% |
| Copper (Comex) | USd/lb. | 444 | 0.0% |
Click graph to enlarge
UK 100 is called to open +3 points this morning at 6967. A modestly higher open is expected this morning, this comes after stocks in Asia overnight were mostly lower on Tuesday as investors await cues from the U.S. Federal Reserve’s two-day meeting, which begins today, and more earnings. The Hang Seng index in Hong Kong rose 0.14% while the Shanghai Composite in China slipped 0.41%. In Japan, the Nikkei 225 fell 0.28% and South Korea’s Kospi dipped 0.37%. It was a broadly positive session in the US yesterday, with the S&P 500 edging higher to close at another record on Monday, while the tech-heavy Nasdaq Composite climbed 0.9% to hit its first fresh record close since Feb. 12. The Dow Jones Industrial Average closed lower by 0.18% to be the sole underperformer.
Aveva CEO Craig Hayman is to leave his post on 31st Jan 2022.
BP Q1 profit beats forecasts on strong gas trading as their profit more than tripled from a year earlier to $2.6bn, exceeding expectations boosted by stronger oil prices and bumper revenue from natural gas trading. They are also committed to buying back its shares after its net debt dropped below its target of $35bn, earlier than expected.
HSBC reported a significantly better-than-expected 79% rise in Q1 profit after the improved economic outlook allowed them to release cash it had set aside against bad loans because of the coronavirus pandemic. They posted a profit before tax of $5.78bn for Q1 (2020: $3.21bn) which was above average analyst forecast of $3.35bn. They released $400m of earlier provisions that they had previously set aside for bad debt due to the coronavirus pandemic.
IWG reports strong financial position, with liquidity of £811.6m at the end of March.
Serco completes the $295m acquisition of US-based Whitney, Bradley & Brown.
Whitbread reported an annual loss of $1.4bn after COVID-19 curbs crimped all major travel in Britain for most of 2020 as they expect a “significant” bounce in leisure demand in the summer. They declared no annual dividend down from 32.7p paid previously.
Barclays Upgrades Babcock to Equal Weight from Underweight (4 Buys / 5 Holds / 1 Sell)
Citi Group Upgrades Legal & General to a Buy from Neutral (6 Buys / 5 Holds / 2 Sells)
Exane BNP Upgrades Informa to Outperform from Neutral (5 Buys / 6 Holds / 0 Sells)
Goldman Sachs Upgrades Great Portland to Buy from Neutral (4 Buys / 11 Holds / 1 Sell)
Morgan Stanley Downgrades Bunzl to Underweight from Equal-Weight (10 Buys / 6 Holds / 1 Sell)
Societe Generale Initiates Schroders with a Hold (2 Buys / 13 Holds / 0 Sells)
HSBC
Whitbread
BP
GlaxoSmithKline
Lloyds
London Stock Exchange Group
Persimmon
Renishaw
J Sainsbury
WPP Group
BoJ Interest Rate Decision
US Housing Price Index
US S&P/Case-Shiller Home Price Indices
US Consumer confidence
UK 100:
RELX
Rightmove
London Stock Exchange Group
UK 250:
John Laing Group
Morgan Sindall Group
Foresight Solar Fund
Coats Group
Derwent London
Sanne Group
City of London Investment Trust
Morgan Advanced Materials
HgCapital Trust
Bankers Investment Trust
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