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Yesterday’s UK 100 Leaders | Price (p) | % Chg |
St. James’s Place PLC | 672.2 | 5.0% |
Next PLC | 7,090.0 | 3.4% |
Hargreaves Lansdown PLC | 761.8 | 3.0% |
Rio Tinto PLC | 5,217.0 | 2.8% |
Severn Trent PLC | 2,516.0 | 2.8% |
Yesterday’s UK 100 Laggards | Price (p) | % Chg |
Ocado Group PLC | 500.0 | -5.8% |
Intertek Group PLC | 4,135.0 | -1.6% |
Airtel Africa PLC | 116.5 | -1.4% |
Gsk PLC | 1,493.2 | -1.1% |
Experian PLC | 2,751.0 | -0.9% |
Major World Indices | Price | % Chg | 1 YEAR |
UK 100 INDEX | 7,631 | 0.4% | 10.3% |
DOW JONES INDUS. AVG | 33,985 | 0.9% | 12.6% |
DAX INDEX | 15,238 | 0.3% | 20.5% |
NIKKEI 225 | 32,040 | 1.2% | 19.7% |
S&P/ASX 200 INDEX | 7,056 | 0.4% | 5.9% |
Commodities | Units | Price | % Chg |
WTI Crude Oil (Nymex) | USD/bbl. | 86.62 | -0.05% |
Brent Crude (ICE) | USD/bbl. | 89.78 | 0.14% |
Gold Spot | USD/t oz. | 1,917 | -0.1% |
Copper (Comex) | USd/lb. | 355 | -1.0% |
The UK 100 called to open -2 points at 7,628. The UK 100 is expected to make a subdued open as investors await UK wage inflation figures. Hopes that a diplomatic push in the Middle East would stop the crisis in the Middle East spreading boosted US markets with the Dow Jones Industrial Average up 0.9%, the S&P 500 up 1.1% and the Nasdaq Composite 1.2%. Asian markets followed suit with the Nikkei 225 in Tokyo up 1.0%. In China, the Shanghai Composite was marginally higher, while the Hang Seng index in Hong Kong was up 0.5%.
Aviva expects their UK wealth market to nearly triple to £3.4 trillion.
Bellway has warned of persistent challenges in the housing sector, weighed down by weak demand in the wake of high mortgage rates after they reported an 18% fall in their annual profit. Their underlying pretax profit for the year ended July 31st came in at £532.6m, slightly below average analyst expectations of £533.4m.
Melrose Industries sees their FY margin to be around 24% as they have “full confidence” in achieving their 2025 targets, in part due to current trading.
Rio Tinto reported a strong quarterly output after they reported a rise in their Q3 iron ore shipments, as they ramped up production at their Guadi-Darri mine. Iron ore shipments were 83.9 tonnes, up 1.2% YoY, Aluminium production rose 9.1% YoY and Pilbara iron ore production fell 0.9% YoY.
Rolls-Royce confirms reports that they will axe 2,000-2,500 jobs worldwide.
Serco wins a contract for DWP functional assessment services, worth £350m.
No new broker comments
UK
Bellway
IntegraFin Holdings
Moneysupermarket.com
Ninety One
Rio Tinto
US
Bank of America Corp
Goldman Sachs
Johnson & Johnson
UK
Antofagasta
Liontrust Asset Management
Quilter
Segro
Whitbread
US
Morgan Stanley
Procter & Gamble
Netflix
Tesla
UK Claimant Count Change
UK Employment Change
UK ILO Unemployment Rate
EcoFin Meeting
EU ZEW Survey – Economic Sentiment
German ZEW Survey – Current Situation
German ZEW Survey – Economic Sentiment
NY Empire State Manufacturing Index
US Retail Sales
US Retail Sales Control Group
US Industrial Production
UK 100 companies going ex-dividend on 19th October 2023:
Smiths Group
BAE Systems
UK 250 companies going ex-dividend on 19th October 2023:
Close Brothers Group
ITV
Foresight Solar Fund
Marshalls
Coats Group
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