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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Easyjet PLC | 488.0 | 2.7% |
| B&M European Value Retail S.A. | 447.1 | 2.2% |
| Rolls-Royce Holdings PLC | 472.3 | 1.7% |
| Tesco PLC | 361.7 | 1.6% |
| Reckitt Benckiser Group PLC | 4,443.0 | 1.4% |
| Rightmove PLC | 660.0 | -6.8% |
| Fresnillo PLC | 511.5 | -5.6% |
| Anglo American PLC | 2108.5 | -4.8% |
| Antofagasta PLC | 1757.0 | -4.6% |
| Melrose Industries PLC | 464.7 | -4.3% |
| Major World Indices | Price | % Chg | 1 Year |
| UK 100 INDEX | 8,298 | -0.8% | 11.4% |
| DOW JONES INDUS. AVG | 40,937 | -1.5% | 17.5% |
| DAX INDEX | 18,747 | -1.0% | 18.5% |
| NIKKEI 225 | 36,936 | -4.5% | 12.3% |
| S&P/ASX 200 INDEX | 7,951 | -1.9% | 8.9% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 70.00 | -0.48% |
| Brent Crude (ICE) | USD/bbl. | 73.44 | -0.42% |
| Gold Spot | USD/t oz. | 2,492 | 0.0% |
| Copper (Comex) | USd/lb. | 408 | -0.4% |
Click graph to enlarge
The UK 100 called to open -71 points at 8,227. The UK 100 looks set to open sharply lower this morning, in a continuation of yesterdays global market fall.
Stocks tumbled on Tuesday Stateside as technology names struggled and new economic data rekindled fears around the health of the economy. The Dow Jones fell 626.15 points, or 1.51%, to end at 40,936.93. The S&P slid 2.12%, closing at 5,528.93. The Nasdaq dropped 3.26% and settled at 17,136.30. All three indexes notched their worst days since the global sell-off on Aug. 5th.
Asia markets dropped today, led by Japan’s Nikkei down nearly 4%. In mainland China, the Shanghai Composite was down 0.63%. While Hong Kong’s Hang Seng tumbled 1.31% at the same time.
Barratt Developments said this morning that housing demand continues to be sensitive to mortgage affordability after it posted a 56% fall in its annual profit on Wednesday, as high interest rates and sticky inflation dampened buyers’ sentiment. Barratt delivered adjusted pre-tax profit of £385 million ($504.7 million) for the year ended June 30, compared with LSEG average analysts’ estimate of £365 million.
Direct Line Group posted ongoing operating profit of £63.7 million ($83.49 million) against estimates of £85 million, according to a company-compiled consensus.
M&G reported a 4% fall in first-half operating profit to £375 million ($491.63 million) on Wednesday, hit by weaker performance in its life and wealth business. Analysts in a company-compiled consensus poll had forecast adjusted operating profit of £355 million. M&G also said it would combine its life and wealth units as part of a broader “simplification agenda” that is expected to deliver a total of £220 million in cost savings by 2025.
No New broker comments
UK
Barratt Developments
Direct Line Insurance Group
M&G
US
GameStop
Hewlett Packard Enterprise
UK
Ashmore Group
Bakkavor Group
Currys
Genus
International Public Partnership
Safestore Holdings
Vistry Group
W.A.G Payment Solutions
US
DocuSign
UiPath
Chinese Caixin Services PMI
German HCOB Composite PMI
German HCOB Services PMI
EU HCOB Composite PMI
EU Producer Price Index
US Factory Orders
US JOLTS Job Openings
Fed’s Beige Book
Japanese Labor Cash Earnings
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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