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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Endeavour Mining PLC | 1,650.0 | 1.6% |
| Fresnillo PLC | 722.2 | 1.4% |
| Bt Group PLC | 148.4 | 0.7% |
| National Grid PLC | 1,050.0 | 0.6% |
| Sse PLC | 1,731.5 | 0.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 451.1 | -6.5% |
| Hargreaves Lansdown PLC | 788.2 | -5.6% |
| Admiral Group PLC | 1,881.5 | -5.1% |
| Rolls-Royce Holdings PLC | 150.1 | -5.0% |
| HSBC Holdings PLC | 592.6 | -4.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,748 | -1.7% | 8.3% |
| DOW JONES INDUS. AVG | 31,910 | -1.1% | -3.1% |
| DAX INDEX | 15,428 | -1.3% | 13.2% |
| NIKKEI 225 | 27,833 | -1.1% | 10.6% |
| S&P/ASX 200 INDEX | 7,109 | -0.5% | 0.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.10 | 0.55% |
| Brent Crude (ICE) | USD/bbl. | 83.20 | 0.51% |
| Gold Spot | USD/t oz. | 1,878 | 0.5% |
| Copper (Comex) | USd/lb. | 405 | 0.5% |
Click graph to enlarge
The UK 100 called to open -4 points at 7744. The UK 100 is expected to open little changed on Monday as the fall out from the collapse of Silicon Valley Bank rumbles on and with the Budget to come on Wednesday. In the US The Dow closed Friday down 345 points or 1.1%, to end the session at 31,910, the Nasdaq lost 199 points or 1.8%, to end the week at 11,139 and the S&P fell 57 points or 1.5%, to end at 3,862. The small-cap Russell 200 index declined 58 points or 3.2%, to trade at 1,769. HSBC this morning have confirmed the acquisition of Silicon Valley Bank UK for £1.
Direct Line Insurance Group swings to a FY pretax loss of £45.1m, from £446m profit YoY as they say that FY conditions are challenging for Motor and Home insurance. They confirm no final dividend for 2022, as previously announced. They state that 2023 earnings are to be hit by higher than expected Motor insurance claims inflation.
HSBC confirms they will acquire Silicon Valley Bank UK ltd for £1.
Moonpig confirms it has no material exposure to Silicon Valley Bank UK.
Phoenix Group reports a 2022 pretax loss of £2.84bn, widened from £430m YoY.
Bernstein Upgrades Deliveroo to Outperform (5 Buys / 7 Holds / 0 Sells)
JP Morgan Downgrades British American Tobacco to Neutral from Overweight (10 Buys / 3 Holds / 0 Sells)
JP Morgan Upgrades Bunzl to Overweight from Neutral (4 Buys / 8 Holds / 2 Sells)
UK
Direct Line Group
HgCapital Trust
Phoenix Group Holdings
UK
Close Brothers Group
Genuit Group
TP ICAP
Eurogroup Meeting
UK 100 companies going ex-dividend on 16th March 2023:
M&G
NatWest Group
SEGRO
Anglo American
CRH
Haleon
UK 250 companies going ex-dividend on 16th March 2023:
Crest Nicholson Holdings
Dunelm Group
Spirent Communications
Bellevue Healthcare Trust
Digital 9 Infrastructure
abrdn Private Equity Opportunities Trust
JPMorgan Emerging Markets Invest Trust
Balanced Commercial Property Trust
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