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Morning Report - 20 May 2024

Yesterday’s UK 100 Leaders Price (p) % Chg
Antofagasta PLC 2365p 3.6%
Fresnillo PLC 615p 3.4%
Rio Tinto PLC 5785p 2.4%
Sage Group PLC 1106p 2%
Anglo American PLC 2678p 1.9%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Entain PLC 722p -5.5%
Ashtead Group PLC 5764p -4.5%
Burberry Group PLC 1100p -3.5%
Auto Trader Group PLC 730p -3.3%
Spirax-Sarco Engineering PLC 9275p -3.2%

 

Major World Indices Price % Chg 1 YEAR
UK 100 INDEX 8,438 -0.2% 8.6%
DOW JONES INDUS. AVG 40,023 0.3% 20.8%
DAX INDEX 18,725 -0.8% 18.3%
NIKKEI 225 38,920 1.4% 29.3%
S&P/ASX 200 INDEX 7,881 1.7% 9.5%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 79.07 0.56%
Brent Crude (ICE) USD/bbl. 83.07 0.39%
Gold Spot USD/t oz. 2,381 -0.2%
Copper (Comex) USd/lb. 486 -1.3%
The UK 100 called to open +11 points at 8,430

4 Hours; 12 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open +11 points at 8,430. UK 100 is set to open higher on Monday, replicating the decent start to the week seen in Asian equities, ahead of the key inflation data (CPI) out of the UK on Wednesday morning. The Dow closed +0.3%, S&P +0.1% and Nasdaq -0.1%. In Asia Tokyo +0.7%, Shanghai +0.5% and Hong Kong +0.4%.

 

 

Company News & Broker Comments:

Company News:

AstraZeneca are planning to buy a $1.5bn manufacturing facility in Singapore.

 

British Land announces the sale of 50% stake in Meadowhall shopping centre for £360m.

 

Hilton Foods says trading since Jan 1st has been in line with own expectations.

 

Marks & Spencer has apologised to its customers after their website and app went offline for several hours because of a “technical issue”.

 

Ryanair’s revenue has climbed 25% to 13.44bn euros after higher customer figures helped boost its profits. Their FY pretax profit came in at 2.13bn euros, up from 1.44bn euros YoY.

 

 

Broker Comments:

No new broker comments

Reporting Today:

UK

 

Kainos Group Ltd

 

 

US

 

Palo Alto Networks

Zoom Video Communications

 

 

Reporting Tomorrow:

UK

 

Assura PLC

Caledonia Investments PLC

Cranswick PLC

Kingfisher PLC

Pennon Group PLC

SSP Group PLC

Smiths Group PLC

 

US

 

Xpeng

 

 

 

In Focus Today:

PBoC Interest Rate Decision

BoE’s Broadbent speech

German German Buba Monthly Report

Fed’s Bostic speech

Fed’s Barr speech

Fed’s Bostic speech

 

 

This Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 23rd May 2024:

 

DCC

Whitbread

Imperial Brands

Diploma

 

 

UK 250 companies going ex-dividend on 23rd May 2024:

 

 

TI Fluid Systems

NextEnergy Solar Fund

Diversified Energy Company

Bluefield Solar Income Fund

BlackRock Smaller Companies Trust

Tritax EuroBox GBP

HICL Infrastructure

Tritax Big Box REIT

Grainger

Spire Healthcare Group

Scottish American Investment Company

Bellway

BlackRock Greater Europe Inv Trust

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