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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Centrica PLC | 130.3 | 3.4% |
| Smiths Group PLC | 1,647.0 | 2.7% |
| Kingfisher PLC | 248.0 | 2.4% |
| Astrazeneca PLC | 10,962.0 | 2.1% |
| Rightmove PLC | 535.8 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Aviva PLC | 458.8 | -6.4% |
| Phoenix Group Holdings PLC | 511.0 | -5.8% |
| Tesco PLC | 282.0 | -5.1% |
| Lloyds Banking Group PLC | 50.7 | -4.6% |
| International Consolidated Airlines Group S.A. | 169.1 | -3.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,924 | -0.5% | 1.3% |
| DOW JONES INDUS. AVG | 38,459 | 0.0% | 14.3% |
| DAX INDEX | 17,954 | -0.8% | 14.3% |
| NIKKEI 225 | 39,524 | 0.2% | 40.7% |
| S&P/ASX 200 INDEX | 7,788 | -0.3% | 6.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 85.87 | 1.00% |
| Brent Crude (ICE) | USD/bbl. | 90.50 | 0.85% |
| Gold Spot | USD/t oz. | 2,393 | 0.9% |
| Copper (Comex) | USd/lb. | 430 | 1.0% |
Click graph to enlarge
The UK 100 called to open +40 points at 7,963. The UK 100 looks set to open higher this morning, this comes after this mornings UK GDP data came in higher than expected, a 0.2% retraction beating the consensus expectations of a 0.4% retraction. This mornings gains would all but eradicate yesterday’s late fall following comments made by the IMF on early rate cuts. Analysts are now predicting the first interest rate cut from the Bank of England will come in September rather than August, with only two cuts this year. On Wall Street yesterday, the S&P jumped and the Nasdaq closed at a record Thursday as tech shares climbed higher, rebounding from an earlier pullback over concerns of persistent inflation. The S&P gained 0.74% to close at 5,199.06. The Nasdaq added 1.68% to end the day at 16,442.20, a record level. The Dow Jones however, underperformed and slipped 2.43 points, or 0.01%, at 38,459.08.
AstraZeneca shareholders approved a controversial increase to chief executive Pascal Soriot’s pay package yesterday. Over 78% of votes gave the £18.7 million salary and bonus package the nod, representing an 11% year-over-year increase.
The FCA this morning have said they are writing to motor finance firms to remind them they must maintain adequate financial resources at all times.
Petrofac said this morning, further to recent announcements, it has engaged and remains in discussions with its lenders to restructure its debt which would result in a significant proportion of the debt being exchanged for equity in the business. It also continues to be in discussion with prospective investors and certain major shareholders in relation to potential further investment in the Company and remains in negotiations with prospective purchasers regarding the sale of non-core assets.
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US
BlackRock
Citigroup Inc
JPMorgan Chase & Co
Wells Fargo & Co
UK
Mitie
US
Goldman Sachs
Chinese Imports
Chinese Exports
Chinese Trade Balance
German Harmonized Index of Consumer Prices
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
EU EcoFin Meeting
Michigan Consumer Sentiment Index
Fed’s Bostic speech
Fed’s Daly speech
UK 100 companies going ex-dividend on 18th April 2024:
Antofagasta
BAE Systems
Unite Group
Croda International
London Stock Exchange Group
Weir Group
Fresnillo
UK 250 companies going ex-dividend on 18th April 2024:
Jupiter Fund Management
Drax Group
Vesuvius
Serco Group
Rotork
Quilter
Rathbones Group
Kier Group
Bridgepoint Group
Dowlais Group
JPMorgan American Investment Trust
Merchants Trust
TwentyFour Income Fund
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