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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rentokil Initial PLC | 504.2 | 17.7% |
| Anglo American PLC | 1,857.4 | 5.1% |
| Ocado Group PLC | 458.3 | 4.7% |
| Spirax-Sarco Engineering PLC | 10,660.0 | 3.8% |
| Antofagasta PLC | 1,797.5 | 3.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Entain PLC | 790.0 | -4.9% |
| HSBC Holdings PLC | 590.7 | -3.5% |
| Airtel Africa PLC | 94.4 | -2.7% |
| Melrose Industries PLC | 617.4 | -2.3% |
| Intercontinental Hotels Group PLC | 8,154.0 | -2.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,692 | 0.2% | -3.0% |
| DOW JONES INDUS. AVG | 38,791 | 0.3% | 18.3% |
| DAX INDEX | 17,843 | 0.7% | 14.1% |
| NIKKEI 225 | 39,689 | 0.2% | 39.5% |
| S&P/ASX 200 INDEX | 7,847 | 1.1% | 7.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 79.59 | 0.84% |
| Brent Crude (ICE) | USD/bbl. | 83.51 | 0.66% |
| Gold Spot | USD/t oz. | 2,160 | 0.0% |
| Copper (Comex) | USd/lb. | 393 | 0.0% |
Click graph to enlarge
The UK 100 called to open +4 points at 7,696. The UK 100 looks set to open higher this morning, this follows a strong trading day on Wall Street yesterday, which saw the S&P and Nasdaq back to record highs, as hope over easing inflation and gains in tech aided Wall Street’s midweek bounce. The broad S&P advanced 1.03% to 5,157.36, while the tech-heavy Nasdaq climbed 1.51% to 16,273.38. Both notched all-time highs during the session, while the S&P 500 also clinched a closing record. The Dow Jones gained 130.30 points, or 0.34%, to close at 38,791.35. In focus today will be non-farm payroll and unemployment data out of the US.
Beazley’s board approves a share buyback programmes of up to $325m.
Informa raised their earnings forecast for the current year after its 2023 profit more than doubled as they benefited from the return of live events post the pandemic-led slump and strong performance across its markets. They raised their adjusted operating profit forecast for 2024 to £950-970m, higher than its January forecast of £945-965m. Their adjusted operating profit for the year ended Dec 31st was up 59.1% to £853.8m.
Just Group recorded a better-than-expected 47% rise in 2023 underlying operating profit to £377m, helped by high levels of new business. Analyst estimates had expected their underlying profit to come in at £362m. They expect to achieve their target of doubling 2021 profits of £211m in 2024, two years ahead of its original plans.
Barclays Downgrades PZ Cussons to Equal Weight from Overweight (1 Buy / 1 Hold / 0 Sells)
UK
Informa
Just Group
US
None
UK
HGCapital Trust
US
Oracle
German Industrial Production
German Producer Price Index
German Industrial Production s.a
EU Gross Domestic Product s.a.
EU Employment Change
US Average Hourly Earnings
US Unemployment Rate
US Nonfarm Payrolls
UK 100 companies going ex-dividend on 14th March 2024:
NatWest Group
SEGRO
Anglo American
Haleon
Entain
UK 250 companies going ex-dividend on 14th March 2024:
Lancashire Holdings
abrdn
Dunelm Group
Apax Global Alpha
Tritax Big Box REIT
JPMorgan Emerging Markets Invest Trust
Balanced Commercial Property Trust
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