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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Smith (Ds) PLC | 307.1 | 2.2% |
| Severn Trent PLC | 2,709.0 | 2.0% |
| Intercontinental Hotels Group PLC | 6,564.0 | 1.9% |
| National Grid PLC | 1,070.5 | 1.8% |
| Legal & General Group PLC | 239.6 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Vodafone Group PLC | 69.9 | -3.2% |
| Burberry Group PLC | 1,475.0 | -2.6% |
| International Consolidated Airlines Group S.A. | 158.1 | -2.4% |
| BT Group PLC | 133.9 | -2.0% |
| Endeavour Mining PLC | 1,782.0 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,506 | -0.1% | 0.3% |
| DOW JONES INDUS. AVG | 36,116 | 0.2% | 7.5% |
| DAX INDEX | 16,624 | -0.2% | 16.5% |
| NIKKEI 225 | 32,858 | -1.8% | 19.2% |
| S&P/ASX 200 INDEX | 7,173 | -0.1% | 0.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 69.77 | 0.56% |
| Brent Crude (ICE) | USD/bbl. | 74.55 | 0.34% |
| Gold Spot | USD/t oz. | 2,029 | 0.2% |
| Copper (Comex) | USd/lb. | 377 | 1.0% |
Click graph to enlarge
The UK 100 called to open +22 points at 7,534. The UK 100 is expected to make a bright start on Friday ahead of a key print on the US jobs market. All eyes will be on today’s Non-Farm payroll report, which will give further clues ahead for the direction of interest rates ahead of next week’s Federal Reserve meeting, consensus is that the read will see a rise to 180,000 last month, from 150,000 in October. Stocks rose on Wall Street Thursday, allowing the Dow Jones and S&P to break three-day losing streaks. The broad S&P 500 climbed 0.80% to 4,585.59, while the blue-chip Dow added 62.95 points, or 0.17%, to 36,117.38. The Nasdaq advanced 1.37% to 14,339.99 as technology stocks outperformed. It was more mixed in Asia this morning, the Nikkei was 1.7% lower after data showed the Japanese economy contracted by 0.7% in the third quarter, revising a preliminary estimate that it shrank 0.5%.
Anglo American says their outlook for mined products has “rarely looked better” than now as they spot $500m in extra cost efficiencies to deliver in 2024 in addition to $500m in business support and cost cuts. They expect output to rise by 3% in 2023, but fall 4% in 2024. They expect output to decline a further 3% in 2025 but rise 4% in 2026.
Berkeley Group Holdings joined their sector peers in underscoring the difficult trading conditions in the housing market, as high mortgage costs and weak macroeconomic backdrop continue to drive buyers away. They posted around a 5% rise in pre-tax profit at £298m for H1 ended 31st October.
IG Group appoints former PaddyPower CEO Breon Corcoran as their new CEO.
Shell sees a $5bn offshore oil investment opportunity in Nigeria and has pledged to spend a further $1bn over 5-10 years to boost natural gas output for domestic supplies and exports.
Goldman Sachs Upgrades Sainsbury to Buy from Neutral (1 Buy / 6 holds / 1 Sell)
RBC Downgrades Imperial Brands to Sector Perform from Outperform (8 Buys / 3 Holds / 0 Sells)
Redburn Upgrades Lloyds to Neutral (9 Buys / 3 Holds / 1 Sell)
UK
Berkeley Group Holdings
US
None
UK
None
US
Oracle
EcoFin Meeting
German Harmonized Index of Consumer Prices
UK Consumer Inflation Expectations
US Average Hourly Earnings
US Labor Force Participation Rate
US Nonfarm Payrolls
US Unemployment Rate
Michigan Consumer Sentiment Index
UK 100 companies going ex-dividend on 14th December 2023:
Smith (DS)
Associated British Foods
Burberry Group
UK 250 companies going ex-dividend on 14th December 2023:
Sirius Real Estate
Redde Northgate
TR Property Investment Trust
Tritax EuroBox GBP
MITIE Group
Balanced Commercial Property Trust
Cranswick
discoverIE Group
Baltic Classifieds Group
Personal Assets Trust
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