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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Lloyds Banking Group PLC | 57.1 | 6.5% |
| Barclays PLC | 281.0 | 6.5% |
| St. James’s Place PLC | 880.5 | 6.2% |
| Diploma PLC | 4,298.0 | 5.3% |
| Howden Joinery Group PLC | 774.5 | 5.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Endeavour Mining PLC | 1487.0 | -1.7% |
| Anglo American PLC | 2448.0 | -1.0% |
| Reckitt Benckiser Group PLC | 4821.0 | -0.9% |
| Imperial Brands PLC | 2580.0 | -0.6% |
| Melrose Industries PLC | 556.8 | -0.5% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,301 | 1.2% | 9.3% |
| DOW JONES INDUS. AVG | 43,222 | 1.7% | 15.0% |
| DAX INDEX | 20,575 | 1.5% | 23.8% |
| NIKKEI 225 | 38,445 | -0.1% | 7.9% |
| S&P/ASX 200 INDEX | 8,213 | -0.2% | 10.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 80.37 | 3.70% |
| Brent Crude (ICE) | USD/bbl. | 82.34 | 3.03% |
| Gold Spot | USD/t oz. | 2,694 | -0.1% |
| Copper (Comex) | USd/lb. | 440 | 1.2% |
Click graph to enlarge
The UK 100 called to open +34 points at 8,335. The UK 100 looks set to open higher this morning, as the UK blue chip index looks to build on yesterdays strong showing, the UK 100 finished 1.2% higher and the UK 250 index jumped 2.9%, having earlier been cheered by a surprise drop in the UK inflation rate.
The UK economy returned to expansion, with the Gross Domestic Product (GDP) arriving at 0.1% in November after declining 0.1% in October, according to the latest data published by the Office for National Statistics (ONS) on Thursday. Markets expected a 0.2% growth in the reported period. Meanwhile, the Index of services (October) came in at 0% 3M/3M versus October’s 0.1%. Other data from the UK showed that monthly Industrial and Manufacturing Production dropped by 0.4% and 0.3%, respectively, in November. Both readings surprised markets to the downside.
Stateside saw Stocks surge on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December and major U.S. banks kicked off quarterly earnings reporting season with blowout results. The Dow Jones advanced 703.27 points, or 1.65%, to close at 43,221.55. The S&P climbed 1.83% to 5,949.91, and the Nasdaq rallied 2.45% to 19,511.23. It was the best day for all three major averages since November 6th.
Antofagasta on Thursday reported a modest 1% rise in its 2024 copper production to 664,000 metric tons, below its guidance, as higher production at its flagship projects was offset by lower grades. The company had previously guided to a range of 670-710,000 tons versus 660,600 tons in 2023.
Rio Tinto announced its Q4 results, highlighting a surge in its copper production while reporting a decline in iron ore shipments. In the December quarter, mined copper production rose 26% year-over-year to 202,000 tonnes, significantly surpassing the consensus forecast of 182,000 tonnes. On the other hand, both Pilbara iron ore shipments and production declined by 1% year-over-year.
Taylor Wimpey reported today that it expects increased build cost pressure at a time when the British housing sector is navigating affordability and broader economic concerns. The company, however, said it was well placed to grow output in 2025.
Whitbread reported a modest increase in its total accommodation sales in the UK for the six-week period ended Jan. 9, and reaffirmed its forecast for full-year 2025, supported by strong sales in its German market.
No New Broker Comments
UK
Antofagasta
Rathbone Brothers
Taylor Wimpey
US
Bank of America Corp
Morgan Stanley
Taiwan Semiconductor Manufacturing
UnitedHealth Group
UK
Ninety One
Petershill Partners
Safestore Holdings
US
SLB
German Harmonized Index of Consumer Prices
UK Gross Domestic Product
UK Industrial Production
UK Manufacturing Production
ECB Monetary Policy Meeting Accounts
US Building Permits
US Housing Starts
US Initial Jobless Claims
US Retail Sales
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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