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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Astrazeneca PLC | 9,601.0 | 1.1% |
| GSK PLC | 1,637.6 | 0.7% |
| Centrica PLC | 135.1 | 0.5% |
| HSBC Holdings PLC | 610.3 | 0.3% |
| Smith (Ds) PLC | 319.6 | 0.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Fresnillo PLC | 470.4 | -4.7% |
| Taylor Wimpey PLC | 141.5 | -4.4% |
| Barratt Developments PLC | 467.7 | -4.3% |
| Persimmon PLC | 1,365.5 | -3.8% |
| Airtel Africa PLC | 98.9 | -3.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,512 | -0.8% | -5.6% |
| DOW JONES INDUS. AVG | 38,273 | -1.4% | 12.3% |
| DAX INDEX | 16,881 | -0.9% | 9.8% |
| NIKKEI 225 | 37,703 | -0.7% | 36.6% |
| S&P/ASX 200 INDEX | 7,548 | -0.7% | 1.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.86 | -0.01% |
| Brent Crude (ICE) | USD/bbl. | 82.73 | -0.05% |
| Gold Spot | USD/t oz. | 1,992 | -0.1% |
| Copper (Comex) | USd/lb. | 370 | -0.3% |
Click graph to enlarge
The UK 100 called to open +38 points at 7,550. The UK 100 looks set to open higher this morning after inflation data out this morning showed the CPI measure stood at 4%, lower than the 4.2% expected and flat from December. On Wall Street yesterday, stocks dropped on after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year, a key part of the bull case for the equity market. The Dow Jones lost 524.63 points, or 1.35%, to close at 38,272.75 in its worst session since March 2023 on a percentage basis. At its lows, the 30-stock index sunk 757.52 points, or 1.95%. The S&P slid 1.37% to close at 4,953.17, while the Nasdaq fell 1.8% to settle at 15,655.60. The Russell also suffered, tumbling nearly 4% for its worst session since June 2022.
Coca-Cola HBC expects their profit to grow in 2024 as they reported a record annual profit, helped by strong demand for its sparkling drinks, coffee and energy drinks. They expect their comparable operating profit to grow between 3-9% in 2024. They reported a rise in operating profit for the year ended on Dec 31st to 1.08bn euros.
Dunelm Group reported an improvement in its HY profit, supported by resilient consumer demand for home furnishings and the company’s efforts to keep a tight lid on operational costs. They posted a 4.8% increase in their HY pretax profit to £123m.
Severn Trent have retained their annual forecast and said they are supporting about 250,000 of its most vulnerable customers through bill reductions. They expect their annual revenue to be between £2-2.5bn for its regulated water and waste water business.
United Utilities retained their annual outlook but warned that weather in North West England, which saw torrential rainfall and storms, will impact its FY outcome delivery incentive (ODI) performance by about £25m. They now expect their FY ODI performance to come in at around £40m.
Vistry inks framework with Sigma Capital to deliver 5,000 build-to-rent homes.
Vodafone gets approval for CEO of e&, Hatem Dowidar, to join the board.
Deutsche Bank Upgrades Wizz Air to Hold from Sell (9 Buys / 8 Holds / 3 Sells)
RPT/Jefferies Downgrades BAE Systems to Hold from Buy (11 Buys / 3 Holds / 0 Sells)
UK
Coca-Cola HBC
Dunelm Group
Plus500*
Severn Trent
United Utilities
US
Barrick Gold
CME Group
The Kraft Heinz Co
Cisco Systems
Occidental Petroleum
QuantumScape
Twilio
UK
Centrica
RELX
US
Deere & Co
Applied Materials
Coinbase Global
Liberty Global
The Trade Desk
UK Producer Price Index – Output
UK Core Consumer Price Index
UK Retail Price Index
EU Industrial Production s.a.
EU Gross Domestic Product s.a.
EU Employment Change
Japanese Gross Domestic Product
UK 100 companies going ex-dividend on 15th February 2024:
Imperial Brands
BP
Shell
Pershing Square Holdings
UK 250 companies going ex-dividend on 15th February 2024:
NextEnergy Solar Fund
Greencoat UK Wind
UK Commercial Property REIT
Murray Income Trust
Impax Environmental Markets
ICG Enterprise Trust
Balanced Commercial Property Trust
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