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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Anglo American PLC | 2,563.0 | 16.2% |
| Barclays PLC | 206.1 | 7.8% |
| Astrazeneca PLC | 11,976.0 | 5.5% |
| Unilever PLC | 4,055.0 | 5.0% |
| Antofagasta PLC | 2,229.0 | 2.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Legal & General Group PLC | 232.3 | -6.6% |
| Schroders PLC | 348.4 | -5.1% |
| St. James’s Place PLC | 421.8 | -5.0% |
| Pershing Square Holdings LTD | 3,822.0 | -4.3% |
| Sainsbury (J) PLC | 257.2 | -4.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,079 | 0.5% | 2.9% |
| DOW JONES INDUS. AVG | 38,086 | -1.0% | 14.4% |
| DAX INDEX | 17,917 | -1.0% | 12.9% |
| NIKKEI 225 | 37,935 | 0.8% | 33.6% |
| S&P/ASX 200 INDEX | 7,576 | -1.4% | 3.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 84.01 | 0.53% |
| Brent Crude (ICE) | USD/bbl. | 89.51 | 0.56% |
| Gold Spot | USD/t oz. | 2,340 | 0.3% |
| Copper (Comex) | USd/lb. | 459 | 1.1% |
Click graph to enlarge
The UK 100 called to open +61 points at 8,140. The UK 100 looks set to continue its strong performance for the week, expected this morning to once again break through another all-time high at the open, aided this week by strong earnings from some of the index’s heavyweights. It was a slightly different picture on Wall Street yesterday where we saw declines in all three major indices, the Dow Jones slid 375.12 points, or 0.98%, to close at 38,085.80. The S&P gave up 0.46% to finish the session at 5,048.42, and the Nasdaq lost 0.64% to 15,611.76. Futures however look stronger in early trading.
Anglo American rejects BHP’s takeover offer, saying it “significantly” undervalues the company.
Pearson report that they have started the year well, with a 3% rise in adjusted underlying sales in Q1 and an expectation that growth would accelerate in H2.
NatWest Q1 profit fell by a less-than-expected 27%, hit by a hiatus in rising central bank interest rates that drove mortgage market competition and squeezed margins across the banking sector. They reported a pretax operating profit for Q1 of £1.3bn, down from £1.8bn YoY and just above average analyst forecasts of £1.2bn.
Senior says their trading in Q1 was in line with expectations as they maintain their FY outlook.
HSBC Upgrades ABRDN to Hold (2 Buys / 4 Holds / 4 Sells)
HSBC Upgrades Ashtead to Buy (8 Buys / 5 Holds / 0 Sells)
Peel Hunt Downgrades Convatec Group to Reduce from Add (9 Buys / 4 Holds / 0 Sells)
UK
Natwest Group
Pearson
Smurfit Kappa Group
US
AbbVie
Aon
Ball Corp
Chevron
Exxon Mobil
UK
Beazley
US
MicroStrategy
BoJ Interest Rate Decision
BoJ Monetary Policy Statement
BoJ Outlook Report
BoJ Press Conference
US Core Personal Consumption Expenditures – Price Index
US Personal Consumption Expenditures – Price Index
US Personal Income
US Personal Spending
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 2nd May 2024:
RELX
Glencore
UK 250 companies going ex-dividend on 2nd May 2024:
Inchcape
GCP Infrastructure Investments
Coats Group
Genuit Group
4imprint Group
Hiscox
Elementis
Senior
Edinburgh Investment Trust
IWG
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