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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Reckitt Benckiser Group PLC | 4,667.0 | 1.2% |
| Rightmove PLC | 681.2 | 1.2% |
| Kingfisher PLC | 326.6 | 1.2% |
| Centrica PLC | 118.2 | 1.0% |
| WPP PLC | 757.0 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| JD Sports Fashion PLC | 150.2 | -6.0% |
| Rentokil Initial PLC | 364.0 | -4.6% |
| Diploma PLC | 4498.0 | -2.9% |
| Legal & General Group PLC | 221.9 | -2.9% |
| Halma PLC | 2578.0 | -2.4% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,254 | -0.7% | 7.9% |
| DOW JONES INDUS. AVG | 41,503 | -0.3% | 19.9% |
| DAX INDEX | 18,711 | -0.1% | 19.0% |
| NIKKEI 225 | 36,380 | 0.5% | 9.4% |
| S&P/ASX 200 INDEX | 8,142 | 0.0% | 13.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.91 | -0.39% |
| Brent Crude (ICE) | USD/bbl. | 72.93 | -1.04% |
| Gold Spot | USD/t oz. | 2,559 | 0.0% |
| Copper (Comex) | USd/lb. | 430 | 0.6% |
Click graph to enlarge
The UK 100 called to open +59 points at 8,312. The UK 100 looks set to open higher today after the Federal Reserve lowered interest rates by half a percent. The larger than originally forecast rate cut initially sparked a rally, though it did raise concerns that the Fed was trying to prevent the potential economic weakness.
On Wall Street yesterday the Dow Jones dropped 103.08 points, or 0.25%, to end the day at 41,503.10, having initially picked up as much as 375.79 points just after the Fed decision. The S&P gave up 0.29% and closed at 5,618.26. The Nasdaq fell by 0.31% to 17,573.30. The S&P 500 and the Dow both touched records initially before falling back.
Close Brothers Group has agreed to sell its wealth management business, Close Brothers Asset Management, to funds managed by Oaktree Capital Management, L.P. for an equity value of up to £200 million
Next continues to trade ahead of City expectations after the retailer lifted its full-year pre-tax profit guidance by another £15 million to £995 million. The forecast for annual profits growth of 8.4% comes after sales lifted 6.9% in the first six weeks of the second half-year, materially ahead of expectations. Full-price sales are set to be 4% higher across the year, having risen by 4.4% in today’s half-year results. Pre-tax profits for the six months to July lifted 7.1% to £452 million.
Ocado lifted its guidance for its 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers.
UK
Next
Ocado
City of London Investment Trust
Close Brothers Group
European Opportunities Trust*
US
FedEx
UK
None
US
None
BoE Interest Rate Decision
BoE Asset Purchase Facility
BoE Minutes
BoE MPC Vote
BoE Monetary Policy Report
US Initial Jobless Claims
Philadelphia Fed Manufacturing Survey
US Existing Home Sales Change
UK GfK Consumer Confidence
Japanese National Consumer Price Index
UK 100 companies going ex-dividend on 19th September 2024:
Unite Group
UK 250 companies going ex-dividend on 19th September 2024:
Crest Nicholson Holdings
Foresight Group Holdings
Bridgepoint Group
IG Group Holdings
Drax Group
Essentra
Fidelity European Trust
PPHE Hotel Group
Energean
Patria Private Equity Trust
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