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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Entain PLC | 813.6 | 3.8% |
| Smith (Ds) PLC | 351.6 | 3.4% |
| Anglo American PLC | 3,732.8 | 3.4% |
| Frasers Group PLC | 818.0 | 2.8% |
| Prudential PLC | 741.0 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Jd Sports Fashion PLC | 117.2 | -2.4% |
| Ashtead Group PLC | 5,966.0 | -2.3% |
| Rolls-Royce Holdings PLC | 413.3 | -1.9% |
| Centrica PLC | 131.3 | -1.8% |
| Intercontinental Hotels Group PLC | 7,902.0 | -1.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,147 | 0.1% | 3.5% |
| DOW JONES INDUS. AVG | 38,386 | 0.4% | 12.6% |
| DAX INDEX | 18,118 | -0.2% | 13.8% |
| NIKKEI 225 | 38,406 | 1.2% | 33.1% |
| S&P/ASX 200 INDEX | 7,664 | 0.4% | 4.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 82.43 | -0.24% |
| Brent Crude (ICE) | USD/bbl. | 88.26 | -0.16% |
| Gold Spot | USD/t oz. | 2,321 | -0.6% |
| Copper (Comex) | USd/lb. | 465 | -0.5% |
Click graph to enlarge
The UK 100 called to open +14 points at 8,161. The UK 100 looks set to open higher again this morning, extending its run of strong opens, as the index continues to trade around all time highs, Shop price inflation eased to 0.8% in April from 1.3% in March, according to research from the British Retail Consortium, which said this was lowest since December 2021. Stocks Stateside closed higher Monday, lifted by Tesla, while traders geared up for a week dominated by corporate earnings and a Federal Reserve meeting. The S&P rose 0.32% to 5,116.17, while the Nasdaq added 0.35% to 15,983.08. The Dow Jones added 146.43 points, or 0.38%, to end at 38,386.09.
Glencore says their Q1 copper production came in at 239.7 kt v 244.1kt YoY as they state that FY production guidance remains unchanged from the start of 2024. Q1 Nickel production came in at 23.8kt v 20.9kt YoY.
Hargreaves Lansdown report that their Q1 net new business came in at £1.6bn, up from £400m in Q4 as they state that business momentum has continued into April.
HSBC reported a 1.8% drop in Q1 profit as they struggle to cope with rising costs from expansion in Asia amid inflationary pressures. Their Q1 pretax profit came in at $12.7bn, down from $12.9bn YoY. The results were better than the $12.6bn average of analysts’ forecasts compiled by the bank. They also announced a further $3bn of share buybacks. Also their CEO Noel Quinn will retire.
Prudential update that their Q1 new business profit came in at $810m, up 11% excluding economic impacts.
St James’s Place reported arise in its funds under management for Q1, aided by a strong period of investment returns. Funds under management climbed to £179.04 by March 31st, up from £153.62bn YoY. Net inflows stood at £0.71bn, compared with £0.77bn in Q4 2023.
Whitbread report that their FY24 pretax profit came in at £452m, up 21% YoY from £375m. They have increased their FY24 total dividend by 31%, to 97p per share. They are still “confident” in their medium-term prospects, as they expect profitability “step change”.
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UK
Computacenter
GSK
Haleon
Next
Smith & Nephew
Aston Martin Lagonda Global Holdings
US
3M Co
Coca-Cola
Eli Lilly and Co
McDonald’s Corp
Starbucks Corp
Advanced Micro Devices
Amazon.com
Lemonade
Mondelez
PayPal Holdings
UK
Coca-Cola HBC
Elementis
Glencore
HSBC Holdings
Hargreaves Lansdown
Howden Joinery Group
Rotork
St James’ Place
Whitbread
US
Automatic Data Processing
Barrick Gold
The Estee Lauder Companies
The Kraft Heinz Co
Mastercard
Pfizer
Etsy
Qualcomm Inc
Chinese NBS Manufacturing PMI
Chinese NBS Non-Manufacturing PMI
Chinese Caixin Manufacturing PMI
German Retail Sales
German Unemployment Rate s.a.
German Gross Domestic Product
EU Core Harmonized Index of Consumer Prices
EU Gross Domestic Product
US Employment Cost Index
US Housing Price Index
US Chicago Purchasing Managers’ Index
US Consumer Confidence
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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