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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Anglo American PLC | 2,171.5 | 3.7% |
| Fresnillo PLC | 604.0 | 3.3% |
| Rio Tinto PLC | 5,398.0 | 2.7% |
| Antofagasta PLC | 2,268.0 | 2.7% |
| Croda International PLC | 4,923.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Segro PLC | 830.6 | -1.7% |
| GSK PLC | 1,585.8 | -1.5% |
| Flutter Entertainment PLC | 14,819.0 | -1.2% |
| Sage Group PLC | 1,150.0 | -1.1% |
| Pershing Square Holdings LTD | 3,850.0 | -1.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,848 | 0.4% | -0.8% |
| DOW JONES INDUS. AVG | 37,753 | -0.1% | 11.1% |
| DAX INDEX | 17,770 | 0.0% | 11.9% |
| NIKKEI 225 | 38,080 | 0.3% | 32.9% |
| S&P/ASX 200 INDEX | 7,642 | 0.5% | 3.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 82.78 | 0.11% |
| Brent Crude (ICE) | USD/bbl. | 87.45 | 0.18% |
| Gold Spot | USD/t oz. | 2,379 | 0.8% |
| Copper (Comex) | USd/lb. | 443 | 1.6% |
Click graph to enlarge
The UK 100 called to open +51 points at 7,899. The UK 100 looks set to open higher this morning, adding to yesterday’s strong rebound from the fall earlier in the week, a momentary respite in knife-edge tensions between Iran and Israel appears to be bolstering market sentiment for now. Stateside yesterday saw the S&P dropped for a fourth consecutive session, as Nvidia and other struggling technology names put downward pressure on the market. The broad index lost 0.58% to 5,022.21, while the technology-heavy Nasdaq slid 1.15% to 15,683.37. The Dow Jones fell 45.66 points, or 0.12%, to 37,753.31, despite rising nearly 238 points at its high of the day.
AJ Bell report that their assets under administration on March 31st were £80.3bn, up 17% YoY, up 5% QoQ. Their Q2 gross inflows came in at £3.4bn, net inflows £1.6bn and investments net flows of £0.4bn.
Deliveroo reported a return to order growth in Q1, with a 2% increase YoY driven by its operations in France, UAE and Hong Kong plus continued strength in Italy.
Dunelm have forecast for their gross margins to grow this year after they reported a rise in sales during Q3 on higher volumes as offers continued to attract customers back to their stores. Their total sales in the three months ended March 30th, rose 3% to £435m.
EasyJet have reduced their winter losses by more than £50m compared with last year as demand for its flights and holidays was building for the key summer season. Their H1 headline EBIT loss came in at £340m, down from £392m YoY.
Rentokil Initial are confident in achieving 2-4% organic revenue growth in North America in 2024, as good growth momentum was sustained in all regions in Q1.
Deutsche Bank Upgrades International Distribution Services to Hold from Sell (3 Buys / 4 Holds / 2 Sells)
HSBC Downgrades Flutter Entertainment to Hold from Buy (17 Buys / 1 Hold / 0 Sells)
UK
AJ Bell
Dunelm Group
Rentokil Initial
Segro
easyJet
Centamin
US
Blackstone
Taiwan Semiconductor Manufacturing
Intuitive Surgical
Netflix
UK
Man Group
US
American Express
Procter & Gamble
SLB
EU leaders summit
IMF Meeting
US Initial Jobless Claims
Philadelphia Fed Manufacturing Survey
Fed’s Williams speech
Existing Home Sales Change
Fed’s Bostic speech
Fed’s Bostic speech
Japanese National Consumer Price Index
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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