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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Londonmetric Property PLC | 204.0 | 2.6% |
| Entain PLC | 646.0 | 2.2% |
| Land Securities Group PLC | 629.7 | 2.1% |
| Severn Trent PLC | 2,571.0 | 1.5% |
| Unite Group PLC | 957.5 | 1.3% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Fresnillo PLC | 541.5 | -2.3% |
| Whitbread PLC | 2885.0 | -1.8% |
| Intermediate Capital Group PLC | 2126.0 | -1.7% |
| Shell PLC | 2674.3 | -1.4% |
| Anglo American PLC | 2209.0 | -1.3% |
| Major World Indices | Price | % Chg | 1 Year |
| FTSE 100 INDEX | 8,377 | 0.0% | 12.2% |
| DOW JONES INDUS. AVG | 41,563 | 0.6% | 19.3% |
| DAX INDEX | 18,907 | 0.0% | 19.4% |
| NIKKEI 225 | 38,701 | 0.1% | 18.3% |
| S&P/ASX 200 INDEX | 8,110 | 0.2% | 11.4% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 73.72 | -2.88% |
| Brent Crude (ICE) | USD/bbl. | 78.78 | -1.45% |
| Gold Spot | USD/t oz. | 2,498 | -0.9% |
| Copper (Comex) | USd/lb. | 421 | -0.2% |
Click graph to enlarge
The UK 100 called to open +13 points at 8,389. The UK 100 looks set to open higher this morning to start the new trading month on the front foot.
On Friday, US Markets gained further traction, with the Dow Jones hitting a fresh record high as investors ended the week on a high note. Traders also considered PCE inflation data released which is the preferred metric of the Federal Reserve. The 30-stock Dow jumped 228.03 points, or 0.55%, to close at 41,563.08. The S&P advanced 1.01%, closing at 5,648.40, and the tech-heavy Nasdaq gained 1.13% to end at 17,713.62.
The personal consumption expenditures price index, rose by 0.2% month on month in July and rose 2.5% from a year ago. The result was in line with estimates from economists polled by Dow Jones.
US Markets are closed today for the Labor Day holiday.
Kainos Expect to deliver Profit Before Tax in line with market forecasts for year ending March FY25. However, due to tougher trading environment in YTD, group expects revenues to be below current market estimates.
Sydney-listed REA Group on Monday confirmed it is considering considering make a cash and shares takeover offer for Rightmove, saying it was responding to “press speculation”. REA said it has not yet “approached, nor had any discussions with, Rightmove regarding any potential offer”. However, the company said it sees a “transformational opportunity” in the combination of the two companies.
Barclays cuts Kingfisher to Equal weight from Overweight (5 Buy/ 3 Hold/7 Sell)
UK
Kainos Group
US
None
UK
Ashtead Group
DS Smith
Watches of Switzerland Group
US
Zscaler
Chinese Caixin Manufacturing PMI
German HCOB Manufacturing PMI
UK BRC Like-For-Like Retail Sales
UK 100 companies going ex-dividend on 5th September 2024:
Smith (DS)
Croda International
International Cons Airlines Group
Aviva
Admiral Group
Antofagasta
Prudential
UK 250 companies going ex-dividend on5th September 2024:
Greggs
Rathbones Group
International Workplace Group
Derwent London
JLEN Environmental Assets Group
Empiric Student Property
Ithaca Energy
BlackRock World Mining Trust
BBGI Global Infrastructure S.A.
Assura
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