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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Fresnillo PLC | 654.0 | 3.5% |
| Beazley PLC | 780.0 | 3.5% |
| GSK PLC | 1,505.0 | 3.2% |
| Next PLC | 10,050.0 | 1.9% |
| Endeavour Mining PLC | 1,701.0 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Taylor Wimpey PLC | 152.0 | -4.9% |
| Vistry Group PLC | 901.0 | -4.6% |
| Bae Systems PLC | 1251.5 | -4.0% |
| Whitbread PLC | 3079.0 | -3.0% |
| WPP PLC | 755.8 | -2.8% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,238 | -0.1% | 8.0% |
| DOW JONES INDUS. AVG | 42,454 | -0.1% | 25.8% |
| DAX INDEX | 19,211 | -0.2% | 24.6% |
| NIKKEI 225 | 39,381 | 0.3% | 23.3% |
| S&P/ASX 200 INDEX | 8,223 | 0.4% | 16.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 75.44 | 3.00% |
| Brent Crude (ICE) | USD/bbl. | 78.98 | 3.13% |
| Gold Spot | USD/t oz. | 2,632 | 0.9% |
| Copper (Comex) | USd/lb. | 445 | 1.1% |
Click graph to enlarge
The UK 100 called to open +6 points at 8,243. The UK 100 looks set to begin the final trading session of the week on the front foot.
GDP data out this morning showed that the UK economy grew by 0.2% in August, a return to growth after two successive months of stagnation. The 0.2% rise in GDP was in line with forecasts.
On Wall Street yesterday stocks declined, as consumer price index data pointed to more stubborn inflation than analysts had predicted. The S&P index lost 0.21% to settle at 5,780.05, while the Dow Jones dropped 57.88 points, or 0.14%, to finish at 42,454.12. The Nasdaq gave up 0.05% to end at 18,282.05.
BP PLC has warned that weak refining margins and lower oil prices have affected its third-quarter numbers. Exploration write-offs in the region of £200-300 million will also hit the figures, said the oil and gas giant. Oil and gas production over the three months is now expected to be broadly flat compared to the prior quarter, with higher gas prices giving a US$100 million boost offset by a US$100-300 million drop from its operations in the Gulf of Mexico and UAE.
THG PLC announced this morning the successful completion of the Placing of new Ordinary Shares announced yesterday as well as the concurrent Subscription and Retail Offer. A total of 194,722,333 new Ordinary Shares, representing 14.6 per cent. of the existing issued Ordinary Shares of the Company prior to the Fundraise, will be issued in the Fundraise at the Placing Price to raise gross proceeds of approximately £95.4 million.
Croda added to Negative catalyst watchlist by JP Morgan (7 Buy/ 9 Hold/ 1 Sell)
Vistry downgraded by JP Morgan to neutral from overweight (8 Buy/ 6 Hold/ 2 Sell)
UK
Hays
Jupiter Fund Management
US
BlackRock
JPMorgan Chase & Co
Wells Fargo & Co
UK
Ashmore
Chemring Group
PageGroup
US
None
German Harmonized Index of Consumer Prices
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
US Producer Price Index
Michigan Consumer Sentiment Index
Fed’s Bowman speech
UK 100 companies going ex-dividend on 17th October 2024:
Howden Joinery Group
Persimmon
Spirax Group
Smiths Group
UK 250 companies going ex-dividend on 17th October 2024:
ITV
Coats Group
Senior
Hays
TwentyFour Income Fund
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