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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Ocado Group PLC | 491.1 | 6.8% |
| M&G PLC | 196.3 | 2.1% |
| Compass Group PLC | 2,082.0 | 1.8% |
| International Consolidated Airlines Group S.A. | 142.8 | 1.7% |
| Smith (Ds) PLC | 273.4 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Standard Chartered PLC | 631.6 | -11.5% |
| Rentokil Initial PLC | 404.0 | -11.1% |
| Endeavour Mining PLC | 1,633.0 | -4.9% |
| B&M European Value Retail S.A. | 531.2 | -4.1% |
| Hikma Pharmaceuticals PLC | 1,905.5 | -2.9% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,366 | -0.7% | 4.6% |
| DOW JONES INDUS. AVG | 33,050 | 0.0% | 3.8% |
| DAX INDEX | 14,747 | -1.0% | 11.9% |
| NIKKEI 225 | 30,602 | -2.1% | 11.9% |
| S&P/ASX 200 INDEX | 6,812 | -0.6% | -0.5% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 84.00 | -1.63% |
| Brent Crude (ICE) | USD/bbl. | 88.94 | -1.32% |
| Gold Spot | USD/t oz. | 1,981 | 0.1% |
| Copper (Comex) | USd/lb. | 360 | 0.2% |
Click graph to enlarge
The UK 100 called to open +12 points at 7,368. UK 100 is set to open slightly higher on Friday as traders eye a key US inflation reading this afternoon. The US closed lower on Thursday with the Dow -0.8%, S&P -1.2% and Nasdaq -1.8%. In Asia on Friday Tokyo closed +1.3%, Shanghai +1.1% and Hong Kong +2%.
IAG reported a record Q3 profit as airliners have benefited from strong summer travel. They reported an operating profit of £1.7bn euros, citing an overall recovery in its balance sheet. They state that “2023 is to be a year of strong recovery”.
NatWest reported a Q3 profit in line with forecasts, pinched by tighter competition for savers’ cash as the lender deals with the reputational fallout from a damaging “debanking” row with Nigel Farage. They reported a Q3 pretax profit of £1.3bn, up from £1.1bn the prior year and broadly in line with the £1.4bn average of analyst forecasts compiled by the bank.
XP Power says their Q3 operating profit was slightly ahead of its prior expectations, but says their FY expectations are unchanged.
Berenberg Downgrades Reckitt Benckiser to Hold from Buy (7 Buys / 5 Holds / 0 Sells)
JP Morgan Upgrades Trainline to Overweight from Neutral (9 Buys / 1 Hold / 0 Sells)
UK
International Consolidated Airlines Group
NatWest Group
US
AbbVie
Aon
Chevron
Exxon Mobil
UK
Glencore
HSBC Holdings
Pearson
US
McDonald’s Corp
Arista Networks
EU leaders summit
US Core Personal Consumption Expenditures – Price Index
US Personal Income
US Personal Spending
Michigan Consumer Sentiment Index
UoM 5-year Consumer Inflation Expectation
UK 100 companies going ex-dividend on 2nd November 2023:
Whitbread
UK 250 companies going ex-dividend on 2nd November 2023:
Ashmore Group
PZ Cussons
European Smaller Companies Trust
ME Group International
Renishaw
Hilton Food Group
Tritax Big Box REIT
BlackRock Smaller Companies Trust
VinaCapital Vietnam Opportunity Fund
Edinburgh Investment Trust
European Opportunities Trust
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