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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Beazley PLC | 636.0 | 9.3% |
| Rolls-Royce Holdings PLC | 358.2 | 8.7% |
| Lloyds Banking Group PLC | 45.8 | 5.9% |
| Hikma Pharmaceuticals PLC | 2,093.0 | 4.8% |
| Scottish Mortgage Investment Trust PLC | 794.6 | 4.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| WPP PLC | 736.0 | -5.7% |
| Endeavour Mining PLC | 1,261.0 | -3.9% |
| Tesco PLC | 276.5 | -3.2% |
| Land Securities Group PLC | 629.8 | -2.5% |
| SSE PLC | 1,577.0 | -2.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,684 | 0.3% | -3.1% |
| DOW JONES INDUS. AVG | 39,069 | 1.2% | 18.2% |
| DAX INDEX | 17,370 | 1.5% | 12.8% |
| 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. | 78.54 | 0.81% |
| Brent Crude (ICE) | USD/bbl. | 83.52 | 0.59% |
| Gold Spot | USD/t oz. | 2,023 | -0.2% |
| Copper (Comex) | USd/lb. | 391 | 0.5% |
Click graph to enlarge
The UK 100 called to open -2 points at 7,690. UK 100 is set to open flat on Friday, continuing to miss out on AI-driven gains seen in equity markets across the globe. Yesterday Wall Street rallied with the Dow closing +1.2%, S&P +2.1% (both notching new record highs) and the Nasdaq +3%, closing just shy of its all-time high. In Asia on Friday the Nikkei closed +2.2%, Shanghai +0.6% and Hang Seng +0.1%.
Smith & Nephew CFO Anne-Francoise Nesmes is to join Sanofi’s board on April 30th.
Standard Chartered reported that their 2023 pretax profit rose 18%, in line with forecasts, and rewarded shareholders with a $1bn share buyback. Their statutory pretax profit for 2023 came in at $5.09bn, in line with $5.1bn expected by average analyst estimates. They took a $850m impairment from its stake in Chinese lender Bohai Bank, its second time writing down the value of the unit as the lender was hit by increasing bad loans as growth in China slowed. They expect their income to grow 5-7% between 2024 and 2026.
Barclays Downgrades Domino’s Pizza to Equal Weight from Overweight (4 Buys / 2 Holds / 0 Sells)
UK
Standard Chartered
US
Berkshire Hathaway
UK
Bunzl
US
Unity Software
Zoom Video Communications
UK GfK Consumer Confidence
EcoFin Meeting
German Gross Domestic Product
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
Fed Monetary Policy Report
UK 100 companies going ex-dividend on 29th February 2024:
Barclays
Diageo
UK 250 companies going ex-dividend on 29th February 2024:
Diversified Energy Company
Plus500
Ashmore Group
JLEN Environmental Assets Group
North Atlantic Smaller Companies Inv Tst
HICL Infrastructure
Hargreaves Lansdown
LondonMetric Property
Hays
Scottish American Investment Company
Alliance Trust
Genus
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