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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Fresnillo PLC | 622.5 | 7.6% |
| Glencore PLC | 485.7 | 5.1% |
| Anglo American PLC | 2,201.5 | 3.7% |
| BP PLC | 539.1 | 3.7% |
| SSE PLC | 1,667.0 | 3.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Easyjet PLC | 527.0 | -4.3% |
| International Consolidated Airlines Group S.A. | 162.7 | -3.8% |
| Ocado Group PLC | 356.7 | -3.6% |
| JD Sports Fashion PLC | 118.7 | -3.1% |
| St. James’s Place PLC | 415.8 | -3.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,996 | 0.9% | 1.6% |
| DOW JONES INDUS. AVG | 37,983 | -1.2% | 12.1% |
| DAX INDEX | 17,930 | -0.1% | 13.4% |
| NIKKEI 225 | 39,233 | -0.7% | 37.7% |
| S&P/ASX 200 INDEX | 7,753 | -0.5% | 5.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 85.22 | -0.51% |
| Brent Crude (ICE) | USD/bbl. | 90.02 | -0.48% |
| Gold Spot | USD/t oz. | 2,358 | 0.6% |
| Copper (Comex) | USd/lb. | 432 | 1.5% |
Click graph to enlarge
The UK 100 called to open -24 points at 7,971. The UK 100 looks set to open lower this morning, having slipped just below 8000 on Friday at close. Oil prices are lower this morning but gold remains near a record following Iran’s drone attack on Israel. Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P tumbled 1.46% at 5,123.41. The Nasdaq pulled back by 1.62% at 16,175.09. Stock futures however look somewhat more promising this morning.
Ashmore report that their assets under management dropped in Q1 2024, as choppy markets continued to dampen investors’ risk appetite and emerging markets delivered a “mixed performance”. They saw a net outflow of $2bn during Q3 bringing its assets under management to $51.9bn.
Mitie Group state that they expect their FY24 revenue to grow by circa 11% to at least £4.5bn, up from £4.06bn YoY. They expect their FY24 projects revenue to exceed £1bn.
PageGroup posts a Q1 gross profit of £219.7m, down from £263m YoY. They state that the slower end to Q4 2023 has continued into Q1 2024 and they anticipate a period of low confidence levels.
Exane BNP Upgrades Mondi to Neutral from Underperform (1 Buy / 2 Holds / 0 Sells)
UBS Upgrades Crest Nicholson to Buy from Neutral (3 Buys / 5 Holds / 0 Sells)
UK
Mitie
US
Goldman Sachs
UK
IntegraFin Holdings
Ninety One
Oxford Instuments
QinetiQ
US
Bank of America Corp
Johnson & Johnson
Morgan Stanley
UnitedHealth Group
IMF Meeting
Fed’s Logan speech
EU Industrial Production
BoE’s Breeden speech
US NY Empire State Manufacturing Index
US Retail Sales
US Retail Sales Control Group
US Retail Sales ex Autos
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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