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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Astrazeneca PLC | 11,270.0 | 2.7% |
| Intercontinental Hotels Group PLC | 6,154.0 | 2.1% |
| Beazley PLC | 534.0 | 2.0% |
| Jd Sports Fashion PLC | 136.5 | 2.0% |
| Barratt Developments PLC | 423.1 | 1.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Hargreaves Lansdown PLC | 743.0 | -2.5% |
| BT Group PLC | 117.4 | -2.1% |
| St. James’s Place PLC | 660.6 | -1.7% |
| Melrose Industries PLC | 471.2 | -1.5% |
| RS Group PLC | 713.8 | -1.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,680 | 0.7% | 10.6% |
| DOW JONES INDUS. AVG | 33,956 | -0.1% | 12.5% |
| DAX INDEX | 15,214 | -0.2% | 19.8% |
| NIKKEI 225 | 32,040 | 1.2% | 18.0% |
| S&P/ASX 200 INDEX | 7,056 | 0.4% | 4.1% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 87.06 | 0.46% |
| Brent Crude (ICE) | USD/bbl. | 90.17 | 0.58% |
| Gold Spot | USD/t oz. | 1,925 | 0.2% |
| Copper (Comex) | USd/lb. | 358 | 0.0% |
Click graph to enlarge
The UK 100 called to open +19 points at 7,694. The UK 100 looks set to make a bright start this morning, despite inflation being unchanged as fuel costs continued to rise. Core inflation however did ease slightly. The S&P closed near flat on Tuesday as investors analysed the latest bond yield moves and corporate earnings season gained steam. The broad index slipped 0.01% to end at 4,373.20, while the Nasdaq slipped 0.25% to 13,533.75. The Dow Jones however added 13.11 points, or 0.04%, to close at 33,997.65.
Antofagasta expects its copper production to increase between 670,000-710,000 metric tonnes in 2024 due to progress in expanding its Los Pelambres mine. They have produced 469,100 tonnes of copper in the first nine months of the year, which is 4.1% higher than the same period last year.
Barratt Developments have forecast that their annual outlook is to remain “uncertain” in the wake of a challenging mortgage market, although they reaffirmed their FY home-building targets. They will focus on driving revenue through multi-unit sales to the private rental and affordable housing sectors, besides doling out incentives to customers to boost sales.
Marshalls sees their FY expectations unchanged.
Segro says they are on track for a strong year of rent roll growth due to active asset management and demand for their high-quality product.
Whitbread posted a 44% rise in HY profit, helped by strong demand and resilient spending at its pubs and restaurants. They reported an adjusted HY profit before tax of £391m, up from £272m YoY.
888 Holdings says their Q3 result was in line with their September trading update as there is no change in their FY expectations.
CitiGroup Downgrades Wizz Air to Sell from Neutral (12 Buys / 5 Holds / 1 Sell)
UK
Antofagasta
Liontrust Asset Management
Quilter
Segro
Whitbread
US
Morgan Stanley
Procter & Gamble
Netflix
Tesla
UK
Centamin
Dunelm Group
London Stock Exchange Group
Mondi
Rathbone Brothers
Rentokil Initial
US
AT&T
Blackstone
Philip Morris International
Taiwan Semiconductor Manufacturing
Intuitive Surgical
Chinese Gross Domestic Product
Chinese Industrial Production
Chinese Retail Sales
UK Consumer Price Index
UK Core Consumer Price Index
UK PPI Core Output
UK Producer Price Index – Output
UK Retail Price Index
EU Core Harmonized Index of Consumer Prices
US Building Permits
US Housing Starts
Fed’s Beige Book
Japanese Exports
Japanese Imports
Japanese Merchandise Trade Balance Total
UK 100 companies going ex-dividend on 19th October 2023:
Smiths Group
BAE Systems
UK 250 companies going ex-dividend on 19th October 2023:
Close Brothers Group
ITV
Foresight Solar Fund
Marshalls
Coats Group
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