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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Diploma PLC | 4,062.0 | 4.1% |
| BT Group PLC | 109.1 | 3.5% |
| International Consolidated Airlines Group S.A. | 186.0 | 2.7% |
| 3I Group PLC | 2,923.0 | 2.5% |
| Kingfisher PLC | 265.9 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| BAE Systems PLC | 1,350.0 | -3.2% |
| Intertek Group PLC | 4,894.0 | -2.1% |
| Spirax-Sarco Engineering PLC | 9,160.0 | -2.0% |
| Frasers Group PLC | 816.5 | -1.9% |
| Admiral Group PLC | 2,700.0 | -1.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,417 | -0.2% | 8.8% |
| DOW JONES INDUS. AVG | 39,508 | 0.0% | 18.6% |
| DAX INDEX | 18,742 | -0.2% | 17.7% |
| NIKKEI 225 | 38,179 | -0.1% | 29.9% |
| S&P/ASX 200 INDEX | 7,750 | 0.0% | 6.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 78.95 | 0.88% |
| Brent Crude (ICE) | USD/bbl. | 83.26 | 0.57% |
| Gold Spot | USD/t oz. | 2,336 | -1.1% |
| Copper (Comex) | USd/lb. | 473 | 1.4% |
Click graph to enlarge
The UK 100 called to open +1 point at 8,411. UK 100 is called to open flat on Tuesday, just off record highs amid a lack of positive macro catalysts before the release of US economic data this week, notably US CPI inflation data tomorrow. The key data for today will be the US PPI print at 1:30pm. Wall Street ended mixed with the Dow closing -0.2%, S&P down slightly and US Tech +0.3%. In Asia the Nikkei closed +0.2%, Shanghai -0.1% and Hang Seng -0.1%.
Anglo American: BHP Group are likely to sweeten their $43bn takeover offer for Anglo American for a second time and possibly add cash, after the latest bid was rejected.
DCC says their FY24 post-tax profit of £423.7m was down 1.8%from £431.6m YoY.
Flutter report that their Q1 net loss of $177m, widened from $111m YoY.
Greggs reported underlying sales growth of 7.4% for the first 19 weeks of 2024 and said its expectations for the FY are unchanged.
Virgin Money expects their costs to increase in H2 due to inflation and higher investments, adding that its profitability would also be hurt by growing competition and lower interest rates.
Vodafone met market forecasts by reporting a 2.2% increase in organic earnings for the year to end-March after excluding the Spanish and Italian operations it has agreed to sell. They posted core earnings of 11.2bn euros, in line with forecasts and an adjusted free cash flow of 2.6bn euros, ahead of market expectations of £2.44bn euros.
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UK
Greggs PLC
Virgin Money PLC
DCC PLC
Marston’s PLC*
Vodafone Group PLC
Flutter Entertainment PLC
On The Beach Group PLC
US
Alibaba Group Holding
The Home Depot
UK
TUI AG
Burberry Group PLC
Vanquis Banking Group PLC
Britvic PLC
Experian PLC
Compass Group PLC
Imperial Brands PLC
Spirax-Sarco Engineering PLC
US
Cisco Systems
The Trade Desk
UK Average Earnings
UK Claimant Count Change
UK Employment Change
UK ILO Unemployment Rate
EcoFin Meeting
BoE’s Pill speech
EU ZEW Survey – Economic Sentiment
US Producer Price Index
UK 100 companies going ex-dividend on 16th May 2024:
Kingfisher
Tesco
Bunzl
BP
Shell
Unilever
GSK
Pershing Square Holdings
UK 250 companies going ex-dividend on 16th May 2024:
RHI Magnesita N.V.
PageGroup
Balfour Beatty
Octopus Renewables Infrastructure Trust
Renewables Infrastructure Group
Greencoat UK Wind
Spectris
Essentra
Murray Income Trust
Witan Investment Trust
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