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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Ocado Group PLC | 793.6 | 3.9% |
| Mondi PLC | 1,387.0 | 3.7% |
| Reckitt Benckiser Group PLC | 5,828.0 | 1.2% |
| BT Group PLC | 118.0 | 0.9% |
| Glencore PLC | 459.2 | 0.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Persimmon PLC | 1,036.5 | -3.9% |
| RS Group PLC | 716.4 | -3.7% |
| Airtel Africa PLC | 125.0 | -3.6% |
| Abrdn PLC | 158.0 | -3.5% |
| Land Securities Group PLC | 573.0 | -3.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,654 | -0.8% | 6.1% |
| DOW JONES INDUS. AVG | 34,620 | 0.0% | 12.3% |
| DAX INDEX | 15,723 | -1.1% | 23.7% |
| NIKKEI 225 | 33,533 | 1.1% | 21.6% |
| S&P/ASX 200 INDEX | 7,230 | -0.7% | 7.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 91.91 | 1.26% |
| Brent Crude (ICE) | USD/bbl. | 94.68 | 0.80% |
| Gold Spot | USD/t oz. | 1,927 | 0.2% |
| Copper (Comex) | USd/lb. | 377 | -0.7% |
Click graph to enlarge
The UK 100 called to open -4 points at 7,647. The UK 100 looks set to open close to flat, this follows on from a mixed start to the week for the UK’s blue chip index. Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates. Japan’s benchmark, the Nikkei dropped 1.2% in morning trading. Australia’s S&P/ASX lost 0.4% while South Korea’s Kospi edged down 0.3%. In Hong Kong, the Hang Seng slipped 0.1%, while the Shanghai Composite fell 0.1%. This follows a broadly positive session on Wall Street yesterday, the S&P edged up 0.1% to 4,453.53, while the Dow Jones Industrial Average rose less than 0.1% to 34,624,30. The Nasdaq composite added less than 0.1% to 13,710.24.
GSK says ViiV Healthcare’s Apretude has been approved by the European Commission for HIV prevention.
Hargreaves Lansdown beat its annual profit estimates, supported by net new business growth as rising interest rates pushed investors to take advantage if the investment platform’s Active Saving services. They reported an annual profit before tax of £402.7m, higher than the company-compiled consensus of £379.4m.
Kingfisher has downgraded its annual profit forecast to £590m from £634m, to better reflect its trading environment and said it would focus on managing costs.
Ocado have maintained their FY profit outlook as they reported a 7.2% rise in Q3 revenue, with a return to positive volume growth in the last month of the quarter.
Renishaw reports a FY pretax profit of £145.1m.
SThree says trading was in line with market expectations for the FY.
Barclays Downgrades S4 Capital to Equal Weight from Overweight (5 Buys / 0 Holds / 0 Sells)
HSBC Downgrades NatWest to Hold (11 Buys / 4 Holds / 0 Sells)
UK
Hargreaves Lansdown
Kingfisher
Ocado Group
Sthree
US
None
UK
Dunelm Group
M&G
Supermarket Income REIT
US
FedEx
EU Core Harmonized Index of Consumer Prices
EU Harmonized Index of Consumer Prices
US Building Permits
US Housing Starts
Japanese Exports
Japanese Imports
Japanese Merchandise Trade Balance Total
UK 100 companies going ex-dividend on 21st September 2023:
None
UK 250 companies going ex-dividend on 19th September 2023:
Rathbones Group
UK 250 companies going ex-dividend on 21st September 2023:
Crest Nicholson Holdings
IG Group Holdings
FDM Group (Holdings)
Fidelity European Trust
Essentra
Grafton Group
JTC
Dowlais Group
Redrow
abrdn Private Equity Opportunities Trust
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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