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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Intercontinental Hotels Group PLC | 8,530.0 | 2.4% |
| International Consolidated Airlines Group S.A. | 151.0 | 2.2% |
| BT Group PLC | 108.6 | 1.6% |
| Beazley PLC | 582.0 | 1.5% |
| B&M European Value Retail S.A. | 524.2 | 1.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| HSBC Holdings PLC | 589.8 | -8.4% |
| Centrica PLC | 129.3 | -3.1% |
| Entain PLC | 898.8 | -2.6% |
| Flutter Entertainment PLC | 16,165.0 | -2.6% |
| Ocado Group PLC | 519.0 | -2.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,663 | -0.7% | -3.4% |
| DOW JONES INDUS. AVG | 38,612 | 0.1% | 16.9% |
| DAX INDEX | 17,118 | 0.3% | 11.2% |
| NIKKEI 225 | 39,099 | 2.2% | 44.3% |
| S&P/ASX 200 INDEX | 7,611 | 0.0% | 4.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 78.22 | 0.40% |
| Brent Crude (ICE) | USD/bbl. | 83.33 | 0.36% |
| Gold Spot | USD/t oz. | 2,031 | 0.2% |
| Copper (Comex) | USd/lb. | 390 | 0.4% |
Click graph to enlarge
The UK 100 called to open +21 points at 7,684. The UK 100 looks set to open higher this morning, following on from a bounce on Wall Street yesterday, which saw both the S&P and Dow Jones both clambered out of the red just before the closing bell, both up 0.13%, while the tech-heavy Nasdaq was unable to get its head back above water, finishing 0.32% lower. In Asia, Japan’s Nikkei has set a new all-time closing high, beating a record set 34 years ago, with tech stocks leading the way after a boost from NVIDIA Inc earnings after the New York closing bell.
Anglo American’s FY profit plunged 94%, hit by weak prices and higher costs at its diamond, platinum and iron ore businesses. They have taken a $1.6bn impairment charge on its De Beers diamond business owing to faltering demand.
Hargreaves Lansdown report a H1 FY24 pretax profit of £182.5m, down from £197.6m YoY. They have increased their dividend by 4% to 13.2p, up from 12.7p YoY.
Hays report that their HY net fees were £583.3m, down from £651.9m YoY.
Lloyds reported a 57% jump in their annual profit for FY 2023 to £7.5bn, up from £4.8bn YoY and slightly above the £7.4bn average of analyst forecasts compiled by the bank. They have set aside £450m for the motor finance review being carried out by the FCA into commission arrangements on car financing. They announced a final dividend of 1.84p and a share buyback of £2bn.
Mondi reports a 2023 pretax profit of 682m euros, down from 1.56bn euros YoY. They expect their projects to deliver meaningful EBITDA contribution from 2025, as they are well positioned to capitalise as demand improves.
Rolls-Royce have reported that their annual profit more than doubled last year, beating consensus. They reported a FY operating profit of £1,944m. They have forecast a further jump in their profits this year as aircrafts powered by its engines fly more, its power business improves and defence orders continue to flow.
WPP state that their Like-for-Like revenue less pass-through costs rose 0.3% in the final quarter, as weak spending by US tech, healthcare and retail clients held back growth in Britain and India.
Berenberg Upgrades Moneysupermarket.com to Buy from Hold (3 Buys / 4 Holds / 0 Sells)
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
UK
Standard Chartered
US
Berkshire Hathaway
EcoFin Meeting
German HCOB Services PMI
German HCOB Manufacturing PMI
German HCOB Composite PMI
EU HCOB Services PMI
EU HCOB Manufacturing PMI
EU HCOB Composite PMI
UK S&P Global/CIPS Services PMI
UK S&P Global/CIPS Manufacturing PMI
UK S&P Global/CIPS Composite PMI
EU Core Harmonized Index of Consumer Prices
EU ECB Monetary Policy Meeting Accounts
US Initial Jobless Claims
US S&P Global Services PMI
US S&P Global Composite PMI
US S&P Global Manufacturing PMI
US Existing Home Sales Change
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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