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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Spirax-Sarco Engineering PLC | 8,400.4 | 2.6% |
| London Stock Exchange Group PLC | 8,244.0 | 2.1% |
| Admiral Group PLC | 2,482.0 | 2.1% |
| Halma PLC | 1,860.5 | 0.9% |
| Weir Group PLC | 1,777.5 | 0.9% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Rentokil Initial PLC | 494.0 | -17.0% |
| Rightmove PLC | 503.8 | -12.4% |
| Mondi PLC | 1,246.5 | -6.5% |
| Hargreaves Lansdown PLC | 697.2 | -5.4% |
| Unite Group PLC | 864.5 | -3.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,494 | -1.2% | 8.5% |
| DOW JONES INDUS. AVG | 33,545 | -0.4% | 10.3% |
| DAX INDEX | 15,041 | -0.4% | 18.3% |
| NIKKEI 225 | 31,431 | -1.9% | 16.4% |
| S&P/ASX 200 INDEX | 6,982 | -1.4% | 2.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 87.80 | -0.59% |
| Brent Crude (ICE) | USD/bbl. | 90.97 | -0.58% |
| Gold Spot | USD/t oz. | 1,951 | 0.2% |
| Copper (Comex) | USd/lb. | 358 | -0.3% |
Click graph to enlarge
The UK 100 called to open -30 points at 7,469. The UK 100 looks set to open lower once more, as investors continue to contemplate interest rate concerns and worries over the ongoing conflict in the Middle East. US markets closed down sharply after Federal Reserve chair Jerome Powell left the door ajar for a further interest rate increase. The Dow Jones shed 250.91 points, or 0.75%, to end at 33,414.17. The S&P dropped 0.85% to 4,278, while the Nasdaq finished 0.96% lower at about 13,186. Data out this morning shows Retail sales across Great Britain have fallen by more than expected last month, underlying the drop in consumer confidence flagged by GfK also this morning.
InterContinental Hotels Group is expected to close out 2023 with “very strong” financials as they reported a rise in quarterly revenue per room on strong summer travel demand and a recovery in China to pre-pandemic levels. Their global revenue per available room was up 10.5% in Q3 compared to last year. They have benefited from a boom in leisure travel demand after the pandemic, as people splurge their savings on vacations despite rising costs of living.
ITM Power completes the disposal of Motive fuels and will generate a marginal cash amount.
No new broker comments
UK
None
US
American Express
SLB
UK
None
US
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PBoC Interest Rate Decision
UK Retail Sales
German Producer Price Index
UK 250 companies going ex-dividend on 26th October 2023:
Dunelm Group
Morgan Advanced Materials
Sequoia Economic Infrastructure Inc Fnd
City of London Investment Trust
Balfour Beatty
Bankers Investment Trust
Pacific Horizon Investment Trust
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