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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Barclays PLC | 162.2 | 8.9% |
| Intercontinental Hotels Group PLC | 8,296.0 | 4.9% |
| Aviva PLC | 442.4 | 2.8% |
| Marks And Spencer Group PLC | 243.6 | 2.1% |
| Centrica PLC | 133.3 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Rio Tinto PLC | 5,224.0 | -3.8% |
| Anglo American PLC | 1,718.0 | -3.4% |
| Scottish Mortgage Investment Trust PLC | 772.6 | -3.1% |
| Rightmove PLC | 540.4 | -1.8% |
| Airtel Africa PLC | 94.3 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,719 | -0.1% | -3.2% |
| DOW JONES INDUS. AVG | 38,564 | -0.2% | 16.4% |
| DAX INDEX | 17,068 | -0.1% | 10.9% |
| NIKKEI 225 | 38,262 | -0.3% | 39.3% |
| S&P/ASX 200 INDEX | 7,608 | -0.7% | 3.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 78.18 | -1.28% |
| Brent Crude (ICE) | USD/bbl. | 82.55 | 0.25% |
| Gold Spot | USD/t oz. | 2,029 | 0.2% |
| Copper (Comex) | USd/lb. | 389 | 0.3% |
Click graph to enlarge
The UK 100 called to open -3 points at 7,716. The UK 100 looks set to open marginally lower this morning, following its first negative day in 5 sessions yesterday, on Wall Street the Dow Jones dipped 64.19 points, or 0.17%, settling at 38,563.80. The S&P slipped 0.60% to end at 4,975.51. The tech-heavy Nasdaq lost 0.92% to close at 15,630.78.
BAE Systems posted a 14% jump in annual earnings, beating guidance and said they expected further growth in 2024 as government orders for defence equipment surged due to rising geopolitical tensions. Underlying EPS came in at 63.2p, compared with a consensus forecast of 62.5p. They recorded sales of £25.3bn last year, up 9% on 2022.
Glencore have said lower commodity prices have halved their earnings last year as they slashed their payout to investors, as the company saves to fund the acquisition of a 77% stake in Teck Resources’ metallurgical coal business. Their EBITDA halved to $17.1bn, from $34.1bn a year earlier, in line with analysts’ consensus estimates of $17.15bn.
GSK’s ViiV reports positive results from Lattitude phase III trial.
HSBC reported a 78% jump in FY profit, a record high gain on high interest rates, but missed forecasts as it was hit by an impairment from its stake in a Chinese bank. They reported a pretax profit of $30.3bn for 2023, up from $17.5bn YoY. The results were worse than the $34.1bn average broker estimates. There was a $3bn impairment on the bank’s stake in China’s Bank of Communications.
Rio Tinto reported an 11% drop in FY underlying earnings, as lower contributions from its aluminium business amid weaker prices countered production gains at the iron ore segment. Their underlying earnings came in at $11.8bn for 2023, down from $13.28bn YoY. This was largely in line with LSEG estimate of $11.7bn.
Tate & Lyle have forecast their annual revenue to come “slightly” below year-ago levels due to softer demand and phasing of orders in Q4. They posted a 4% drop YoY in revenues for the three-month period ended Dec 31st.
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UK
BAE Systems
Glencore
HSBC Holdings
Rio Tinto
Tate & Lyle
US
Etsy
Jackson Financial
Lucid Group
NVIDIA
Rivian Automotive
UK
Anglo American
Genus
Hargreaves Lansdown
Hays
Indivior
Jupiter Fund Management
Lloyds Banking Group
Mondi
Morgan Sindall
Pantheon International
Rolls Royce Group
WPP
US
Fiverr International
Keurig Dr Pepper
Moderna
Newmont
Block
Intuit
EU Consumer Confidence
FOMC Minutes
UK 100 companies going ex-dividend on 22nd February 2024:
Endeavour Mining
AstraZeneca
Land Securities Group
GSK
Unilever
UK 250 companies going ex-dividend on 22nd February 2024:
BBGI Global Infrastructure S.A.
Tritax EuroBox GBP
BlackRock Throgmorton Trust
Virgin Money UK
easyJet
Redrow
Witan Investment Trust
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