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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| International Consolidated Airlines Group S.A. | 184.3 | 3.9% |
| Beazley PLC | 660.5 | 2.8% |
| Informa PLC | 852.4 | 2.5% |
| Halma PLC | 2,337.3 | 2.3% |
| RS Group PLC | 805.0 | 2.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 349.5 | -2.9% |
| Phoenix Group Holdings PLC | 507.5 | -1.9% |
| Glencore PLC | 460.7 | -1.6% |
| Rio Tinto PLC | 5,523.0 | -1.2% |
| Jd Sports Fashion PLC | 117.5 | -1.1% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 8,354 | 0.5% | 7.4% |
| DOW JONES INDUS. AVG | 39,056 | 0.4% | 16.2% |
| DAX INDEX | 18,498 | 0.4% | 16.0% |
| NIKKEI 225 | 38,202 | -1.6% | 30.6% |
| S&P/ASX 200 INDEX | 7,804 | 0.1% | 7.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 79.22 | 1.07% |
| Brent Crude (ICE) | USD/bbl. | 83.78 | 0.75% |
| Gold Spot | USD/t oz. | 2,309 | -0.2% |
| Copper (Comex) | USd/lb. | 454 | -1.4% |
Click graph to enlarge
The UK 100 called to open +25 points at 8,360. UK 100 is set to open higher again on Thursday, ahead of the latest interest rate decision from the bank of England at 12pm today. They are expected to hold rates at 5.25%, but the focus will be on whether the central bank lays the groundwork for a June rate cut. In the US on Wednesday, Wall street ended mixed, with the Dow closing +0.4%, S&P little unchanged and Nasdaq -0.2%. In Asia overnight Tokyo closed marginally down, Shanghai +0.9% and Hong Kong +1.3%.
BAE Systems says 2024 trading is progressing in line with expectations.
Balfour Beatty continues to expect their 2024 average cash to be in line with 2023. In Q1 2024 their average monthly closing net cash balance was £756m.
ITV reported that their revenue would jump around 12% in Q2, boosted by the Euros football competition which will kick off in June. They reported a 6% drop in total external revenue in Q1 to £727m.
John Wood Group expects to deliver significant free cash flow in 2025. Their order book value at March 31st came in at $6.2bn, up 9% YoY.
Prudential have shut down their Hong Kong wealth management business Pulse wealth, as part of a wider push to streamline its business.
Watches of Switzerland buys Roberto Coin Inc for $130m.
No new broker comments
UK
3i Group
Airtel Africa*
Balfour Beatty
Derwent London
Harbour Energy
ITV
Rathbone Brothers
Spire Healthcare*
Wood Group (John)
IMI
US
Fiverr International
Roblox
Takeda Pharmaceutical
Viatris
Cleanspark
Jackson Financial
Marathon Digital
UK
3i Infrastructure*
International Consolidated Airlines Group
TBC Bank Group
CRH
US
None
Chinese Exports
Chinese Imports
Chinese Trade Balance
BoE Asset Purchase Facility
BoE Interest Rate Decision
BoE Minutes
BoE Monetary Policy Report
BoE MPC Vote Rate Cut
BoE MPC Vote Rate Hike
BoE MPC Vote Rate Unchanged
BoE Monetary Policy Report
BoE’s Governor Bailey speech
US Initial Jobless Claims
UK 100 companies going ex-dividend on 9th May 2024:
HSBC Holdings
Admiral Group
UK 250 companies going ex-dividend on 9th May 2024:
Petershill Partners
SThree
Ibstock
Barr (A.G.)
Bellevue Healthcare Trust
Lancashire Holdings
Clarkson
Fidelity Special Values
Balanced Commercial Property Trust
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