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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rolls-Royce Holdings PLC | 257.8 | 6.0% |
| Smurfit Kappa Group PLC | 2,780.0 | 2.7% |
| Mondi PLC | 1,379.5 | 2.0% |
| B&M European Value Retail S.A. | 560.2 | 1.7% |
| Endeavour Mining PLC | 1,790.0 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Pearson PLC | 933.8 | -3.7% |
| Burberry Group PLC | 1,461.0 | -2.9% |
| Prudential PLC | 887.8 | -2.3% |
| Entain PLC | 837.0 | -1.8% |
| Rightmove PLC | 524.6 | -1.7% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,461 | 0.0% | -0.5% |
| DOW JONES INDUS. AVG | 35,465 | 0.4% | 4.7% |
| DAX INDEX | 15,988 | 0.1% | 11.0% |
| NIKKEI 225 | 33,408 | -0.1% | 19.2% |
| S&P/ASX 200 INDEX | 7,015 | 0.4% | -3.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.84 | 2.64% |
| Brent Crude (ICE) | USD/bbl. | 82.01 | 2.54% |
| Gold Spot | USD/t oz. | 2,037 | 1.1% |
| Copper (Comex) | USd/lb. | 385 | 1.3% |
Click graph to enlarge
The UK 100 called to open -15 points at 7,440. The UK’s blue chip index is expected to open slightly lower this morning as the pound climbed against the dollar, following dovish remarks from officials of the US Federal Reserve last night. Christopher Waller, known to be one of the Fed’s most hawkish policymakers said “I am increasingly confident that policy is currently well positioned to slow the economy and get inflation back to 2%”. Wall Street was buoyant yesterday, with all three major indices closing in the green The Dow Jones added 83.51 points, or 0.24%, to close at 35,416.98. The S&P inched higher by 0.10% to 4,554.89, and the tech-heavy Nasdaq gained 0.29% to end the session at 14,281.76.
Deliveroo have reaffirmed their 2023 profit guidance ahead of investor presentations later today where they are set to reiterate their plan to reach an adjusted earnings margin of more than 4% by 2026.
Halfords Group have narrowed their annual profit forecast range, lowering the upper end of its expectations due to challenges in the sales of their discretionary categories amid a cost-of-living crisis. They now expect their fiscal 2024 underlying profit before tax to fall within the range of £48-53m. They had previously forecast £48-58m range.
Pennon Group report a H1 adjusted pretax profit of £9.1m.
JP Morgan Downgrades Diageo to Neutral from Overweight (9 Buys / 10 Holds / 2 Sells)
UK
Pennon Group
US
Snowflake
Synopsys
UK
Dr. Martens
Foresight Group Holdings
Future
LXI REIT
US
Salesforce
EU Business Climate
EU Consumer Confidence
EUEconomic Sentiment Indicator
German Consumer Price Index
German Harmonized Index of Consumer Prices
US Core Personal Consumption Expenditures
US Gross Domestic Product Annualized
US Personal Consumption Expenditures Prices
US Fed’s Beige Book
Japanese Retail Trade
UK 100 companies going ex-dividend on 30th November 2023:
Severn Trent
3i Group
UK 250 companies going ex-dividend on 30th November 2023:
Diversified Energy Company
Bellway
Fidelity Special Values
Telecom Plus
Johnson Matthey
LondonMetric Property
AVI Global Trust
Temple Bar Investment Trust
FirstGroup
Hill & Smith
Alliance Trust
Caledonia Investments
Oxford Instruments
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