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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Centrica PLC | 156.0 | 1.9% |
| Whitbread PLC | 3,547.5 | 1.8% |
| Weir Group PLC | 1,895.0 | 1.7% |
| Admiral Group PLC | 2,409.0 | 1.6% |
| BP PLC | 509.7 | 1.6% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| B&M European Value Retail S.A. | 550.2 | -3.0% |
| Ashtead Group PLC | 5,314.0 | -2.8% |
| Croda International PLC | 5,326.0 | -2.6% |
| Ocado Group PLC | 857.8 | -2.4% |
| Tesco PLC | 257.5 | -2.4% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,450 | 0.0% | 2.4% |
| DOW JONES INDUS. AVG | 34,793 | -0.1% | 11.1% |
| DAX INDEX | 15,791 | -0.2% | 23.9% |
| NIKKEI 225 | 33,037 | 0.3% | 19.6% |
| S&P/ASX 200 INDEX | 7,314 | -0.1% | 6.7% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 86.73 | 1.38% |
| Brent Crude (ICE) | USD/bbl. | 89.86 | 0.97% |
| Gold Spot | USD/t oz. | 1,927 | -0.8% |
| Copper (Comex) | USd/lb. | 384 | -0.3% |
Click graph to enlarge
The UK 100 called to open -38 points at 7,399. The UK 100 looks set to open lower this morning following yesterday’s news that Saudi Arabia had extended production cuts until the end of the year pushing oil prices higher. On Wall Street the Dow Jones lost 195.74 points, or 0.56%, to finish at 34,641.97. The S&P dropped 0.42% to close at 4,496.83. While the Nasdaq edged down 0.08% to settle at 14,020.95.
Ashmore report a FY revenue of £195.4m and EBITDA of £80.6m.
Barratt Developments have forecast difficult trading conditions over the coming months after they posted a fall in annual profit as high mortgage rates and a cost-of-living squeeze has pummelled demand. They reported a pretax profit of £884.3m for the year ended June 30th, compared with analyst consensus of £882m. They have reduced their FY23 dividend to 33.7p down from 36.9p YoY.
Bakkavor expects their FY23 operating profit to be £89.4m, in line with prior year.
Darktrace report a FY net income of $58.958m.
Halfords reports that their trading is in line with expectations as they expect their FY pretax profit to be between £48-58m.
WH Smith report that their annual revenue jumped 28% YoY, driven by a busy summer travel season. They expect their results for their FY ended Aug 31st to be in line with estimates.
JP Morgan places Sage Group on ‘Positive catalyst watch’ (9 Buys / 7 Holds / 2 Sells)
UK
Ashmore Group
Barratt Developments
Darktrace
WH Smith
US
ChargePoint Holdings
GameStop
UK
Beazley
Direct Line Insurance Group
Genus
Hilton Food Group
International Public Partnership
Playtech
Safestore Holdings
US
DocuSign
German Factory Orders n.s.a.
EU Retail Sales
US S&P Global Composite PMI
US ISM Services Employment Index
US ISM Services New Orders Index
US ISM Services PMI
US ISM Services Prices Paid
Fed’s Beige Book
UK 100 companies going ex-dividend on 7th September 2023:
Smith (DS)
Admiral Group
Prudential
UK 250 companies going ex-dividend on 7th September 2023:
Harbour Energy
TBC Bank Group
CLS Holdings
Derwent London
BlackRock World Mining Trust
Empiric Student Property
Serco Group
Baltic Classifieds Group
Greggs
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