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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rio Tinto PLC | 5,060.0 | 3.5% |
| Astrazeneca PLC | 10,438.0 | 3.4% |
| United Utilities Group PLC | 1,038.0 | 2.6% |
| Airtel Africa PLC | 114.7 | 2.4% |
| Antofagasta PLC | 1,328.0 | 2.4% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Experian PLC | 2,411.0 | -10.3% |
| Barclays PLC | 134.6 | -6.5% |
| Bunzl PLC | 2,799.0 | -4.0% |
| Natwest Group PLC | 207.8 | -3.5% |
| St. James’s Place PLC | 617.6 | -3.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,390 | 0.2% | 5.4% |
| DOW JONES INDUS. AVG | 33,141 | 0.6% | 4.1% |
| DAX INDEX | 14,880 | 0.5% | 14.0% |
| NIKKEI 225 | 31,270 | 0.7% | 14.8% |
| S&P/ASX 200 INDEX | 6,854 | 0.0% | 0.8% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 83.39 | -0.39% |
| Brent Crude (ICE) | USD/bbl. | 87.78 | -0.33% |
| Gold Spot | USD/t oz. | 1,973 | 0.1% |
| Copper (Comex) | USd/lb. | 363 | 0.2% |
Click graph to enlarge
The UK 100 called to open +4 points at 7,392. The UK 100 looks set to open broadly flat, despite positive sessions on Wall Street and in Asia respectively. Asian markets were boosted after China announced the issuance of $137 billion in additional sovereign bonds and Hong Kong’s government announced new support measures to buoy the financial hub’s languishing economy. The Dow gained 204.97 points, or 0.62% to close at 33,141.38. The S&P added 0.73% to finish the session at 4,247.68, and the Nasdaq climbed 0.93% to 13,139.87.
Fresnillo report that their Q3 silver output fell 5.1% QoQ to 14.1m oz, gold output also fell 13% QoQ to 132,600 oz. They are continuing to address the impact of inflation and peso revaluation and have left their 2023 output guidance unchanged.
GSK says phase 3 Arexvy results meet primary endpoints in 50-59 year olds.
Ibstock report that their underlying profit expectations for 2023 are unchanged despite subdued demand. They are actively managing capacity and costs to align with market demand as Q3 markets remained “robust” due to cost cuts and stable pricing.
Lloyds reported a Q3 profit broadly in line with forecasts as the revenue boost from higher interest rates was counterbalanced by competitive pressure on margins and flagging lending demand. They reported a Q3 pretax profit of £1.9bn, up from £576m last year and marginally above the £1.8bn average of analyst forecasts compiled by the bank.
Reckitt Benckiser missed their Q3 like-for-like sales expectations despite raising prices to help offset rising raw material costs. Q3 like-for-like sales rose 3.4%, behind the 3.7% growth analysts had expected in a company-supplied poll.
Barclays Downgrades Mondi to Underweight from Equal Weight (4 Buys / 3 Holds / 0 Sells)
Berenberg Upgrades XP Power to Buy from Hold (1 Buy / 5 Holds / 0 Sells)
UK
Bytes Technology Group
Fresnillo
Ibstock
Lloyds Banking Group
US
Automatic Data Processing
Boeing
CME Group
Thermo Fisher Scientific
International Business Machines
Meta Platforms
Meta Platforms
ServiceNow Inc
UK
C&C Group
GCP Infastructure Investments
Harbourvest Global Private Equity
Hunting
Inchcape
Renishaw
Standard Chartered
Unilever
WPP Group
US
Bristol-Myers Squibb
Keurig Dr Pepper
Mastercard
Merck & Co
Newmont
Takeda Pharmaceutical
Willis Towers Watson
Amazon.com
Ford Motor Co
Intel Corp
German IFO – Business Climate
German IFO – Current Assessment
German IFO – Expectations
US New Home Sales Change
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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