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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Melrose Industries PLC | 476.5 | 5.6% |
| International Consolidated Airlines Group S.A. | 334.3 | 4.5% |
| Intermediate Capital Group PLC | 2,020.0 | 3.2% |
| Ashtead Group PLC | 4,348.0 | 3.1% |
| BAE Systems PLC | 1,900.0 | 3.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Centrica PLC | 156.2 | -1.5% |
| Rio Tinto PLC | 4,498.5 | -1.4% |
| Endeavour Mining PLC | 2,230.0 | -1.3% |
| Experian PLC | 3,742.0 | -1.2% |
| Fresnillo PLC | 1,122.0 | -1.0% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,778 | 0.7% | 6.4% |
| DOW JONES INDUS. AVG | 42,344 | 1.8% | 9.0% |
| DAX INDEX | 24,226 | 0.8% | 29.7% |
| NIKKEI 225 | 37,750 | 0.1% | -2.6% |
| S&P/ASX 200 INDEX | 8,397 | -0.1% | 8.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 61.04 | 0.25% |
| Brent Crude (ICE) | USD/bbl. | 64.22 | 0.20% |
| Gold Spot | USD/t oz. | 3,304 | 0.1% |
| Copper (Comex) | USd/lb. | 471 | -0.7% |
The UK 100 called to open +5 points this morning at 8,783. The UK 100 looks set to open higher today, following a positive performance in Asian markets and Wall Street’s rebound. The UK’s blue chip index gained 0.7% on Tuesday, closing at 8,680.29 points. This uptick was driven by investor optimism after U.S. President Donald Trump delayed tariffs on European Union imports, boosting investor sentiment across global markets.
Asian markets are broadly higher this morning, in Japan the Nikkei 225 has gained 1.8%, reaching 39,215.99 points, driven by strong performances in technology stocks such as Tokyo Electron, which surged 4.4%. In Hong Kong the Hang Seng index rose by 0.2% to 19,595.53 points, with gains in Chinese technology stocks contributing to the positive. In China the Shanghai Composite index edged up 0.2% to 3,370.74 points, reflecting a stable economic outlook amid easing trade tensions.
Yesterday stocks rallied in the US. The Dow Jones gained 740.58 points, or 1.78%, to finish at 42,343.65, while the S&P rose 2.05% to 5,921.54. Both snapped four-day losing streaks. The Nasdaq popped 2.47% to 19,199.16 as technology names like Tesla saw outsized gains.
Kingfisher reported a 1.8% rise in first quarter same store sales, with a strong performance in Britain offset by continued weakness in France. The UK 100 listed group, which owns B&Q and Screwfix in the UK and Castorama and Brico Depot in France and other markets, said on Wednesday it was sticking with its full-year forecast for adjusted pretax profit of £480 million to £540 million ($647-$728 million), versus £528 million in 2024/25.
Pets at Home Group reported its FY25 preliminary results, showcasing strategic growth and transformation into a comprehensive pet care platform. The company achieved a slight increase in statutory revenue and a significant rise in statutory profit before tax, driven by strong performance in its Vet Group despite a challenging market environment. The transformation included a complete overhaul of its digital infrastructure and distribution network, positioning the company for future growth. The Vet Group saw a 13% increase in consumer revenue, while retail revenue experienced a slight decline due to market conditions. The company also reported a robust free cash flow increase and plans for further expansion in its vet practices. Pets at Home aims to leverage its new digital platform and distribution network to enhance its omnichannel offerings and continue its growth trajectory.
Thames Water has been handed record fines totalling almost £123 million following two investigations into the company by the industry regulator. Ofwat said Britain’s largest supplier will have to pay £104.5 million for breaking rules relating to waste water. It is the biggest fine the watchdog has ever issued. Thames Water, which is trying to seal a takeover deal to stabilise its finances, will also pay an additional penalty of £18.2 million for breaches of rules relating to dividend payments. Ofwat said the fines have to be paid by the company and its investors,and not passed on to customers.
UK
Pets At Home Group (PETS)
Kingfisher (KGF)
US
HP (HPQ) AMC
NVIDIA Corp (NVDA )AMC
Salesforce Inc (CRM) AMC
Synopsys Inc (SNPS) AMC
UK
Auto Trader Group (AUTO)
Hollywood Bowl Group (BOWL)*
US
Costco Wholesale Corp (COST) AMC
MongoDB (MDB) E
UiPath (PATH) AMC
Zscaler Inc (ZS) AMC
BoE’s Lombardelli speech
Fed’s Waller speech
German Unemployment Change
Fed’s Kashkari speech
FOMC Minutes
UK 100 companies going ex-dividend on 29th May 2025:
National Grid
Severn Trent
Coca-Cola HBC AG
Intertek Group
Informa
Londonmetric Property
Associated British Foods
Marks & Spencer Group
Sage Group
Alliance Witan
Diploma
UK 250 companies going ex-dividend on 29th May 2025:
Hilton Food Group
Diversified Energy Company
Victrex
Hill & Smith
Great Portland Estates
Temple Bar Investment Trust
JTC
SSP Group
Henderson European Trust
Alfa Financial Software Holdings
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