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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| JD Sports Fashion PLC | 141.9 | 10.7% |
| Tesco PLC | 346.6 | 2.0% |
| Frasers Group PLC | 860.0 | 1.9% |
| easyJet PLC | 446.5 | 1.7% |
| Admiral PLC | 2,951.0 | 1.7% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Legal & General Group PLC | 225.3 | -2.5% |
| Mondi PLC | 1448.2 | -1.7% |
| Schroders PLC | 341.0 | -1.6% |
| Aviva PLC | 494.4 | -1.5% |
| Fresnillo PLC | 544.0 | -1.1% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,288 | 0.1% | 14.0% |
| DOW JONES INDUS. AVG | 40,849 | -0.1% | 19.0% |
| DAX INDEX | 18,493 | 0.2% | 17.8% |
| NIKKEI 225 | 38,211 | 0.7% | 19.4% |
| S&P/ASX 200 INDEX | 8,027 | 0.2% | 12.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 73.42 | 2.07% |
| Brent Crude (ICE) | USD/bbl. | 77.61 | 2.05% |
| Gold Spot | USD/t oz. | 2,485 | -1.1% |
| Copper (Comex) | USd/lb. | 419 | -1.0% |
Click graph to enlarge
The UK 100 called to open +35 points at 8,323. The UK 100 looks set to open higher this morning, after US markets feel sharply yesterday as investors took a more risk off appetite ahead of today’s Jackson Hole speech by Federal Reserve chair Jerome Powell which might deliver clues on how quickly and deeply the Fed may cut interest rates.
Back in the UK Ofgem has announced this morning a 10% increase in its energy price cap for the final quarter of the year.
On Wall Street the S&P slipped 0.89% to close at 5,570.64. The Dow Jones ended down 177.71 points, or 0.43%, at 40,712.78. The Nasdaq shed 1.67% to close at 17,619.35 as technology stocks felt the brunt of Thursday’s declines.
In Asia this morning, Japan’s benchmark Nikkei 225 rose 0.5% to 38,408.44. Australia’s S&P/ASX 200 slipped 0.1% to 8,017.10. South Korea’s Kospi edged down 0.1% to 2,704.79. Hong Kong’s Hang Seng slipped 0.4% to 17,569.38, while the Shanghai Composite gained 0.3% to 2,856.73.
Direct Line Insurance Group this morning said in advance of its half year results. A miscalculation was identified within the Group’s audited Solvency II own funds for the year ended 2023. Correcting for the miscalculation, the solvency capital ratio at year end 2023 was 188%, which was above the Group’s risk appetite range of 140% to 180%. In the normal course of preparing for the half year results, the Group estimates its solvency capital ratio at 30 June 2024 to be around 200%. This follows good capital generation in the first half from a combination of operating earnings, one-off benefits from partnerships, and market movements.
Evoke this morning announce the acquisition of New Gambling Solutions S.R.L (“NGS”), which operates Winner.ro (“Winner”), the #7 online betting and gaming operator in Romania.
No New broker comments
UK
Ithica Energy
US
None
UK
None
US
None
Fed’s Chair Powell speech
Jackson Hole Symposium
US New Home Sales Change
BoE’s Governor Bailey speech
UK 100 companies going ex-dividend on 29th August 2024:
Diageo
LondonMetric Property
Glencore
Auto Trader Group
InterContinental Hotels Group
UK 250 companies going ex-dividend on 22nd August 2024:
Diversified Energy Company
Dr. Martens
JPMorgan Global Growth & Income
ZIGUP
RHI Magnesita N.V.
Alliance Trust
Centamin
Serco Group
Henderson Smaller Cos Inv Tst
Clarkson
Quilter
PageGroup
Savills
Genuit Group
Dowlais Group
JPMorgan American Investment Trust
Plus500
Bluefield Solar Income Fund
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