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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| IMI PLC | 1,609.5 | 3.8% |
| Smith & Nephew PLC | 1,081.5 | 1.6% |
| Convatec Group PLC | 247.0 | 1.6% |
| BAE Systems PLC | 1,191.5 | 0.9% |
| JD Sports Fashion PLC | 108.2 | 0.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 571.6 | -7.5% |
| Persimmon PLC | 1,388.8 | -5.4% |
| Glencore PLC | 417.9 | -4.9% |
| Land Securities Group PLC | 638.6 | -4.5% |
| Entain PLC | 902.6 | -4.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,433 | -1.7% | -5.4% |
| DOW JONES INDUS. AVG | 37,343 | -0.1% | 10.0% |
| DAX INDEX | 16,390 | -1.1% | 7.9% |
| NIKKEI 225 | 35,478 | -0.4% | 32.4% |
| S&P/ASX 200 INDEX | 7,393 | -0.3% | 0.0% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 71.74 | -0.91% |
| Brent Crude (ICE) | USD/bbl. | 77.31 | -1.25% |
| Gold Spot | USD/t oz. | 2,011 | -0.8% |
| Copper (Comex) | USd/lb. | 373 | -0.9% |
Click graph to enlarge
The UK 100 called to open -12 points at 7,434. The UK 100 looks set to open slightly lower today, but stabilise somewhat after a rout yesterday for global markets, this followed weak economic data from China plus the prospect of interest rate cuts being pushed back later into 2024 after strong inflation figures in the UK, robust retail sales data in the US and comments from ECB President Christine Lagarde who hinted at summer rate reductions. On Wall Street yesterday, the Dow Jones declined 94.45 points, or 0.25%, to close at 37,266.67. This marked the third straight day of losses for the 30-stock index. The S&P slid 0.56% to close at 4,739.21, and the Nasdaq lost 0.59%, ending the session at 14,855.62.
AJ Bell report that their assets under administration are £76.2bn, up 15% on last year.
BHP Group reported a mixed production performance for H1 and warned of trouble at its nickel and metallurgical coal operations.
Centamin reported Q4 gold production of 128,127 ounces as they see their FY gold production in the range of 470,000-500,000 ounces.
Currys have forecast their FY profit to be ahead of market expectations, as stable gross margins in its home market in the Christmas trading period offset a fall in underlying sales. They now expect their FY 2023-24 adjusted pretax profit to be £105-115m.
Dunelm says their profit before tax for FY are in-line with market expectations.
Flutter Entertainment says their Q4 US revenue growth of 26% is below guidance.
IDS hires former Boots CFO Michael Snape as group CFO, effective immediately.
Marshalls expects their 2023 adjusted pretax profit to be in-line with its expectations.
Sainsbury’s will close their core banking business following a review of its financial services offering and will instead switch to a distributed model.
Travis Perkins says their Q4 trading was in-line with own expectations as pricing has stabilised vs Q3.
UK
AJ Bell
Bakkavor Group
Centamin
Currys
Dr. Martens
Energean
Flutter Entertainment
Hays
Marshalls
Sage Group
W.A.G Payment Solutions
US
Taiwan Semiconductor Manufacturing
UK
4imprint Group
Burberry Group
Close Brothers Group
Dunelm Group
Petershill Partners
Spirent Communications
US
SLB
ECB Monetary Policy Meeting Accounts
US Housing Starts
US Building Permits
US Initial Jobless Claims
Philadelphia Fed Manufacturing Survey
US Existing Home Sales Change
Japanese National Consumer Price Index
UK 100 companies going ex-dividend on 18th January 2023:
B&M European Value Retail S.A.
Compass Group
Diploma
UK 250 companies going ex-dividend on 18th January 2023:
NB Private Equity Partners
Games Workshop Group
Future
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