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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Jd Sports Fashion PLC | 149.6 | 2.2% |
| B&M European Value Retail S.A. | 565.2 | 2.0% |
| Frasers Group PLC | 808.5 | 0.5% |
| Fresnillo PLC | 526.0 | 0.1% |
| Convatec Group PLC | 221.8 | 0.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Antofagasta PLC | 1,447.5 | -3.7% |
| Glencore PLC | 418.1 | -3.6% |
| HSBC Holdings PLC | 600.4 | -3.4% |
| Phoenix Group Holdings PLC | 523.5 | -3.0% |
| Abrdn PLC | 177.1 | -3.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,379 | -1.7% | -1.2% |
| DOW JONES INDUS. AVG | 35,033 | -0.8% | 3.2% |
| DAX INDEX | 15,748 | -1.0% | 14.2% |
| NIKKEI 225 | 32,239 | 0.6% | 11.7% |
| S&P/ASX 200 INDEX | 7,305 | 0.4% | 3.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 80.99 | -1.84% |
| Brent Crude (ICE) | USD/bbl. | 84.83 | -1.60% |
| Gold Spot | USD/t oz. | 1,909 | 0.1% |
| Copper (Comex) | USd/lb. | 372 | -1.1% |
Click graph to enlarge
The UK 100 called to open -20 points at 7,369. The UK 100 looks set to take its lead from Asian markets this morning, with a softer opening, despite data this morning that showed the consumer prices index rose by 6.8% in the 12 months to July, down from 7.9% in June, and in line with predictions from the Bank of England and the City consensus. Yesterday saw the S&P 500 index fell 1.2% and the Dow Jones Industrial Average closed 1% lower as ratings agency Fitch warned it could downgrade the country’s major banks. Shares in lenders including Bank of America and JP Morgan Chase fell by around 3%. In Asia, this morning, the Hang Seng index is down by 1.5% and the Shanghai Composite off 0.7%.
Admiral Group posted a marginal rise in its H1 pretax profit as higher claims were offset by price hikes, although the British motor and home insurer trimmed its interim dividend by 15%. The group profit before tax rose to £233.9m in H1, up from £224.6m a year earlier.
Aviva posted an 8% rise in H1 operating profit to £715m, helped by strong performance in general and health insurance. Analysts had forecast an operating profit of £701m. Aviva have estimated a FY 2023 operating profit growth of 5-7% and expect to exceed their medium-term targets.
Balfour Beatty reports a H1 net income of £63m and state that they are on track to meet FY expectations.
Marshalls have cut around 250 jobs across the group in the wake of challenging conditions in the housing sector. They reported a 26% slump in their HY profit.
Barclays Downgrades Segro to Underweight from Equal Weight (7 Buys / 7 Holds / 0 Sells)
RBC Downgrades Antofagasta to Underperform from Sector Perform (2 Buys / 12 Holds / 1 Sell)
UK
Admiral Group
Aviva
Balfour Beatty
Essentra
Marshalls
US
Cisco Systems
UK
Bank of Georgia Group
Empiric Student Property
US
Walmart
Applied Materials
UK Consumer Price Index
UK Producer Price Index
UK Retail Price Index
EU Employment Change
EU Gross Domestic Product
EU Industrial Production
US Building Permits
US Housing Starts
US Industrial Production
FOMC Minutes
Japanese Imports
Japanese Exports
UK 100 companies going ex-dividend on 17th August 2023:
abrdn
Anglo American
Schroders
Berkeley Group Holdings
Imperial Brands
GSK
Hiscox
Entain
ConvaTec Group
London Stock Exchange Group
Pershing Square Holdings
UK 250 companies going ex-dividend on 17th August 2023:
Investec
Bridgepoint Group
Tritax EuroBox GBP
Bluefield Solar Income Fund
Keller Group
UK Commercial Property REIT
Octopus Renewables Infrastructure Trust
Murray Income Trust
4imprint Group
Rotork
Chemring Group
ICG Enterprise Trust
Lancashire Holdings
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