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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Associated British Foods PLC | 2,258.0 | 7.2% |
| Beazley PLC | 565.0 | 6.6% |
| Ocado Group PLC | 549.0 | 3.6% |
| Frasers Group PLC | 837.5 | 3.5% |
| Natwest Group PLC | 195.1 | 2.8% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| Anglo American PLC | 2,138.0 | -3.6% |
| Antofagasta PLC | 1,307.5 | -3.1% |
| Glencore PLC | 430.8 | -2.5% |
| Endeavour Mining PLC | 1,694.0 | -2.3% |
| BP PLC | 480.6 | -2.2% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,416 | 0.0% | 1.7% |
| DOW JONES INDUS. AVG | 34,189 | 0.3% | 4.2% |
| DAX INDEX | 15,169 | 0.2% | 11.7% |
| NIKKEI 225 | 32,272 | -1.3% | 15.8% |
| S&P/ASX 200 INDEX | 6,977 | -0.3% | 0.3% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 78.23 | -3.20% |
| Brent Crude (ICE) | USD/bbl. | 82.54 | -3.10% |
| Gold Spot | USD/t oz. | 1,964 | -0.7% |
| Copper (Comex) | USd/lb. | 366 | -1.6% |
Click graph to enlarge
The UK 100 called to open -22 points at 7,388. The UK 100 is expected to open lower despite gains in the US which saw the Nasdaq extend its winning run to eight day. On Wall Street yesterday, The Dow Jones closed up 0.2%, the S&P rose 0.3%, its seventh winning day in a row, and the Nasdaq climbed 0.9%, an eighth day of gains, its best run since November 2021.
Anglo American’s rough diamond sales value for De Beer’s 9th sales cycle in 2023 came in at $80m.
ITV have reported that lower demand from free-to-air broadcasters for its content would impact its studios business in Q4, resulting in growth of around 3% for the unit in 2023, down from its previous mid-single digit forecast. Their studio revenue was up 9% at £1,516m (2022: £1,387m). They state that the advertising market remains challenging over the FY.
Marks & Spencer reported a much better-than-expected 75% rise in H1 profit but cautioned that H2 was unlikely to be as strong due to an uncertain economic outlook and challenging comparative numbers. Their structural cost reduction programme is on track with savings of over £100m delivered in H1, they have also announced an interim dividend of 1p per share.
Persimmon hires Andrew Duxbury, Galiford Try finance director as their new CFO.
Serco wins a £200m contract with the UK Ministry of Justice.
Wetherspoon (JD) expects their FY trading to be in line with market expectations. They reported an increase in Q1 sales, helped by easing costs and steady demand for its cheaper drinks and food despite the cost-of-living crisis. Q1 like-for-like sale rose 9.5%, while totals sales grew 8.1% this year.
Morgan Stanley Upgrades Rolls-Royce to Overweight from Equal-Weight (7 Buys / 8 Holds / 0 Sells)
UK
ITV
Marks & Spencer Group
Wetherspoon (JD)
US
Roblox
Jackson Financial
The Trade Desk
Twilio
Unity Software
The Walt Disney Co
Take-Two Interactive Software
AMC Entertainment
UK
ITV
Marks & Spencer Group
Wetherspoon (JD)
US
Roblox
Jackson Financial
The Trade Desk
Twilio
Unity Software
The Walt Disney Co
Take-Two Interactive Software
AMC Entertainment
German Harmonized Index of Consumer Prices
BoE’s Governor Bailey speech
EU Retail Sales
German 10-y Bond Auction
Japanese Current Account n.s.a.
UK 100 companies going ex-dividend on 9th November 2023:
Whitbread
UK 250 companies going ex-dividend on 9th 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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