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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Rio Tinto PLC | 5,178.0 | 2.3% |
| Lloyds Banking Group PLC | 41.4 | 2.1% |
| Bunzl PLC | 2,858.0 | 2.1% |
| BAE Systems PLC | 1,098.5 | 2.0% |
| Sage Group PLC | 967.8 | 1.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Ocado Group PLC | 450.1 | -11.3% |
| Reckitt Benckiser Group PLC | 5,698.0 | -3.7% |
| Airtel Africa PLC | 112.3 | -2.1% |
| Vodafone Group PLC | 74.0 | -2.0% |
| JD Sports Fashion PLC | 126.5 | -1.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,416 | 0.4% | 5.6% |
| DOW JONES INDUS. AVG | 33,197 | 0.2% | 4.1% |
| DAX INDEX | 14,886 | 0.0% | 14.0% |
| NIKKEI 225 | 31,270 | 0.7% | 14.0% |
| S&P/ASX 200 INDEX | 6,854 | 0.0% | 0.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 83.15 | -0.70% |
| Brent Crude (ICE) | USD/bbl. | 87.79 | -0.32% |
| Gold Spot | USD/t oz. | 1,973 | 0.1% |
| Copper (Comex) | USd/lb. | 361 | -0.4% |
Click graph to enlarge
The UK 100 called to open -31 points at 7,384. The UK 100 looks set to open firmly lower this morning, this follows on from a though session on Wall Street yesterday which saw all three major indices fall, the tech heavy Nasdaq leading the drop, falling 2.4%, for its biggest one day fall since February, The tech sell-off was led by Google parent Alphabet, as its shares plunged 9.5% after disappointing cloud sales offset an earnings and revenue beat. The Dow Jones fell 0.3%, the S&P slipped 1.4%. In focus today will be the ECB’s interest rate decision, the consensus expectation is that they are likely to leave interest rates unchanged.
DS Smith says trading has been inline with expectations as they predict an adjusted EBITDA for H1 of £360m.
GSK says ViiV Healthcare’s Vocabria drug has been approved by the Chinese administrator.
Hunting wins a $59m order for titanium stress joints as they leave their FY EBITDA outlook unchanged at $96-100m.
Renishaw states that their trading has been challenging amid subdued demand, notably in the semiconductor sector.
Standard Chartered report that their Q3 pretax profit fell by a third, trailing analyst estimates, as tax charges and impairment hit its bottom line. Their statutory pretax profit for the year fell to $633m, compared with $966m in the same quarter last year and below the $1.41bn average of analyst estimates compiled by the bank.
Unilever met underlying sales expectations after raising prices at a slower rate than in recent quarters, but were still failing to win back shoppers who traded down to cheaper products amid a global cost of living crisis. They have also named Fernando Fernandez as their new CFO.
WPP have cut their outlook for the second quarter in a row, saying it now expected like-for-like growth this year would be 0.5-1.0%, as big tech clients continued to rein in marketing spend.
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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
UK
International Consolidated Airlines Group
NatWest Group
US
AbbVie
Aon
Chevron
Exxon Mobil
EU leaders summit
ECB Monetary Policy Statement
ECB Rate On Deposit Facility
ECB Rate On Main Refinancing Operations
US Core Personal Consumption Expenditures
US Durable Goods Orders
US Gross Domestic Product Annualized
US Gross Domestic Product Price Index
US Initial Jobless Claims
US Nondefense Capital Goods Orders ex Aircraft
US Personal Consumption Expenditures Prices
ECB Press Conference
US Pending Home Sales
BoE’s Cunliffe speech
Tokyo Consumer 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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