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Morning Report - 10 January 2025

Yesterday’s UK 100 Leaders Price (p) % Chg
Anglo American PLC 2,439.5 3.3%
Antofagasta PLC 1,718.0 3.3%
Fresnillo PLC 669.0 3.2%
Compass Group PLC 2,732.0 2.6%
Smith (Ds) PLC 567.5 2.4%

 

Yesterday’s UK 100 Laggards Price (p) % Chg
Marks And Spencer Group PLC 345.3 -8.4%
Entain PLC 648.8 -4.4%
Sainsbury (J) PLC 263.2 -3.2%
WPP PLC 132.7 -2.6%
Legal & General Group PLC 732.0 -2.1%
Major World Indices Price % Chg 1 Year
UK 100 INDEX 8,320 0.8% 8.7%
DOW JONES INDUS. AVG 42,635 0.3% 13.1%
DAX INDEX 20,317 -0.1% 21.7%
NIKKEI 225 39,190 -1.1% 13.8%
S&P/ASX 200 INDEX 8,294 -0.4% 11.1%

 

Commodities Units Price % Chg
WTI Crude Oil (Nymex) USD/bbl. 74.60 0.92%
Brent Crude (ICE) USD/bbl. 77.62 0.91%
Gold Spot USD/t oz. 2,674 0.3%
Copper (Comex) USd/lb. 433 0.4%
The UK 100 called to open -20 points at 8,300.

4 Hours; 7 Months

Click graph to enlarge

Markets Overview:

The UK 100 called to open -20 points at 8,300.  The UK 100 looks set to open lower this morningThe index had racked up a 59-point gain in Thursday’s session thanks to its large contingent of miners on the back of a rebound in commodity prices.

Overnight, Asian markets faced a largely negative showing, with Singapore’s STI index down 1.9% and leading the drop ahead of falls for Chinese stocks.

 

Focus will be on Non Farm Payrolls in the US today as they return from yesterdays closed markets.

 

Company News & Broker Comments:

Company News:

J Sainsbury PLC has flagged its “biggest ever Christmas” as the supermarket also lifted financial services profit guidance on Friday.  Sales climbed by 3.8% over the six weeks to January 4, fuelled by 3.8% and 3.4% respective increases for grocery and clothing goods, while Argos saw a 1.1% uptick.  Chief executive Simon Roberts noted the festive trading period had been Sainsbury’s “biggest ever Christmas”.

 

Broker Comments:

No New Broker Comments

 

 

Reporting Today:

UK

 

Sainsbury (J)

 

 

US

 

None

Reporting Tomorrow:

UK

 

PageGroup

 

US

 

None

In Focus Today:

Chinese Consumer Price Index

Chinese Producer Price Index

US Average Hourly Earnings

US Nonfarm Payrolls

US Unemployment Rate

US Michigan Consumer Sentiment Index

UoM 5-year Consumer Inflation Expectation

Next Week’s Ex-Dividends:

UK 100 companies going ex-dividend on 16th January 2025:

 

Compass Group

Diploma

UK 250 companies going ex-dividend on 16th January 2025:

 

WH Smith

Grainger

Foresight Group Holdings

Future

B&M European Value Retail S.A.

TwentyFour Income Fund

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