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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
BP PLC | 509.0 | 2.5% |
International Consolidated Airlines Group S.A. | 140.7 | 2.5% |
Glencore PLC | 459.6 | 2.2% |
Rio Tinto PLC | 5,331.0 | 1.9% |
Prudential PLC | 1,043.0 | 1.6% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Ocado Group PLC | 440.5 | -2.6% |
Hargreaves Lansdown PLC | 769.4 | -2.4% |
Kingfisher PLC | 249.9 | -2.1% |
Rightmove PLC | 540.2 | -2.0% |
Haleon PLC | 320.7 | -1.7% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,489 | 0.2% | 0.4% |
DOW JONES INDUS. AVG | 32,492 | 0.2% | -7.1% |
DAX INDEX | 15,138 | 0.1% | 4.8% |
NIKKEI 225 | 27,518 | 0.2% | -2.6% |
S&P/ASX 200 INDEX | 7,034 | 1.0% | -5.8% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 73.15 | 0.47% |
Brent Crude (ICE) | USD/bbl. | 78.49 | 0.47% |
Gold Spot | USD/t oz. | 1,967 | 0.5% |
Copper (Comex) | USd/lb. | 410 | 0.4% |
The UK 100 called to open +16 points at 7500. The UK 100 looks set to once again test the 7500 level this morning after a mixed session yesterday as European indices struggled for direction. In the US, the Dow closed Tuesday down 37 points, 0.1%, to trade at 32,395, the Nasdaq Composite fell 53 points, 0.5%, to end at 11,716 and the S&P 500 dipped 6 points or 0.2%, to close at 3,971. In Asia on this morning, the Nikkei 225 index was up 0.8%. In China, the Shanghai Composite was down 0.1%, while the Hang Seng index in Hong Kong was up 2.1%. The S&P/ASX 200 in Sydney closed up 0.2%.
Essentra 2022 pretax loss widens to £29m from £7m YoY.
Galliford Try have been awarded a £75m contract for new build-to-rent building in North London.
Next are to acquire Cath Kidston for £8.5m. They reported a better-than-expected 5.7% rise in annual profit but stayed cautious on the outlook for its current year, forecasting a profit decline. They made a pretax profit of £870.4m in the year to January 2023, versus guidance of £860m (2022: £823.1m profit). For 2023-24 they their guidance for a 1.5% decline in full-price sales and profit of £795m.
Barclays Downgrades Smith & Nephew to Underweight (7 Buys / 4 Holds / 2 Sells)
Berenberg Upgrades ITM Power to Hold from Sell (6 Buys / 7 Holds / 2 Sells)
Exane BNP Upgrades WPP to Outperform from Neutral (8 Buys / 4 Holds / 1 Sell)
Morgan Stanley Upgrades Tesco to Overweight (6 Buys / 3 Holds / 0 Sells)
UBS Upgrades Spirent to Buy from Neutral (4 Buys / 3 Holds / 0 Sells)
UK
Ithica Energy
NEXT
US
None
UK
International Public Partnership
US
None
German Gfk Consumer Confidence Survey
US Pending Home Sales
UK 100 companies going ex-dividend on 30th March 2023:
Aviva
Phoenix Group Holdings
Taylor Wimpey
abrdn
Mondi
Smith & Nephew
InterContinental Hotels Group
UK 250 companies going ex-dividend on 30th March 2023:
Moneysupermarket.com Group
Fidelity European Trust
European Smaller Companies Trust
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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