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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rentokil Initial PLC | 421.0 | 3.6% |
| Fresnillo PLC | 549.6 | 3.0% |
| Mondi PLC | 1,308.5 | 2.3% |
| Rs Group PLC | 677.4 | 2.3% |
| Howden Joinery Group PLC | 636.0 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Natwest Group PLC | 182.0 | -11.6% |
| Lloyds Banking Group PLC | 39.8 | -3.4% |
| Weir Group PLC | 1,680.5 | -3.1% |
| Intertek Group PLC | 3,755.0 | -3.0% |
| GSK PLC | 1,433.2 | -2.8% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,291 | -0.9% | 3.5% |
| DOW JONES INDUS. AVG | 32,418 | -1.1% | -1.4% |
| DAX INDEX | 14,687 | -0.3% | 10.9% |
| NIKKEI 225 | 30,697 | -1.0% | 13.3% |
| S&P/ASX 200 INDEX | 6,773 | -0.8% | -0.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 83.96 | -1.85% |
| Brent Crude (ICE) | USD/bbl. | 89.07 | -1.56% |
| Gold Spot | USD/t oz. | 1,996 | -0.5% |
| Copper (Comex) | USd/lb. | 365 | 0.2% |
Click graph to enlarge
The UK 100 called to open +44 points at 7,335. The UK 100 is expected to start the week on the front foot despite ongoing uncertainty in the Middle East and ahead a busy week of central bank decisions. This comes after a tough end to the week Stateside on Friday, the Dow fell 366.71 points, or 1.12% to close at 32,417.59. The S&P slipped 0.48% to finish the session at 4,117.37, closing 10.3% lower from this year’s peak on July 31. The Nasdaq was the stand out performer, gaining 0.38% to trade at 12,643.01.
Ascential are to sell Digital Commerce to Omnicom £741m.
ASOS are in talks to sell Topshop to Authentic Brands Group LLC.
Glencore report that their FY 2023 production guidance for Copper, Zinc, Coal and Cobalt remains in line with previous guidance. They reported Copper production of 735,800 tonnes, which was 34,700 tonnes (5%) lower than the same period in 2022. Zinc production was down 4% YoY and Nickel was down 16% YoY.
GSK phase 3 Ruby trial meets survival endpoint for treating endometrial cancer.
HSBC reported a 240% increase in their Q3 pretax profit as higher interest rates boosted the bank’s profitability and helped it fund a fresh $3bn share buyback. They reported a Q3 pretax profit of $7.7bn, verses $3.2bn a year earlier, but below the $8.1bn average of analyst estimates.
Pearson have upgraded their annual adjusted operating profit guidance by around £20m, to £575m, boosted by demand for it assessments and qualifications.
Berenberg Upgrades Rightmove to Buy from Hold (6 Buys / 5 Holds / 3 Sells)
Jefferies Downgrades NatWest to Underperform from Buy (9 Buys / 6 Holds / 0 Sells)
RPT/JP Morgan Downgrades European Banks to Underweight from Neutral
UK
Glencore
HSBC Holdings
Pearson
US
McDonald’s Corp
Arista Networks
UK
BP
Coca-Cola HBC
RHI Magnesita
Spectris
TP ICAP
US
Amgen
Caterpillar Inc
Pfizer
Advanced Micro Devices
German Gross Domestic Product
EU Business Climate
EU Consumer Confidence
EU Economic Sentiment Indicator
German Consumer Price Index
German Harmonized Index of Consumer Prices
Japanese Unemployment Rate
Japanese Retail Trade
UK 100 companies going ex-dividend on 2nd November 2023:
Whitbread
UK 250 companies going ex-dividend on 2nd November 2023:
Ashmore Group
PZ Cussons
European Smaller Companies Trust
ME Group International
Renishaw
Hilton Food Group
Tritax Big Box REIT
BlackRock Smaller Companies Trust
VinaCapital Vietnam Opportunity Fund
Edinburgh Investment Trust
European Opportunities Trust
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