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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| CRH PLC | 4,545.0 | 4.7% |
| IMI PLC | 1,483.0 | 0.9% |
| Barratt Developments PLC | 471.0 | 0.7% |
| Pershing Square Holdings LTD | 3,018.0 | 0.6% |
| Astrazeneca PLC | 11,106.0 | 0.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Entain PLC | 906.8 | -14.1% |
| Ocado Group PLC | 647.6 | -6.3% |
| Imperial Brands PLC | 1,635.0 | -5.9% |
| Burberry Group PLC | 1,907.5 | -4.9% |
| Flutter Entertainment PLC | 13,460.0 | -4.0% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,592 | -1.2% | 8.4% |
| DOW JONES INDUS. AVG | 33,806 | -0.5% | 14.3% |
| DAX INDEX | 15,350 | -1.3% | 25.3% |
| NIKKEI 225 | 32,679 | 0.9% | 23.6% |
| S&P/ASX 200 INDEX | 7,077 | 0.1% | 7.6% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 89.08 | -1.06% |
| Brent Crude (ICE) | USD/bbl. | 92.58 | -0.74% |
| Gold Spot | USD/t oz. | 1,917 | -0.4% |
| Copper (Comex) | USd/lb. | 366 | -0.9% |
Click graph to enlarge
The UK 100 called to open -23 points at 7,600. The UK 100 looks set to open slightly this morning, despite a strong close to the US trading session yesterday which saw Wall Street break a four day losing streak. Focus will be on the reported US Government shut down as Moody’s warned that if it were to go ahead, it would threaten the country’s triple A credit rating. In Asia, stocks fell further with jitters over the healthy of the Chinese property sector still on investor’s minds after Evergrande announced on Monday that it was unable to issue new debt as its subsidiary was “being investigated”.
A.G. Barr sees their annual profit in line with recently increased market expectations.
ASOS reported a 10% fall in FY revenue but said that they were profitable in the final quarter and that its recovery was making progress. They now expect their H2 EBIT to be around the bottom of their guided £40-60m.
Close Brothers report a FY pretax profit of £112m.
Smiths Group posted a 20% rise in operating profit as demand for scanners, valves and connectors soared, helped by decarbonisation trends. They reported an annual operating profit of £501m and said they expected more growth next year.
Exane BNP Upgrades Aviva to Neutral from Underperform (5 Buys / 5 Holds / 0 Sells)
Investec Upgrades Kingfisher to Buy from Hold (1 Buy / 8 Holds / 4 Sells)
Morgan Stanley Upgrades Barclays to Overweight (8 Buys / 6 Holds / 0 Sells)
Peel Hunt Upgrades Britvic to Buy from Hold (6 Buys / 5 Holds / 0 Sells)
UK
Barr (AG)
Close Brothers
PZ Cussons
Smiths Group
US
Costco Wholesale
UK
None
US
Micron Technology
US Housing Price Index
US Consumer Confidence
US New Home Sales Change
Japanese BoJ Monetary Policy Meeting Minutes
UK 100 companies going ex-dividend on 28th September 2023:
Barratt Developments
Phoenix Group Holdings
M&G
British American Tobacco
Smurfit Kappa Group
Rightmove
UK 250 companies going ex-dividend on 28th September 2023:
Foresight Group Holdings
TP ICAP Group
Petershill Partners
Hipgnosis Songs Fund
Kainos Group
Computacenter
Mercantile Investment Trust
HgCapital Trust
Games Workshop Group
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