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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| BP PLC | 491.7 | 2.4% |
| Imi PLC | 1,584.0 | 2.4% |
| Intercontinental Hotels Group PLC | 5,928.0 | 2.4% |
| Glencore PLC | 454.3 | 2.2% |
| Intertek Group PLC | 4,335.0 | 2.0% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Hiscox LTD | 1,036.9 | -6.8% |
| Flutter Entertainment PLC | 14,400.0 | -3.4% |
| St. James’s Place PLC | 912.1 | -0.9% |
| B&M European Value Retail S.A. | 535.0 | -0.4% |
| Pershing Square Holdings LTD | 2,982.0 | -0.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,587 | 0.8% | 1.3% |
| DOW JONES INDUS. AVG | 35,238 | -0.2% | 7.5% |
| DAX INDEX | 15,853 | 0.5% | 17.1% |
| NIKKEI 225 | 32,204 | -0.5% | 15.8% |
| S&P/ASX 200 INDEX | 7,338 | 0.4% | 4.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 83.50 | 0.70% |
| Brent Crude (ICE) | USD/bbl. | 86.75 | 0.67% |
| Gold Spot | USD/t oz. | 1,917 | -0.4% |
| Copper (Comex) | USd/lb. | 379 | 0.6% |
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The UK 100 called to open +8 points at 7,596. The UK 100 looks set to open higher once again this morning ahead of US inflation figures which will take centre stage today. The US CPI report is expected to show that inflation increased at a 3.3% annual pace in July, up from 3.0% in June, marking the first acceleration since June 2022, while the core measure, which strips out volatile food and energy prices, is expected to ease slightly to 4.7% from 4.8%. US markets closed yesterday lower ahead of the inflation print while Asian markets were mixed.
Antofagasta reported a 7.5% increase in their H1 profit on rising sales volumes of copper, gold and molybdenum, higher realise by-product prices and a stronger Chilean peso. They recorded an EBITDA for H1 of $1.33bn up from $1.24bn YoY.
Beazley announce that their CFO Sally Lake will step down in 2024.
Deliveroo have upgraded their FY earnings guidance after a resilient H1 in challenging conditions that saw its total orders number fall 6%. They expect to make an EBITDA of £60-80m for the year, up from its previous £20-50m forecast.
Entain reported a rise in HY core profit, boosted by strong performance in online gaming and an increase in active customers. They have taken a £585m provision as part of an investigation by Britain’s tax authority. They posted a 6% increase in their core profit to £499.4m in H1.
Persimmon reported a H1 pretax profit of £151m off revenues of £1,190m. Thei H1 adjusted new housing gross margin came in at 21.5%. They state that they “remain on track to deliver our profit expectations for the year”.
Watches of Switzerland says their Q1 performance is in line with expectations.
No new broker comments
UK
Allianz Technology Trust
Antofagasta
Derwent London
Entain
Lancashire Holdings
Network International Holdings
OSB Group
Persimmon
Savills
Spirax-Sarco Engineering
TBC Bank Group
Watches of Switzerland Group
US
Alibaba Group
Novo Nordisk
The Trade Desk
UK
Murray International Trust
US
None
EU Economic Bulletin
US Consumer Price Index
US Initial Jobless Claims
US Monthly Budget Statement
UK 100 companies going ex-dividend on 10th August 2023:
Ashtead Group
Rio Tinto
Barclays
Shell
Informa
SEGRO
Natwest Group
AstraZeneca
Standard Chartered
IMI
Pearson
HSBC Holdings
BP
Fresnillo
UK 250 companies going ex-dividend on 10th August 2023:
Greencoat UK Wind
Vanquis Banking Group
GCP Infrastructure Investments
Impax Environmental Markets
Scottish American Investment Company
Man Group
Domino’s Pizza Group
Renewables Infrastructure Group
Target Healthcare REIT
Spirent Communications
IP Group
Balanced Commercial Property Trust
Tritax Big Box REIT
Hikma Pharmaceuticals
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