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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| St. James’s Place PLC | 708.2 | 7.2% |
| Experian PLC | 2,871.2 | 7.1% |
| Ocado Group PLC | 603.4 | 6.9% |
| International Consolidated Airlines Group S.A. | 160.4 | 4.2% |
| Glencore PLC | 466.4 | 3.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Diageo PLC | 2,839.0 | -2.1% |
| Pearson PLC | 947.6 | -1.7% |
| B&M European Value Retail S.A. | 548.2 | -1.7% |
| Unite Group PLC | 989.0 | -1.4% |
| Tesco PLC | 275.0 | -1.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,489 | 0.7% | 2.0% |
| DOW JONES INDUS. AVG | 34,973 | 0.4% | 4.1% |
| DAX INDEX | 15,746 | 0.8% | 9.2% |
| NIKKEI 225 | 33,520 | 2.5% | 19.6% |
| S&P/ASX 200 INDEX | 7,106 | 1.4% | -0.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 77.00 | -1.61% |
| Brent Crude (ICE) | USD/bbl. | 81.52 | -1.15% |
| Gold Spot | USD/t oz. | 1,963 | -0.1% |
| Copper (Comex) | USd/lb. | 372 | 0.9% |
Click graph to enlarge
The UK 100 called to open -21 points at 7,465. The UK 100 looks set to open slightly lower this morning consolidating recent gains. On Wall Street yesterday all three major indices closed in the green again, continuing the staggering run over the past couple of weeks. The Dow Jones rose 0.5%, the S&P rose 0.2% and the Nasdaq rose 0.1%.
Aviva posted a 13% rise in its general insurance gross written premiums for the first 9 months of the year, supported by steady commercial demand. They reported premiums of £8bn, compared with £7.2bn a year earlier.
Burberry update that they are being hit by a global slowdown in luxury spending, and if it continued they are unlikely to meet their revenue forecast of low double-digit growth for its current financial year. They reported a FY adjusted operating profit of £223m.
Close Brothers Group says that winterflood’s performance has been adversely impacted by further weakening of investor appetite, market uncertainty, resulting in an operating loss of £2.5m in Q1. They do state that it is well positioned for when investor confidence recovers.
Halma reports HY revenue of £950.5m, up 9% YoY. They reported a HY adjusted profit before tax of £177.5m, up 3% YoY.
Investec posted a 15% rise in HY profit, led by increased loan volumes, corporate deposits and funds under management. They reported a headline EPS of 36.9p and an interim dividend of 15.5p per share.
International Distribution Services they expect to pay a modest dividend from its GLS unit and its adjusted operating performance would be around the breakeven point this fiscal year. They reported a group adjusted operating loss of £169m, compared with £57m a year earlier.
United Utilities reported higher H1 revenue driven by higher consumptions. They posted a revenue of £982m for H1, up 6.8% from £913m last year.
Bernstein Downgrades Deliveroo to Market-perform from Outperform (5 Buys / 5 Holds / 0 Sells)
Exane BNP Downgrades Entain to Neutral from Outperform (14 Buys / 1 Hold / 0 Sells)
Exane BNP Upgrades SSE to Outperform from Neutral (9 Buys / 3 Holds / 0 Sells)
Goldman Sachs Upgrades Marks & Spencer to Buy from Neutral (3 Buys / 11 Holds / 0 Sells)
Morgan Stanley Downgrades Wizz Air to Equal Weight from Overweight (11 Buys / 6 Holds / 1 Sell)
Morgan Stanley Upgrades EasyJet to Overweight from Equal Weight (9 Buys / 7 Holds / 1 Sell)
UK
Assura
Aviva
Burberry Group
Close Brothers Group
Crest Nicholson Holdings
Halma
International Distribution Services
Investec
Liontrust Asset Management
Premier Foods
QinetiQ Group
Syncona
United Utilities
US
Alibaba Group
Walmart
Applied Materials
UK
None
US
None
US Initial Jobless Claims
Philadelphia Fed Manufacturing Survey
US Industrial Production
BoE’s Ramsden speech
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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