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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Auto Trader Group PLC | 689.8 | 8.6% |
| Rightmove PLC | 489.5 | 4.3% |
| Rs Group PLC | 714.8 | 3.3% |
| Spirax-Sarco Engineering PLC | 8,700.0 | 3.3% |
| Astrazeneca PLC | 10,446.0 | 2.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Flutter Entertainment PLC | 12,405.0 | -9.5% |
| B&M European Value Retail S.A. | 523.5 | -2.7% |
| 3I Group PLC | 2,025.0 | -0.8% |
| Anglo American PLC | 2,080.0 | -0.7% |
| Entain PLC | 951.0 | -0.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,462 | 0.8% | 2.2% |
| DOW JONES INDUS. AVG | 34,107 | 0.0% | 4.7% |
| DAX INDEX | 15,356 | 0.8% | 12.1% |
| NIKKEI 225 | 32,646 | 1.5% | 19.0% |
| S&P/ASX 200 INDEX | 7,015 | 0.3% | 0.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.21 | 1.17% |
| Brent Crude (ICE) | USD/bbl. | 80.60 | 1.33% |
| Gold Spot | USD/t oz. | 1,962 | 0.6% |
| Copper (Comex) | USd/lb. | 365 | 0.4% |
Click graph to enlarge
The UK 100 called to open -42 points at 7,414. The UK 100 is set to open lower this morning, despite better-than-expected UK GDP data which showed 0% growth in the latest quarter (-0.1% expected) and +0.2% growth m/m (0% expected). Fed Chair Powell released Hawkish comments last night, stating that the US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target. US markets fell after the remarks with the Dow Jones Industrial Average down 0.7%, the S&P 500 down 0.8% and the Nasdaq Composite down 0.9%.
Diageo update that their organic operating profit growth is set to decline in H1 2024, due to weakening sales in Latin America & Caribbean and higher trade investments.
Redrow says they see their FY Profit Before Tax being at the lower end of its £180-200m range. Whilst build cost inflation continues to abate, they still expect their overall build cost inflation to be around 7% for the current financial year.
Exane BNP Upgrades Wizz Air to Neutral (12 Buys / 4 Holds / 1 Sell)
Numis Upgrades Ashmore to Hold (2 Buys / 5 Holds / 1 Sell)
UK
Allianz Technology Trust
US
None
UK
British Land Co
Kainos Group
US
None
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
European Commission releases Economic Growth Forecasts
US Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 16th November 2023:
Hargreaves Lansdown
Shell
GSK
Unilever
B&M European Value Retail S.A.
Bunzl
Marks and Spencer Group
Pershing Square Holdings
UK 250 companies going ex-dividend on 16th November 2023:
Fidelity Emerging Markets
NextEnergy Solar Fund
Schroder Oriental Income Fund
Octopus Renewables Infrastructure Trust
UK Commercial Property REIT
Baillie Gifford Japan Trust
Murray Income Trust
Empiric Student Property
BlackRock Greater Europe Inv Trust
Scottish American Investment Company
ICG Enterprise Trust
Bytes Technology Group
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