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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
Persimmon PLC | 1,234.5 | 5.5% |
London Stock Exchange Group PLC | 11,055.0 | 3.4% |
Rolls-Royce Holdings PLC | 747.4 | 2.0% |
Barratt Redrow PLC | 434.9 | 1.9% |
Fresnillo PLC | 854.0 | 1.9% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
International Consolidated Airlines Group S.A. | 291.5 | -6.1% |
Rentokil Initial PLC | 323.4 | -4.6% |
Intertek Group PLC | 4,960.0 | -4.1% |
Diploma PLC | 4,016.0 | -4.0% |
Spirax Group PLC | 6,750.0 | -3.9% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 8,496 | -1.2% | 9.7% |
DOW JONES INDUS. AVG | 41,433 | -1.1% | 6.2% |
DAX INDEX | 22,329 | -1.3% | 24.3% |
NIKKEI 225 | 36,819 | 0.1% | -5.1% |
S&P/ASX 200 INDEX | 7,786 | -1.3% | 1.0% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 66.37 | 0.18% |
Brent Crude (ICE) | USD/bbl. | 69.72 | 0.23% |
Gold Spot | USD/t oz. | 2,913 | -0.1% |
Copper (Comex) | USd/lb. | 479 | 0.6% |
The UK 100 called to open +22 points at 8,517. The UK 100 looks set to open modestly higher this morning.
The S&P ended the session 0.76% lower, falling to 5,572.07. At its low of Tuesday’s session, the index was 10% below its record close. The Dow Jones lost 478.23 points, or 1.14%, to close at 41,433.48. The Nasdaq slipped 0.18%, closing at 17,436.10. The S&P 500 was in the green at one point during the trading session before Trump declared on Truth Social that Canadian steel and aluminum duties would double to 50% from 25%, effective Wednesday. The president made the move in response to Ontario Premier Doug Ford’s surcharge on electricity exported to the U.S. Later in the day, Ford said he was temporarily suspending the 25% surcharge after talking with Commerce Secretary Howard Lutnick.
In focus today will be the consumer price index read out of the US at the 12.30pm (GMT).
Balfour Beatty has hiked its dividend after the construction giant reported a bumper year. On Wednesday, the London-listed firm recommended a final dividend per share of 12.5p, up nine per cent from last year’s 11.5p. Basic earnings per share also rose from 34.2p to 43.6p. Balfour Beatty is also in the process of a multi-year share buyback programme and announced its intention to repurchase £125m of shares in 2025. The net result means shareholders can expect around £188m in returns in 2025, up from £161m in 2024. Balfour Beatty announced the cash returns as its order book swelled to £18.4bn in 2024 and its annual pre-tax profit jumped from £214m to £289m.
Legal & General Group has unveiled a 5% dividend hike and a £500 million share buyback, though profits for last year were very slightly below expectations. The size of the life insurer’s buyback was larger than many analysts’ predictions, with figures below £400 million having generally been forecast.
No New Broker Comments
UK
4imprint Group (FOUR)
Balfour Beatty (BBY)
Hill & Smith (HILS)
Hochschild Mining (HOC)
Legal & General Group (LGEN)
US
Adobe (ADBE) AMC
UiPath (PATH) AMC
UK
OSB Group (OSB)
Savills (SVS)
Halma (HLMA)
Trainline (TRN)
US
DocuSign (DOCU) AMC
German 10-y Bond Auction
US Consumer Price Index
Fed’s Musalem speech
US Monthly Budget Statement
UK 100 companies going ex-dividend on 13th March 2025:
Endeavour Mining
NatWest Group
Anglo American
Entain
UK 250 companies going ex-dividend on 13th March 2025:
Safestore Holdings
Dunelm Group
JPMorgan Emerging Markets Invest Trust
Tritax Big Box REIT
Apax Global Alpha
SDCL Energy Efficiency Income Trust
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