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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Imi PLC | 1,749.0 | 5.4% |
| Antofagasta PLC | 1,808.5 | 4.8% |
| Anglo American PLC | 2,479.0 | 3.6% |
| Glencore PLC | 415.4 | 3.5% |
| Rio Tinto PLC | 5,201.0 | 3.1% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Auto Trader Group PLC | 783.0 | -7.2% |
| Rolls-Royce Holdings PLC | 552.8 | -4.3% |
| Sainsbury (J) PLC | 256.8 | -3.7% |
| Hiscox LTD | 1029.0 | -3.7% |
| BT Group PLC | 137.0 | -3.6% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,141 | -0.3% | 10.0% |
| DOW JONES INDUS. AVG | 43,729 | 0.0% | 28.2% |
| DAX INDEX | 19,363 | 1.7% | 27.1% |
| NIKKEI 225 | 39,500 | 0.3% | 22.8% |
| S&P/ASX 200 INDEX | 8,295 | 0.8% | 18.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 71.67 | -0.95% |
| Brent Crude (ICE) | USD/bbl. | 75.03 | -0.79% |
| Gold Spot | USD/t oz. | 2,685 | -0.8% |
| Copper (Comex) | USd/lb. | 439 | -1.0% |
Click graph to enlarge
The UK 100 called to open +21 points at 8,161. The UK 100 looks set to open modestly higher this morning, this comes on the back of interest rate cuts by both the Bank of England the Federal Reserve yesterday, both reducing by 0.25%
On Wall Street yesterday The S&P 500 and Nasdaq both rose Thursday, extending Wall Street’s rally following President-elect Donald Trump’s victory, and as traders digested the cut to interest rates.
The S&P gained 0.74% to close at a record high of 5,973.10. The Nasdaq advanced 1.51% to reach 19,269.46, its first close above 19,000. The Dow Jones was little changed, ticking down less than one point to 43,729.34. All three indexes hit intraday record highs during the session.
IAG reported its third-quarter results for the three months to 30 September today. They reported a rise in total revenue for the period of 7.9% and an increasing operating profit of 15.4%to adjust over €2bn (£1.7bn). Overall, for the nine months ended September, the group reported total revenue of €24bn and a profit before tax of €2.3bn. IAG is also is to begin buying back 350 million euros ($378.1 million) of shares from next week. The company said the buyback would be structured through purchases of shares on the market and through shares held by Qatar Airways.
Rightmove raised its annual average advertising revenue growth forecast on Friday, as easing mortgage costs against an encouraging economic backdrop boosted activity in the residential segment. The company, which charges estate agents and homebuilders a fee to list their properties on its website, said it expects an average revenue per advertiser (ARPA) growth of between £85 ($110.23) and £95, above its previous forecast of £75-85.
Vistry this morning said the profit impact of issues in South division totalled £165m. Now expects pretax profit of £300m, this reflects the additional impact from issues in the South Division and reduced expectations for completions in the year.
No New Broker Comments
UK
International Consolidated Airlines Group
Rightmove
Vistry Group
US
None
UK
Direct Line Insurance Group
HgCapital Trust
Kainos Group
US
None
EU leaders summit
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 14th November 2024:
Pershing Square Holdings
Bunzl
GSK
Shell
Sainsbury (J)
UK 250 companies going ex-dividend on 14th November 2024:
ICG Enterprise Trust
Fidelity Emerging Markets
Schroder Oriental Income Fund
Greencoat UK Wind
Baillie Gifford Japan Trust
C&C Group
Target Healthcare REIT
Lancashire Holdings
Murray Income Trust
Scottish American Investment Company
PRS REIT
NextEnergy Solar Fund
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