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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Melrose Industries PLC | 541.4 | 2.3% |
| Rolls-Royce Holdings PLC | 210.0 | 1.7% |
| 3I Group PLC | 1,924.0 | 1.3% |
| Bae Systems PLC | 1,021.5 | 1.2% |
| HSBC Holdings PLC | 644.1 | 1.2% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Scottish Mortgage Investment Trust PLC | 695.2 | -2.0% |
| Anglo American PLC | 2,201.0 | -1.9% |
| Unite Group PLC | 946.5 | -1.7% |
| B&M European Value Retail S.A. | 535.8 | -1.6% |
| Endeavour Mining PLC | 1,711.0 | -1.6% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,558 | -0.1% | 1.3% |
| DOW JONES INDUS. AVG | 35,376 | 0.9% | 7.9% |
| DAX INDEX | 15,954 | 0.0% | 17.2% |
| NIKKEI 225 | 32,255 | 0.2% | 14.2% |
| S&P/ASX 200 INDEX | 7,309 | -0.2% | 4.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 81.65 | -1.41% |
| Brent Crude (ICE) | USD/bbl. | 85.11 | -1.31% |
| Gold Spot | USD/t oz. | 1,934 | -0.4% |
| Copper (Comex) | USd/lb. | 383 | -0.9% |
Click graph to enlarge
The UK 100 called to open -30 point at 7,524. The UK 100 looks set to open in the red on Tuesday as a survey showed the wet weather hit UK retail sales in July and after weak Chinese trade data. China’s exports and imports fell more sharply than expected in July adding to concerns that growth in the world’s second-largest economy is slowing. Exports declined by 14.5% year on year in dollar terms, the steepest fall since the outset of the coronavirus pandemic in February 2020. Imports tumbled 12.4%, the biggest decline since a wave of infections hit the mainland in January and one of the worst in recent years. Wall Street kicked off the trading week with a green sweep, the blue-chip Dow Jones added more than 400 points, while Nasdaq gained 0.61% & the S&P adding 0.9%.
ABRDN reported a drop in its HY assets under management as global markets turmoil and Britain’s economic chills weighed on investor sentiment. They reported assets under management of £496bn for HY ended June 30th compared with £500bn at December-end.
Glencore reported that their earnings had halved in H1 even as they keep their eyes set on acquisitions, including a possible partial or full takeover of Teck Resources. Their EBITDA in H1 fell to $9.39bn, down from $18.92bn a year earlier.
IHG reported a 17% rise in Q2 global hotel room revenue aided by higher room rates and a rebound in China.
IWG posted a surge in HY profit helped by high demand for flexible work products and improved pricing as clients hunt for prime locations amid a swifter switch to hybrid-work models. Their adjusted core profit from continuing operations for HY ended June 30th jumped 48% on a constant currency basis to £198m.
Spirax-Sarco CEO Nicholas Anderson is to retire in early 2024, he will be replaced by group CFO Nimesh Patel on Jan 16 2024.
RPT/Deutsche Bank Downgrades WPP to Hold from Buy (8 Buys / 2 Holds / 0 Sells)
UK
Glencore
IWG
InterContinental Hotels Group
Quilter
Rotork
TI Fluid Systems
abrdn
US
AMC Entertainment
Barrick Gold
Eli Lilly and Co
Plug Power
Jackson Financial
Marathon Digital Holdings
Rivian Automotive
Take-Two Interactive Software
Twilio
Upstart Holdings
UK
4imprint Group
Bellway
CLS Holdings
Coca-Cola HBC AG
Flutter Entertainment
Hill & Smith Holdings
TP ICAP
TUI
US
Illumina
The Walt Disney Co
Chinese Exports
Chinese Imports
Chinese Trade Balance
German Harmonized Index of Consumer Prices
UK 100 companies going ex-dividend on 10th August 2023:
Ashtead Group
Rio Tinto
Barclays
Shell
Informa
SEGRO
Natwest Group
AstraZeneca
Standard Chartered
IMI
Pearson
HSBC Holdings
BP
Fresnillo
UK 250 companies going ex-dividend on 10th August 2023:
Greencoat UK Wind
Vanquis Banking Group
GCP Infrastructure Investments
Impax Environmental Markets
Scottish American Investment Company
Man Group
Domino’s Pizza Group
Renewables Infrastructure Group
Target Healthcare REIT
Spirent Communications
IP Group
Balanced Commercial Property Trust
Tritax Big Box REIT
Hikma Pharmaceuticals
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