This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Entain PLC | 762.2 | 3.7% |
| Prudential PLC | 814.6 | 3.4% |
| Beazley PLC | 667.0 | 3.3% |
| Ocado Group PLC | 471.2 | 3.2% |
| HSBC Holdings PLC | 592.8 | 3.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Persimmon PLC | 1,330.5 | -3.2% |
| SSE PLC | 1,581.0 | -2.0% |
| Severn Trent PLC | 2,566.0 | -1.7% |
| National Grid PLC | 1,038.8 | -1.5% |
| Centrica PLC | 128.4 | -1.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,748 | 1.0% | 2.6% |
| DOW JONES INDUS. AVG | 39,005 | 0.6% | 22.6% |
| DAX INDEX | 17,965 | 1.2% | 20.1% |
| NIKKEI 225 | 38,696 | -0.3% | 39.0% |
| S&P/ASX 200 INDEX | 7,729 | 0.2% | 8.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.83 | 0.35% |
| Brent Crude (ICE) | USD/bbl. | 82.20 | 0.34% |
| Gold Spot | USD/t oz. | 2,160 | 0.1% |
| Copper (Comex) | USd/lb. | 394 | 0.3% |
Click graph to enlarge
The UK 100 called to open +12 points at 7,759. The UK 100 looks set to extend yesterday’s gains when it reopens this morning as UK GDP figure came out in line with expectations, showing the economy had grown and bounced back from its recession. On Wall Street yesterday, The Dow gained 235.83 points, or 0.61%, to close at 39,005.49. The S&P ticked up 1.12% to finish the session at 5,175.27, surpassing the previous record high close from March 7. The Nasdaq advanced 1.54% to 16,265.64.
Anglo American says De Beers cycle 2 2024 rough diamond sales amounted to $430m at March 12th.
Balfour Beatty reports a 2023 pretax profit of £244m, down from £287m in 2022. Their order book stands at £16.5bn, down from £17.4bn YoY as they expect growth in their earnings-based businesses in 2024 on strong order book. They are confident in their ability to generate cash for significant shareholder returns. They hiked their final dividend by 10% to 11.5p up from 10.5p previously.
Ferrexpo said they need more time to finalise their FY results, amid a legal claim against its Ferrexpo Poltava Mining (FPM) unit in Ukraine
Berenberg Upgrades Harbour Energy to Buy from Hold (4 Buys / 2 Holds / 0 Sells)
Bernstein Downgrades Intercontinental Hotels Group to Underperform from Market Perform (3 Buys / 9 Holds / 3 Sells)
Deutsche Bank Upgrades Glencore to Buy from Hold (4 Buys / 5 Holds / 0 Sells)
Jefferies Downgrades Intercontinental Hotels Group to Hold from Buy (3 Buys / 9 Holds / 3 Sells)
JP Morgan Downgrades Entain to Neutral from Overweight (14 Buys / 3 Holds / 0 Sells)
JP Morgan Upgrades Flutter Entertainment to Overweight from Neutral (17 Buys / 3 Holds / 0 Sells)
UK
4imprint Group
Balfour Beatty
Ferrexpo
IP Group
Supermarket income REIT
Witan Investment Trust*
US
None
UK
Bridgepoint Group
Empric Student Property
Helios Towers
IG Group Holdings
Moonpig Group
OSB Group
Savills
Trainline
Vistry Group
US
Adobe
UK Industrial Production
UK Manufacturing Production
UK Gross Domestic Product
UK Manufacturing Production
EU Industrial Production s.a.
German 10-y Bond Auction
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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